Page 19 - Reliance Industries

Reliance-owned Viacom18 acquires Jiohotstar.com domain name after long wait

This final transfer solidifies Reliance's control over the domain, marking the resolution of the extended ownership debate

PM Internship Scheme: Launch delayed; applicants awaiting revised timeline

The pilot project of the PM Internship Scheme received over 650,000 applications for 127,000 opportunities offered by 280 Indian companies participating in the scheme

Reliance leads Wizikey media visibility rankings for 2024 among listed cos

Reliance Industries - India's largest corporate by revenues, profits, market value and social impact - topped the 2024 Wizikey News Score ranking as India's most visible corporate in the media, the AI-powered media intelligence firm said. Reliance's visibility across media is significantly higher than even the leading FMCG or banking and finance companies in India. Reliance scored 97.43 out of 100 on the News Score for 2024. It was 96.46 in 2023, 92.56 in 2022, and 84.9 in 2021, showing consistent growth year after year while being number one throughout. The Wizikey's News Score is determined by the volume of news, headline presence, reach of publications, and readership. Reliance has continued to top the Wizikey News Score annual rankings since its inception for each of the last five years. Reliance ranking was above the rest of the field with an unassailable News Score of 97.43, followed by State Bank of India (89.13), HDFC Bank (86.24), One97 Communications (84.63), ICICI Bank .

Markets gain 1%, driven by Reliance Industries and Bharti Airtel

Shares of Bharti Airtel rose 4.3 per cent following an upgrade by domestic brokerage ICICI Securities

Indian stock market could be bottoming out after crash, says Chris Wood

As an investment strategy, Wood has taken exposure in the US-listed online travel company MakeMyTrip in the India long-only portfolio with a 4 per cent weighting

RIL gains 2% as US-based arm picks 21% stake in Wavetech Helium

As per the agreement, Reliance Finance and Investments will buy a 21 per cent stake for an aggregate consideration of $12 million

RIL arm acquires 21% stake in US-based Wavetech Helium for $12 million

The acquisition, according to industry sources, is seen as RIL's attempt to gain further understanding and explore potential in the helium-related segment

Stock Market Highlights: Sensex holds 80k, ends 100 pts down; Ratings downgrade jolt Adani shares

Stock Market Close Highlights: The NSE Nifty 50 index slipped below 24,200; Small-cap stocks outperformed the broader market, with the Nifty Smallcap100 closing 0.8 per cent higher on Tuesday.

Telecom stocks gain as govt waives bank guarantee; Vodafone Idea surges 16%

Vodafone Idea is expected to be one of the key beneficiaries as the company was required to submit a total of Rs 24,700 crore in BGs, ICICI Securities said in a note.

RIL shares rise 2% as Citi upgrades stock to 'buy', citing strong outlook

The US-headquartered brokerage has raised the target price for the scrip to Rs 1,530, implying an upside of over 18 per cent from the current market price

BJP Maha win, global cues. Reasons Sensex rallied 1,300pts intraday Monday

The NSE Nifty topped the 24,300-level, and was up 350 points following BJP-led Mahayuti alliance landslide victory in Maharashtra elections. Index heavyweights SBI and RIL were the top gainers so far.

Stocks to Watch: Adani Group stocks, Zomato, RIL, Vedanta, Hero MotoCorp

Here is a list of stocks that will be eyed by investors and traders for today's session

Jigar S Patel of Anand Rathi suggests buying these three stocks on Nov 25

In the previous trading session, it broke above the highs of the last four days, supported by a bullish divergence on the daily chart, which further strengthens the case for upward momentum

Reliance's refining margins recover but retail remains uncertain: JPMorgan

One of the two drivers of Reliance Industries Ltd's recent underperformance - weak refining margin - has reversed but the other, poor-retail top-line growth, is difficult to anticipate, brokerage JP Morgan said in a report. Reliance stock is down 22 per cent from its peak on July 8 (NIFTY down 3.3 per cent), sharply reversing outperformance from earlier in the year. In a market where most stocks are trading well above historical valuations, Reliance's fair relative valuations are an attraction. The company helmed by billionaire Mukesh Ambani has three main business verticals - oil refining and petrochemical business housed in oil-to-chemical (O2C) unit, telecom arm Jio and retail. It also has a media unit and a new energy business. Reliance Retail plus Telecom now account for about 50 per cent of total 2023-24 (FY24) consolidated EBITDA. These, JP Morgan estimates, will account for almost all of net EBITDA growth over the next three years. With an EBITDA run-rate of USD 20 billion

Premium content production needs to be democratised: JioStar's Uday Shankar

We deliver the largest share of audiences on TV (110 channels such as Colors and Star Plus, 32 per cent viewership)

Reliance-backed Addverb to launch next-gen humanoid robots in 2025

Founded in 2016, Addverb provides smart end-to-end robots for warehouses and industrial automation

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Mcap of 8 of 10 most-valued firms erode Rs 1.65 trn; SBI, HDFC top losers

Eight of the top-10 most valued firms together lost Rs 1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank of India taking the hardest hit in line with a weak trend in equities. Last week, BSE benchmark Sensex fell by 1,906.01 or 2.39 per cent. Equity markets were closed on Friday for Guru Nanak Jayanti. "Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The valuation of HDFC Bank tanked by Rs 46,729.51 crore to Rs 12,94,025.23 crore. State Bank's market valuation eroded by Rs 34,984.51 crore to Rs 7,17,584.07 crore. The valuation of Hindustan Unilever slumped Rs 27,830.91 crore to Rs 5,61,329.10 crore, and that of Reliance Industries declined by Rs 22,057.77 crore to Rs 17,15,498.91 crore. The market capitalisation (mcap) of ITC dived Rs 15,449.47 crore to Rs 5,82,764.02 crore, and Bharti Airtel

JioStar won't limit itself to premium subscription model, says Uday Shankar

The mega joint venture, valued at Rs 70,352 crore, is focused on creating offerings that are attractive and affordable to all, and it will not be limited to just the premium subscription model

Review Starlink, Kuiper reach before spectrum allocation: Reliance to Trai

"The authority should critically examine the capacities created by these mega ... constellations such as Starlink and Kuiper," the letter dated Nov. 15 said