Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share
Reliance Industries' m-cap now 50% higher than the combined m-cap of all small-caps
Large flows pose a challenge to managing rupee appreciation
Reliance's oil imports in August rose about 58 per cent from July to 1.22 million barrels per day
The team owner's share price has more than doubled in the past few months and quadrupled in the past two years. It is the only sports team in the country to have its shares in the grey market
The stock had made a stellar debut with the scrip ending at Rs 698, a 122% premium against the issuance price of Rs 314.25. Coupled with the listing day rally, the stock has zoomed 368% on BSE
A 164% surge in RIL accounted for 43% of the Sensex rally since March 23, making US equities look better
There is room for consolidation in India, but we need to guard against concentration of power
Tata Consultancy Services (TCS) on Monday became the second Indian company to attain a market valuation of Rs 9 trillion after Reliance Industries Limited
The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month
Carlyle Group is looking to invest up to $2 billion in Reliance Industries' retail business
Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone
Money managers can't buy more of India's most valuable company as actively-run plans aren't allowed to own more than 10% of a single stock
The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses he inherited from his father
In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business
All that happened in the markets today
As per the weekly chart, the counter looks highly bullish till Rs 2000 level is defended. It also indicates a substantial rally is likely to emerge once the counter crosses a minor hurdle of Rs 2,520
With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward
Amazon deal, rally in US bourses propel Indian markets to log biggest gains since August 4
Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg