India’s Reliance jumps as results show consumer business thriving

19 January 2018, News Wires — Shares in India’s Reliance Industries rose on Friday, following record quarterly numbers that showed the conglomerate’s strategy to diversify beyond refining and petrochemicals was bearing fruit. The company’s gross refining margins – a measure of its core profitability – took a hit amid volatility in oil prices and slowing demand … More »