Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
16 January, 2026•7 min
2
16 January, 2026•7 min
2
Getting your Trinity Audio player ready...
More in Business
You may also like
Business
A mixed bag of a year for Reliance Industries
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
Business
Yes Bank’s comeback is real, but incomplete
The beleaguered lender outperformed larger rivals—and itself—on several metrics in FY26, but one-offs and a still weak retail engine keep its investors on edge.
Business
Adani and Ambani’s media bets sink deeper into the red
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
