Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.
London-based bank originally provided £60 mn loan facility to subsidiary of Reliance Industries Ltd. shortly after it acquired the Stoke Park estate in southeast England for £57 million in 2021
Stocks to watch on Oct 17, 2023: HDFC Bank reported a 50 per cent jump in net in its first results after merger with HDFC; Jio Financial posted 100 per cent growth in net post demerger from Reliance.
"A vote against this resolution is warranted as Anant Ambani's limited leadership/board experience of around six years, raises concerns on his potential contribution to the board," ISS said
A R Ganesh appointed group chief technology officer
RIL's refining segment gains are expected to be partially offset by a slump in petrochemical margins and planned shutdowns at the refining facilities
Charts suggest that shares of oil exploration companies can rally over 16 per cent from present levels.
The combined market valuation of six of the top 10 valued firms jumped Rs 70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers, Infosys, Tata Consultancy Services (TCS), State Bank of India and Bajaj Finance emerged as the laggards. Last week, the BSE benchmark climbed 287.11 points or 0.43 per cent. The market valuation of Reliance Industries rallied Rs 22,191.43 crore to Rs 15,90,408.31 crore, the most among the top 10 firms. Hindustan Unilever added Rs 17,222.5 crore taking its valuation to Rs 6,04,326.62 crore. The valuation of Bharti Airtel jumped Rs 16,953.01 crore to Rs 5,36,035.96 crore and that of ITC climbed Rs 7,607.26 crore to Rs 5,59,071.10 crore. The market capitalisation (mcap) of ICICI Bank rose Rs 4,581.64 crore to Rs 6,66,639.07 crore and that of HDFC Bank went up by Rs 1,971.27 crore to Rs 11,65,135.58 crore. However, the valuati
Maruti Suzuki, Zomato, ITC and Tata Motors are other stocks that have seen continued buying interest from MFs
According to the Forbes India Rich List 2023, Savitri Jindal is the wealthiest Indian woman
States that the youngest Ambani's age is lower than its stated voting guidelines
The International Olympic Committee (IOC), the Olympic Museum and Reliance Foundation on Monday announced an agreement to promote Olympic values through sport among children starting with the Mumbai region and soon expanding it across the state of Maharashtra. The agreement will focus on grade-specific activities in selected schools, sessions between athletes and students to promote physical activity and raising awareness to promote Olympism and Olympic values. The programme has had a world-wide impact so far, said IOC president Thomas Bach, adding that the agreement with the Abhinav Bindra Foundation in Odisha has been reaching unprecedented heights'. Talking about the agreement with Reliance Foundation, Bach said, They have the potential to reach 17.5 million children across Maharashtra and with the Abhinav Bindra Foundation in Odisha, there is potential to reach another 7 million children." Most of these children are coming from the underprivileged section of the society and the
Stocks to Watch on October 9, 2023: MCX has received approval from Sebi's technical advisory panel to shift to the new commodity derivative trading platform
This investment by ADIA will translate into an equity stake of 0.59 per cent in the company on a fully diluted basis
The investment by ADIA at a valuation of $100.8 billion will translate into a stake of 0.59% in company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing
The idea is that a person can use one battery for mobility as well as for powering appliances at home, company executives at the event said
Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore
The processing, as well, remains heavily dependent on China for more than 90 per cent of the requirements, industry executives point out
Dunzo did not say when Suri would leave nor did it name his replacement. Ankur Agarwal and Mukund Jha are the company's other co-founders
The price of natural gas produced from difficult areas like KG-D6 of Reliance Industries is likely to be cut by about 14 per cent from next month in line with softening energy prices, sources said. For the six-month period starting October 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas is likely to be cut to around USD 10.4 per million British thermal unit from the current USD 12.12, they said. The government bi-annually fixes prices of the locally-produced natural gas -- which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers. Two different formulas govern rates paid for gas produced from legacy or old fields of national oil companies like Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), and for newer fields lying in difficult-to-tap areas, such as deepsea. Rates are fixed on April 1 and October 1 each year. In April this year, the formula ..