Mukesh Ambani’s Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plans

July 3, 2025

Reliance is restructuring to consolidate its FMCG brands, including Campa and Independence, into a new entity, New Reliance Consumer Products Ltd, a direct RIL subsidiary. This strategic move aims to attract specialized investors and provide focused attention to the rapidly growing consumer brands business, valued at ₹11,500 crore in FY25.

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US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices

Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation

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Stock selection holds key as earnings & valuation gaps widen: Tata MF’s Chandraprakash Padiyar

Stock selection will be critical for investors as earnings and valuation gaps widen across large-, mid- and small-cap stocks, according to Chandraprakash Padiyar, senior fund

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