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Behind Reliance Industries' sale of a step-down unit, an OFCD route

Mumbai/ Bengaluru, June 5 -- Reliance Industries Ltd channelled money to a small firm with no business operations of its own likely to fund the acquisition of a third-layer step-down subsidiary of the... Read More


How a debt transaction helped lift profit at Reliance Retail in 2025-26

New Delhi, May 30 -- Nearly the entire incremental profit growth at Reliance Retail in the last fiscal year stemmed from the conversion of an interest-bearing loan from its parent to a zero-coupon ins... Read More


Reliance sells unit to former associate company, in test of Sebi's related party transaction rules

Mumbai/Bengaluru, May 1 -- Reliance Industries Ltd's recent sale of a second-level step-down subsidiary to a little-known company may test the limits of regulation on related-party transactions even w... Read More