Reliance Industries shareholders are stuck in a rut
The core oil-to-chemicals business is in the midst of its worst crisis, dragging down profits that fund the behemoth’s other ventures. The worst part: there is little hope of an uptick anytime soon.
16 December, 2024•11 min
0
16 December, 2024•11 min
0

More in Business
Business
IndiGo has a forex headache
India’s largest airline surprisingly doesn’t seem to have a hedging strategy that is good enough to guard against a weakening rupee. This could potentially clip its wings.
You may also like
Internet
Why Middle East oil giants are betting big bucks on AI
ADNOC and Aramco are using their oil money to venture into new technologies and future-proof their business.
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
Internet
How Reliance’s $180 million bet on Embibe came to naught
The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.








