Reliance Q3 net jumps 56% to Rs 627 cr
Backed by 25% sales growth and 11% increase in selling prices of products, Reliance Industries Ltd has reported a 56% rise in net profit at Rs 627 crore for the third quarter ended December 31, 1999, against Rs 402 crore during the corresponding period last year.

Indal Q3 net profit vaults 43% to Rs 14 cr; sales up 13% to Rs 276 cr
Indian Aluminium Company (Indal) on Thursday reported a net profit at Rs 14 crore for the third quarter of the current fiscal which is up by 43% compared to the corresponding period of the previous fiscal.

Reliance to spend $50m per annum over four years on twelve oil blocks
Reliance Industries will spend $50 million annually over the next four years on the 12 offshore blocks it has bagged under the new exploration licensing policy (NELP), company managing director Anil Ambani said on Thursday.


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