Europe mulls shorter T+1 settlement cycle

Europe is mulling a shift to a shorter T+1 settlement trade cycle for its markets from the current T+2, according to people in the know. ‘T’ stands for trade day. The Association for Financial Markets in Europe (AFME) — an industry advocacy organisation that represents wholesale market participants in Europe, including the European Union and […]

RIL Q4 Results Highlights: Reliance Q4 net profit at Rs 19,299 cr beats estimates, supported by growth across biz

RIL Q4 Results 2023 Highlights: Reliance Industries Ltd’s fiscal fourth quarter net profit at Rs 19,299 crore jumped 19.1% on-year, beating estimates of most analysts, who forecasted a muted net profit and sales growth for the company. RIL revenue for January-March quarter rose 2.1% on-year, to Rs 2.16 lakh crore. Earlier today, Reliance Jio reported […]

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