Page 139 - Reliance Industries

RIL, Nayara Energy plan to wind down Venezuelan oil buys in April

India accounted for about a third of Venezuela's oil shipments in January

Coronavirus isn't a bottom fishing opportunity, poses big risk to India Inc

Experts say it's tough to claim that equities have fully priced in its impact on India Inc's earnings

Brookfield-RIL InvIT likely to raise more debt to attract investors

Tower Infrastructure Trust, set up by Brookfield and RIL, had filed its prospectus just a few days before the Budget was announced

Satya Nadella, Mukesh Ambani talk changing landscapes of digital India

72 per cent software jobs are outside tech industry, said Nadella

Reliance rejig of media business makes Sony merger less likely, say experts

Reliance Industries' move to consolidate its media and distribution businesses under one entity Network18 Media & Investments will create a cleaner structure and make the merger of entertainment channels with Sony less likely, experts said. Earlier this week, the company said it will merge its TV18 Broadcast business with Network18, and maintain the cable and broadband businesses of Hathway Cable & Datacom and Den Networks, which it bought in 2018, as separate wholly-owned subsidiaries of Network18. Network18's portfolio includes Nickelodeon, MTV, and CNBC TV18, among others. "From RIL's perspective, this creates a cleaner structure and is easier to manage (as it reduces listed entities)," BofA Securities said in a report Friday. In a separate report, CLSA said the rejig will make a deal with Sony for merger of entertainment channels less likely as the news broadcasting sector has a restriction of 26 per cent foreign ownership. Between content and distribution, BofA considered

Gauging impact of US sanctions on Rosneft unit: Reliance Industries

Reliance, the operator of the world's biggest refining complex, said its purchases of Venezuela crude oil are reported to and permitted by the US government.

Benchmark indices snap four-session losing streak on China fillip

Gains in index heavyweights such as Reliance Industries and HDFC helped domestic indices post their biggest jump in two weeks

RIL's media biz consolidation a blockbuster move for shareholders

In addition to synergy gains, strategic partner could add to digital offerings

Hathway Cable, TV18 Broadcast surge 20% as RIL to consolidate media biz

For every 100 shares of TV18, Hathway, and Den, their shareholders would get 92, 78, and 191 shares of Network18

Market Ahead, February 18: All you need to know before the Opening Bell

Reliance Industries has said it is consolidating its media and distribution business spread including TV18 Broadcast, Hathway Cable & Datacom, DEN Networks into Network18

Fund managers bought Bharti Airtel, sold Reliance Industries in January

Large-cap holdings of equity MFs saw significant churn at the start of the new calendar year. Fund managers upped their wager on Bharti Airtel

RIL, TCS lead as eight of top-10 companies add over Rs 1 trillion in m-cap

RIL's valuation zoomed Rs 33,534.56 crore to reach Rs 9,42,422.58 crore

Shell, RIL win in English HC against govt in PMT oil, gas field dispute

The two firms had gone to the English High Court against the 2016 partial award

Market Ahead, February 11: All you need to know before the Opening Bell

A total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today

Reliance-BP to auction more gas from KG-D6 offshore block this month

The volume to be offered is the same as the one the company bid out in November last year

Eight of 10 most valued cos add Rs 1.57 trn in m-cap; RIL, HDFC twins lead

Only two companies, Tata Consultancy Services (TCS) and Infosys, took a hit in their market capitalisation (m-cap) for the week ended on Friday

RIL's new kirana store-driven delivery model to aid new commerce initiative

The concept was to leverage the network presence of kirana stores for RIL's e-commerce initiative. Under this initiative, RIL started JioMart's pre-registration in December last year.

Macquarie downgrades RIL to 'underperform', says will buy around Rs 1,200

It cautioned that its fundamental bear case is nearly 35 per cent below current price and it would assign at least a 30 per cent weight to each of the risk factors.

Market Wrap, Jan 30: Indices at 3-week closing low, Sensex tanks 285 pts

Reliance Industries was the top drag on the indices, down 2.5 per cent, after global brokerage firm Macquarie downgraded the stock to 'underperform'

RIL approaches NHAI for offering waste plastic-to-road technology

Along with NHAI, RIL is also in talks with state governments and local bodies across the country for offering its technology, he said.