Page 134 - Reliance Industries

RIL rights issue oversubscribed nearly 1.3 times with one day still to go

Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore

Covid-19 impact: Moody's downgrades 8 Indian firms and 3 banks

Moody's affirmed the issuer rating of Reliance Industries but revised the outlook to negative from stable

Market Ahead, June 2: All you need to know before the opening bell

A total of 18 companies, including the likes of Britannia, Indigo, and Motherson Sumi, are scheduled to announce their results today which will induce individual stock reactions

Reliance Infrastructure removes KPMG from BSES stake sale process

KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

Tata, LIC, Reliance most valued brands but Covid may spoil the equation

Tata group holds on to the top rank while Reliance climbs a spot; Indian Oil debuts in the top 10 list with a 41% jump in brand value

RIL's Rs 53,000 cr rights issue fully subscribed, closes on June 3

Price fixed at Rs 1,257, a discount of 17.3% to the last closing

RIL diverts Alok Industries for making PPE; says will cut cost to one-third

Capacity has been scaled up to produce more than 100,000 PPE kits per day and cost has been slashed to nearly Rs 650 per unit from the about Rs 2,000 apiece imported price, they said

RIL on track to attain zero net debt even if Aramco deal is delayed: Report

Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

Big-time success: Market experts hail rights entitlement platform

Reliance Industries' mega rights issue was the first time the platform was tested

Sensex recovers 600 pts from day's low, ends 223 pts up; FMCG, pharma rally

All that happened in the markets today

Covid-19 crisis: India Inc reaches for pink slips as cash flow dries up

Senior staff of all the top groups have taken salary cuts up to 20 per cent to preserve jobs at the bottom of the pyramid.

Flexibility helps RIL beat peers, achieve 90-100% capacity under lockdown

In comparison PSU refiners were able to achieve 60%; RIL's oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

Top 10 biz headlines: Recession, Nasdaq listing for Jio Platforms, and more

Here are the top 10 business headlines on Wednesday morning

Street signs: More companies could delist, RIL's rights issue, and more

Delisting of companies could gain traction with some promoters eyeing to wrestle full control, taking advantage of the drop in share prices triggered by the Covid-19 pandemic

Reliance estimates $200-400 mn liability in KG-D6 cost recovery dispute

Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010

India Inc welcomes RBI's rate cut, says will revive demand in auto, realty

Falling rates to help; rise in group exposure limits will support large companies

JioMart goes live across India, offers range of products for home delivery

The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com

His son's father: How Mukesh Ambani has re-invented Reliance yet again

The govt matters less in brand and tech businesses, where consumer preferences and the building of a franchise are autonomous of policy, though policy does help in some ways, writes T N Ninan