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Ostensibly competing suppliers of imported coal, the two business groups are joined at the hip and may actually be helping each other out, finds an investigation.

Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
From crippling solar tariffs and a sovereign fund exit to revived power contracts, a turbulent week highlights the group’s contested yet indispensable role in India’s energy transition.
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.