The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago
Consolidated net revenue declined 22 per cent to Rs 1.23 trillion in December quarter compared to Rs 1.57 trillion during the year-ago period
All the key sectoral indices ended the day in a sea of red
During the 74 sessions, the market capitalisation of the listed firms on BSE soared by Rs 38.55 trillion to Rs 199 trillion
Sebi gave a go-ahead to Future Group's scheme of arrangement and sale of assets to Reliance
Competition Commission of India approved the acquisition of stake in Max Life Insurance by Axis Bank, Axis Capital and Axis Securities
The Securities and Exchange Board of India (SEBI) allowed the deal with some riders, five months after it was announced last August
"Janet Yellen's statement that the United States needs a big stimulus push has pumped markets across the globe, including India," said Ajit Mishra, vice president, research at Religare Broking
JPMorgan would focus on Reliance Industries' management's commentary on Jio Platforms, and Jio Mart rollout
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
Gains in heavyweights HDFC Bank and Reliance Industries capped losses
The move to integrate JioMart with WhatsApp will allow hundreds of millions of users to order products from Reliance without having to leave the app
While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan
The stock surpassed its previous high of Rs 13, touched on September 4, 2020
In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India's economy at $9.6 billion
IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels
Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)
TCS hit a new high of Rs 3,261 on the BSE in intra-day deals today
The benchmark Sensex ended the session at 49,517, a gain of 247 points or 0.5 per cent. The Nifty rose 78 points or 0.5 per cent to end the session at 14,563
Amazon also urged Sebi about not granting any no-objection in relation to the same and directing the Indian Stock Exchanges not to issue any no-objection/approval letter to Future Retail