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6 months ago

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India's Reliance misses profit view as crude drop hurts mainstay business

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India's Reliance misses profit view as crude drop hurts mainstay business

India's most valuable company Reliance Industries reported a weaker-than-expected quarterly profit on Friday as a fall in crude prices hit revenue from fuel sales and hurt its mainstay oil-to-chemicals (O2C) business.

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India's Reliance misses profit view as crude drop hurts mainstay business

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