Home Business Ambani’s Reliance Beats Profit Estimate, Plans $2.5 Billion Fund Raising

Ambani’s Reliance Beats Profit Estimate, Plans $2.5 Billion Fund Raising

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Reliance Industries Ltd., helmed by billionaire Mukesh Ambani, posted a larger-than-expected quarterly profit as its consumer units offset the weakness in its traditional petrochemicals business.

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