The ministry raised the demand recently following the Delhi High Court's decision in the matter last month
In the past six months, RIL share price has underperformed the market by falling 15 per cent as compared to a 9 per cent decline in the BSE Sensex
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
Also receives liquidated damages levy notice over battery PLI milestone delay
The final outcome of all arbitral cases have gone in favour of the government; ironically, the finance ministry itself advised departments to exercise caution when challenging awards for larger cases
Reliance share price was quoting at a 15-month low, and below its super trend line support on the monthly scale for the first-time since April 2014; here's a technical outlook on the stock.
Reliance Industries says the petroleum ministry has raised a $2.81 billion demand over a gas migration dispute linked to KG-D6, following a Delhi High Court ruling in the government's favour
Stock down 21.2% since FY24-end; share price at 17-month low
In the past six months, RIL has underperformed the market by falling 22 per cent, as compared to the 11.5 per cent decline in the BSE Sensex
The small monetary fines are a mere rap on the knuckle, especially for Asia's richest person and his Reliance conglomerate
The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.
Prime Minister Narendra Modi, who inaugurated the summit, said Madhya Pradesh is becoming a preferred business destination while adding that this is the right time to invest in the state
Reliance Consumer Products has developed the unit in collaboration with local partner Jericho
Reliance Industries led with 79,020 crore net profit, followed by HDFC Bank, with 65,447 crore in 2024
Reliance Consumer Products Ltd, the FMCG arm of Reliance Industries, on Tuesday announced the launch of its soft drink brand Campa Cola in the UAE at the ongoing Gulfood, the world's largest F&B sourcing event. Campa Cola, which has disrupted the Indian beverages industry, is being launched in the UAE with partner Agthia Group, one of the region's leading food & beverage (F&B) companies, according to a joint statement. "This debut marks RCPL's first entry into the United Arab Emirates and reaffirms its long-term commitment to the region," it said. Reliance Consumer Products Ltd (RCPL) entered into the soft drink market after acquiring Campa Cola in 2022 and later reintroduced it in 2023. Commenting on the development RCPL COO Ketan Mody said:"We are excited to enter the UAE market with Campa, a heritage Indian brand founded more than 50 years ago. We are investing for the long term and see great potential for accelerated growth in the region. We have a track record of ...
NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.
Reliance share price: This agreement makes Reliance New Energy Battery Ltd eligible to receive incentives under India's Rs 18,100 crore PLI ACC scheme
India's largest and most valuable company Reliance Industries Ltd has been ranked the second best brand globally on the FutureBrand Index for 2024, ahead of brands like Apple and Nike. The ranking highlights brands that continuously evolve strategies to deliver on both brand purpose and experience, staying ahead of market shifts. Reliance jumped 11 places in the latest ranking, according to the ranking released by FutureBrand. The company was ranked at 13th place in 2023 and is ranked at 2nd in the latest ranking. The list is led by Korean brand Samsung. Reliance ranks ahead of well-known global brands like Apple, Nike, Walt Disney, Netflix, Microsoft, Intel and Toyota. Reliance is the only Indian brand on the list. "A future brand is a brand poised for future success. It is one that is perceived to balance a strong sense of purpose with a universally great experience right across its value chain," the report said. "A future brand performs consistently and universally well on the
In a BSE filing, RIL added that the Division Bench of the Delhi High Court reversed the judgment of the single judge
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, Hindustan Unilever, Bajaj Finance and ITC faced a combined erosion of Rs 2,03,952.65 crore in their valuation, Bharti Airtel and ICICI Bank emerged as the gainers. The market capitalisation (mcap) of Reliance Industries tanked Rs 67,526.54 crore to Rs 16,46,822.12 crore. The valuation of TCS tumbled Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank's mcap eroded by Rs 28,382.23 crore to Rs 12,96,708.35 crore and