Top 10 biz headlines: RIL, Indigo Q1 results, Oyo $2-bn investment & more

From Brookfield capital infusion into RIL to Lenders revised norms for Jet airways, here are the top business headlines on Friday

1. RIL Q1 net up 7% at Rs 10,104 crore; Jio, retail boost revenues by 22%

Reliance Industries Ltd (RIL) on Friday reported a 6.8 per cent increase in its net profit at Rs 10,104 crore for the quarter ended June this year on the back of a record 22 per cent jump in revenue at Rs 1.72 trillion. 

Consumer businesses contribute 32 per cent of the consolidated segment gross earnings (or earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the quarter. For the same quarter last quarter, the company reported a net profit of Rs 9,459 crore.