Author: Rahul Mehra
News Editor

Rahul Mehra

Rahul has been an integral part of the Hello Entrepreneurs magazine journey since its inception. As a key contributor, he has played a pivotal role in shaping HE into a premier business magazine known for its diverse and compelling content. Rahul's dedication and expertise have been instrumental in curating a wide range of subjects, ensuring that HE remains a go-to resource for entrepreneurs seeking valuable insights and inspiration. His unwavering commitment to excellence has helped establish HE as a trusted platform for thought-provoking articles, interviews, and features, significantly impacting the entrepreneurial community.

New Delhi: Reliance Industries Limited (RIL) has reported a strong fourth-quarter performance, beating analyst estimates with a 19% year-on-year increase in net profit to ₹19,299 crore ($2.6 billion) and a 2% increase in revenue to ₹2.16 lakh crore ($29 billion). However, the company’s stock remained flat due to concerns over its growing capital expenditure. The stock had touched a 52-week low of ₹2,180 ($29) in March and has been trading flat since the beginning of April. RIL’s full-year 2023 net profit rose by 9.9% to ₹66,702 crore ($9 billion), while earnings before interest, taxes, depreciation and amortization (EBITDA) were ahead…

Read More