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Reliance Petroleum

Reliance to combine group functions into one unit

In one of the biggest cost-saving exercises, Mukesh Ambani-led USD 35-billion conglomerate Reliance Group is working on setting up a shared service centre that will integrate core support functions, HR, training, commercials and IT services of all group companies...

Shell asks employees to look for new jobs

Shell India, one of the leading fuel retailers in the country, has asked some of its employees to look for new jobs. Deepak Mukarji, Shell India's head of corporate affairs, in a statement said: “Some employees undergoing training are being...

Reliance Petroleum to shut down 900 fuel outlets

Reliance Petroleum, the fuel retailing arm of Reliance Industries Limited (RRL), has decided to shut operations of about 900 company-owned petrol stations in the country. Confirming the news to Indiaretailing, a Reliance spokesperson said, “In a week's time the outlets...

Fuel price hike: a relief for fuel retailers

Fuel price hike may not be good news for all; however, it brought some relief to oil retailing companies like Indian Oil Corporation (IOC), Reliance Petroleum and Hindustan Petroleum, who’ve been incurring huge losses due to subsidies in domestic...

Fuel retailers condemn government’s decision

Indian Oil Corporation (IOC), Reliance Petroleum and Mangalore Refinery and Petrochemicals Ltd (MRPL) have condemned the central government’s unfavourable decision on retail price of fuel. Speaking to Indiaretailing, a Reliance spokesperson said, “Though the prices of fuel in our outlets...

Fall in retail shareholders

Even as India Inc's shareholder base shrunk amid concentration of large holdings in hands of big investors like promoters, foreign institutional investors (FIIs) and high net worth investors (HNIs), those of numerous blue-chip companies led by Reliance group saw...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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