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Reliance Industries

Reliance Industries Limited (RIL), one of India's largest industrial conglomerates, celebrated remarkable achievement of Jamnagar Refinery completing 25 years.

Reliance Industries Limited (RIL), India’s largest company by market capitalisation, has seen its stock fall by 23 per cent from its peak in July.

RIL’s EBITDA decreased by 2 percent year on year, totaling ₹43,934 crore ($5.2 billion). In contrast, Jio Platforms Limited (JPL) saw a significant EBITDA increase of 17.8 percent, attributed to a better subscriber mix and the scale-up of digital service

Report: Mark Zuckerberg-Led Company Seals Deal with Reliance Following Discussions at Anant Ambani's Pre-Wedding Celebrations

Reliance is anticipated to acquire 51–54 percent of the combined company. This would value Disney's Indian operations at $3.5 billion, a substantial decrease from the estimated $15–$16 billion in 2019.

Among the Sensex firms, Sun Pharma, Axis Bank, Kotak Mahindra Bank etc. were the major gainers.

Foreign Institutional Investors (FIIs) sold securities worth Rs 1,322.08 crore

Mukesh Ambani announced that the rollout of Jio 5G will begin in late October and will be completed by December.

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