RIL Q1 results: Oil-to-telecom conglomerate Reliance Industries Ltd yesterday reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to June 30 on the back of higher petrochemical margins and one-time gain from...
Salt-to-hotels conglomerate ITC’s cigarette division contributes nearly two-thirds of the the FMCG (fast moving consumer goods sector) total revenues. Over 60 per cent of ITC's revenues come from its cigarettes business.
China's regulators have told banks to stop providing funding for several of Dalian Wanda Group's overseas acquisitions as Beijing looks to curb the conglomerate's offshore buying spree, sources familiar with the matter said on Monday.
One of China’s most prolific overseas acquirers, the airlines-to-hotels conglomerate HNA Group, is drastically slowing its deal making, suggesting a government crackdown on debt may be crimping its global ambitions.
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