Business Line articles

RIL: Handsome performance

The nearly 80 per cent rally in the stock of Reliance Industries (RIL) over the past year has been predicated largely on two hopes – path to profit of the telecom business (RJio), and healthy profit growth in the mainstay petrochemicals and refining segments thanks to big capacity expansions and upgrades.

‘Coastal shipping of coal to double’

Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today. “Crisil Research estimates coastal transportation of coal to increase to 63 million tonne per annum (mtpa) by fiscal 2023, from 32 mtpa as of fiscal 2017 as structural bottlenecks ease,” it