Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY

[Business-Standard]( Daily Newsletter 23 January 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 48878.54 (-746.22) [NIFTY]( 14371.90 (-218.45) GOLD (MCX 10 GM) 49147.00 (-301.00) SILVER (MCX 1 KG) 66640.00 (-660.00) USD ($) / INR(Rs) 72.98 (-0.17) Front Page [Reliance Industries Q3 consolidated PAT at Rs 13,101 cr, up 12.5% YoY]( Topline takes a hit by 21% as Covid-19 impacts operations, sales [Govt to impose a permanent ban on some Chinese apps including TikTok]( The government has sent notices to Chinese companies regarding the same [RBI discussion paper proposes four-tier structure for NBFC regulations]( Paper has also sought to raise net-owned funds required for new NBFCs from Rs 2 cr to Rs 20 cr. Timeline of five years for existing NBFCs to ... [CBI books Cambridge Analytica, Global Science over illegal data harvesting]( Facebook reported the leak of personal data of nearly 562.000 Indians users by the UK data firm [Farmers' protest: Suspension of farm laws is final offer, says govt]( Even the government hardened its stand, saying that the latest proposal of keeping the laws in abeyance for 12-18 months is the best it can do [No politics, followed scientific advice on Covid-19 vaccine, says PM Modi]( In an interaction with beneficiaries from his constituency, PM assures both vaccines safe [Premium Content][Fate of budget private schools hangs in the balance as they wait to reopen]( Hit by non-payment of fees, schools fear that many students will not return [After the high, a big fall: Sensex's 11-week winning streak ends]( Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and ... [Premium Content][Capex plans alive even during Covid-19; BSE100 firms add Rs 55K-cr assets]( BSE100 firms add Rs 55K-cr assets amid pandemic, per Deloitte-Business Standard analysis [Premium Content][CapitaLand, Shapoorji Pallonji's PE arm to foray into data centre business]( Such centres to witness $5 bn in investments till March 2025 and increase threefold in capacity: Crisil report Companies [Serum fire: No angle ruled out, says CM as Poonawalla pegs loss at Rs 1K cr]( Five contractual labourers died in the fire that broke out in a five-storey building in the SII's Manjari premises in Pune on Thursday. [1,500-acre logistics park set to come up near the auto hub of Sanand]( Spread across 1,450 acre at Virochan Nagar, the park is expected to attract investments worth Rs 50,000 crore in the logistics and transport ... [Premium Content][With talk of an IPO in the air, Falguni Nayar shares her Nykaa journey]( Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good ... [Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges]( Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has ... [» Read More Stories in Companies]( Economy & Policy [Budget Byte: Public health & wellness centres saw huge turnout in 2020]( This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1 [Premium Content][Retail health driving growth, motor insurance premiums inching up]( Increasing new vehicle sales and strong momentum in retail sales during the festive season supported growth. [Delhi High Court serves notice on govt, GST Council in real estate case]( As such, the prima facie evidence as required under the anti-profiteering provisions of the CGST Act does not exist, according to the [Nobody will dare reform farm sector if acts are repealed now: Ramesh Chand]( Says both the Centre and the Supreme Court have been quite accommodative and flexible in their approach, but now it seems to be a clash of egos [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Transmissi]( 477.15 1.25 [APL Apollo Tubes]( 938.30 -2.54 BSE TOP GAINERS Company Price (Rs) Change (%) [Cyient]( 602.85 18.80 [JK Tyre & Indust]( 136.05 17.69 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Biocon]( 393.80 -10.89 [S A I L]( 58.20 -10.39 [Premium Content][Investors trading in ETFs double in 2020, average daily turnover up 15%]( Fund houses launched 14 ETFs and 5 index funds garnering assets in excess of Rs 11,600 crore last year [Indigo Paints IPO: Attractive pricing fetches over 117 times bids]( The qualified institutional buyer (QIB) portion of the issue was subscribed 190x, while the high networth individual or HNI segment was ... [Bitcoin slumps below $30,000 in worst weekly loss in many months]( The cryptocurrency saw its sharpest fall since September last year [Premium Content][Portfolio concentration weighs on Bandhan Bank, stock down 13% post results]( Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment [» Read More Stories in Markets]( Opinion [Premium Content][Manufacturing might or services - what will steer India's future economy?]( We must acknowledge that India cannot replicate the export orientation of the East Asian manufacturing story, or even Bangladesh. The services ... [Premium Content][Shekhar Gupta: Why Modi is in retreat on farm laws]( Farm reform could've been high point of Modi's second term. But lack of patience, understanding and contempt for history have turned it into a ... [Premium Content][Not a starry moment for Narayanasamy]( Mr Narayanasamy could be in trouble as Puducherry, along with Tamil Nadu, goes to the polls in April-May [Premium Content][India's epic test]( Down 1-0 after the Adelaide Test, in which India collapsed to its lowest-ever total - 36 - in the second innings, not many had bet on an Indian ... [Premium Content][Brand Biden: Old, but likeable & trustworthy]( Compared to his predecessor Donald Trump, the new president does come across as somewhat colourless, and perhaps uninteresting [Premium Content][Covid vaccine: How to ensure equitable distribution]( We need equity, not equality, in vaccine distribution, and that is maintained in India's plan with some sort of emphasis on the risk factor and ... [» Read More Stories in Opinion]( Finance [Assam MFI Bill may hike asset-quality challenges for micro lenders: Crisil]( The recently passed Micro Finance Institutions (MFI) Bill, 2020 by the Assam Assembly has the potential to increase asset quality challenges for ... [YES Bank Q3FY21 net at Rs 151 cr versus Rs 18,560 cr loss a year ago]( NIMs at 3.4%; will decline post SC verdict in NPA case; Board clears equity raise up to Rs 4,000 cr [Soaring fuel prices crowd out other spends on credit cards: Report]( Massive rise in retail fuel prices crowded out other discretionary spends on credit cards in December, according a report [Indian Bank reports Q3 net of Rs 514 cr versus loss in year-ago quarter]( Board clears Rs 4,000 cr equity raising plans to reduce GOI stake below 75 per cent [» Read More Stories in Finance]( Technology [China's OnePlus, Oppo integrate parts of research and development]( OnePlus and Oppo are integrating parts of their research and development within OPLUS to "maximise resources", a move that could see the ... [Apple plans thinner Macbook Air with magnetic charger in Mac lineup reboot]( The upcoming MacBook Pro is an example of Apple's renewed focus on Mac loyalists [Yamaha Music India launches new RX-V AV receivers starting at Rs 47,490]( Yamaha Music India is looking at up to 20 per cent growth in the home audio segment for the next two years on the back of people's desire to ... [Not viable: Alphabet closing Loon, a balloon alternative to cell towers]( Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous using ... [» Read More Stories in Technology]( PF [Premium Content][Flipkart's subscription model is a good offering: Here's how it works]( However, offer does not suit users who switch plans often or do not handle their phones well [Premium Content][Tips on grooming yourself at home as you preen up for a WFH zoom call]( The lockdown forced shut the salons, spurring the growth of self-grooming products. And now, people are getting used to DIY grooming, visiting ... [Premium Content][Direct investors in foreign equities should make a cautious start]( When investing directly, go with exchange traded funds and curated portfolios initially and graduate to individual stocks once you have found ... [» Read More Stories in PF]( Beyond Business [Premium Content][Royal Enfield's wheels of fortunes]( Book review of Indian Icon: A Cult Called Royal Enfield [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. 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