Page 41 - Reliance Industries

Markets snap 6-day losing run; Sensex jumps 635 pts, Nifty nears 19,050

Closing Bell on October 27, 2023: Among sectors, the Nifty PSU Bank index jumped 4 per cent today

Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday

Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add

Ambani scions get shareholders' nod to become RIL's non-executive directors

In August, Mukesh Ambani began executing a succession plan for his energy-to-technology conglomerate, appointing his three children to the board of Reliance Industries Ltd

JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23

Jio said the service has already been available in four remotest locations in India - Gir Gujarat, Korba Chattisgarh, Nabrangpur Odissa, and ONGC-Jorhat Assam

Stocks to Watch today: RIL, Voda Idea, SBI, Adani, TTML, Jaiprakash Power

Stocks to Watch on Friday, October 27, 2023: Tata Sons, the holding company of the Tata group, will have to infuse an additional Rs 2,055 crore in its loss-making subsidiary Tata Teleservices

Stocks to Watch today: Tech M, IRM Energy, RIL, Sonata Software, ACC, PNB

Stocks to watch on Thursday, October 26: The consolidated net profit of Tech Mahindra for Q2FY24 fell 61.10 per cent YoY to Rs 505.30 crore -- the biggest drop in 16 years

Reliance nears multibillion-dollar deal to buy Disney's India operations

The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around $10 billion, as opposed to piecemeal transactions weighed earlier

RIL, HUL, ITC: Top 50 APAC firms lose over $185 billion in m-cap in Q3

Reliance Industries (8 per cent), Hindustan Unilever (7.9 per cent) and ITC (1.3 per cent) were the Indian companies that saw a drop in m-cap during the recently concluded quarter

BAM Digital Realty appoints CB Velayuthan as Chief Executive Officer

BAM Digital Realty, a joint venture between Brookfield Infrastructure and Digital Realty, on Monday announced the appointment of C B Velayuthan as its chief executive officer. BAM Digital Realty in July had announced that Reliance Industries would be joining the entity as an equal partner to form a three-way joint venture. The deal is currently under regulatory approval. The new entity will operate under the brand name Digital Connexion: A Brookfield, Jio and Digital Realty Company when finalized. Velayuthan will lead the India team to deliver on the digital infrastructure needs of this rapidly growing market, becoming a full product spectrum digital infrastructure provider that can support the capacity and connectivity requirements of cloud service providers, hyperscalers and enterprise customers in India and across the world, BAM Digital Realty said in a statement. Velayuthan joins BAM Digital Realty from Equinix as their Global Managing Director of Strategic Alliances. Previousl

M-cap of 10 valued firms plunge Rs 1.52 trn; Reliance, TCS biggest laggards

The combined market valuation of the top 10 valued companies plunged Rs 1,52,979.78 crore last week, with Reliance Industries and Tata Consultancy Services (TCS) taking the biggest hit in an overall weak trend in equities. Last week, the BSE benchmark fell 885.12 points or 1.33 per cent. The market valuation of Reliance Industries plummeted Rs 34,876.78 crore to Rs 15,55,531.53 crore. The valuation of TCS plunged Rs 27,827.08 crore to Rs 12,78,564.03 crore. Hindustan Unilever's market valuation eroded by Rs 18,103.6 crore to Rs 5,86,223.02 crore and that of Bajaj Finance fell by Rs 17,171.75 crore to Rs 4,70,574.90 crore. The market capitalisation (mcap) of ICICI Bank dived Rs 13,518.4 crore to Rs 6,53,120.67 crore and that of ITC dropped Rs 12,533.27 crore to Rs 5,46,537.83 crore. State Bank of India's valuation declined by Rs 11,512.75 crore to Rs 5,02,678.77 crore and that of HDFC Bank fell by Rs 10,387.09 crore to Rs 11,54,748.49 crore. The mcap of Bharti Airtel slipped Rs .

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

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.

Reliance Industries' luxury real estate bet gets HSBC financing boost

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 today: HDFC Bank, Grasim, JFS, Sugar, Ceat, SpiceJet, BoM

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.

Ambani's youngest son, Anant, faces proxy firms' pushback on board seat

"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

Jio Financial Services' net profit doubles sequentially in Sept quarter

A R Ganesh appointed group chief technology officer

Muted revenue growth, higher profitability for RIL in quarter ending Sept

RIL's refining segment gains are expected to be partially offset by a slump in petrochemical margins and planned shutdowns at the refining facilities

RIL, ONGC: Keep stocks of these oil explorers on radar as crude prices soar

Charts suggest that shares of oil exploration companies can rally over 16 per cent from present levels.

Mcap of six of top 10 firms jumps Rs 70,527.11 crore; RIL biggest gainer

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

Bulking up: Mutual fund managers favour select banks and auto stocks

Maruti Suzuki, Zomato, ITC and Tata Motors are other stocks that have seen continued buying interest from MFs

Forbes India Richest List 2023: Mukesh Ambani reclaims top spot; full list

According to the Forbes India Rich List 2023, Savitri Jindal is the wealthiest Indian woman