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The Central Bureau of Investigation (CBI) filed a charge sheet in a Mumbai court against Reliance Industries Limited (RIL) and four retired employees of National Insurance Company Limited (NICL), including a former CMD, under provisions of the Prevention of Corruption Act for criminal conspiracy and other charges. Acting on a reference from CVC ...
Besides de-leveraging the balance sheet, the ongoing restructuring should also help Reliance Capital conserve capital and generate better return ratios." [38] Reliance Capital in July 2014 announced the merger of its global film and media services business with Prime Focus to create an entity with a combined turnover of over Rs 1,800 crore. [39]
In the quarter ending March 2024, Reliance General Insurance reported a net profit of ₹58.31 crore and revenue of ₹1,741.55 crore, with year-on-year growth of 1.13% and 16.21%, respectively. [18] In the fiscal year 2023, Reliance General Insurance reported a turnover of ₹103,390 crore, marking a 9.88% increase from the previous year. [19]
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...
These acquisitions enabled SoundHound to reduce its reliance on its largest customer from 72% of Q3 2023 sales down to 12% in Q3 2024. Moreover, in 2023, more than 90% of its revenue came from the ...
Let me pivot to the balance sheet. Our cash and short-term investments totaled $5.7 billion at the end of the December quarter, down from $6.1 billion at the end of the September quarter.
We look forward to the timely filing of our 2024 audited financials in our Form 10-K. We are considering our options for the capital required to execute on our business strategy. We will continue to negotiate the potential exchange of existing debt and other liabilities to equity to improve our balance sheet.
Apparel and clothing. It had more than 2,300 stores in 2023. [39] 7 Reliance Trends Footwear Footwear retail format which was known as Reliance Footprint until 2019. It had over 800 stores in 2024. [40] 8 Reliance Market Cash and carry wholesale format. It had 40 stores in 2022. [41] 9 Reliance Brands Licensee of foreign upmarket fashion brands.
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