Page 43 - Reliance Industries

RIL AGM LIVE: Mukesh Ambani to remain CMD for 5 years, mentor new leaders

RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

At the 46th AGM of Reliance, chairman, Mukesh Ambani is expected to divulge information about JFSL's business and future plans

Reliance AGM 2023 today: Here are the key takeaways from last year's meet

RIL AGM 2023: Ahead of RIL AGM, it is necessary to take a look back at the key announcements made by Ambani at RIL AGM 2022

Reliance AGM: Where and how to watch Reliance's 46th annual general meeting

Reliance AGM 2023: Mukesh Ambani, chairman of Reliance Industries, will address the shareholders and talk about the company's past performance as well as further plans

Stocks to Watch today, Aug 28: RIL, Jio Fin, BEL, Adani group, Gland Pharma

Stocks to Watch on Monday, August 28, 2023: The 46th Annual General Meeting (AGM) of Reliance Industries will take place at 2 PM today where Chairman Mukesh Ambani will address the shareholders

M-cap of 3 of 10 firms erodes by Rs 82,082.91 cr, Reliance biggest laggard

The combined market valuation of three of the top-10 most valued firms eroded by Rs 82,082.91 crore last week, with Reliance Industries taking the biggest hit. From the top-10 pack, Reliance Industries, HDFC Bank and State Bank of India were the three laggards, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel and Bajaj Finance were the gainers. The combined gain of the seven firms stood at Rs 67,814.1 crore. Last week, the BSE benchmark declined 62.15 points or 0.09 per cent. The market valuation of Reliance Industries fell by Rs 58,690.9 crore to Rs 16,71,073.78 crore. HDFC Bank's valuation eroded by Rs 20,893.12 crore to Rs 11,81,835.08 crore and that of State Bank of India declined by Rs 2,498.89 crore to Rs 5,08,926 crore. However, the market capitalisation (mcap) of Bajaj Finance jumped Rs 21,025.39 crore to Rs 4,36,788.86 crore. The valuation of ICICI Bank rallied Rs 13,716.34 crore to Rs 6,79,267.17 crore and that of Infos

Motilal Oswal MF buys Jio Financial Services' shares worth Rs 754 cr

Motilal Oswal Mutual Fund on Friday acquired 3.72 crore shares of Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group, for Rs 754 crore through an open market transaction. According to the bulk deal data available with the NSE, Motilal Oswal Mutual Fund bought 3,72,00,000 shares, amounting to a 0.6 per cent stake in Jio Financial Services. The shares were purchased at an average price of Rs 202.80 apiece, taking the transaction value to Rs 754.41 crore. Shares of Jio Financial Services jumped 3.82 per cent to close at Rs 221.60 apiece on the NSE. Jio Financial Services Ltd (JFSL) listed on the stock exchanges on August 21. On Friday, the market capitalisation of the financial services company stood close to Rs 1.35 lakh crore on the BSE. In a separate transaction on NSE, Ascent Investment Holdings Pte divested a 3.7 per cent stake in Amber Enterprises India for Rs 353 crore through an open market transaction. Amber ...

Jio Financial recovers after hitting lower limit for five sessions

JFS was automatically included in the benchmark Nifty 50 and Sensex indexes due to Reliance's presence, with the plan to remove the stock at the end of Aug 23

EIH hits 52-week high as promoter Oberoi Group partners Reliance Industries

Reliance Industries and The Oberoi Hotels and Resorts will jointly manage three properties across India and the UK

Bail formalities completed, ex-cop may walk out of jail in Antilia case

A special NIA court here on Thursday set bail conditions for former policeman Pradeep Sharma, an accused in the Antilia bomb scare case and killing of businessman Mansukh Hiren, and accepted his plea for provisional cash bail. Sharma is likely to walk out of jail on Friday as the formalities for release on bail were complete, his lawyer Subhash Jadhav said. The Supreme Court on Wednesday granted bail to the former 'encounter specialist' officer of Mumbai police. Arrested in June 2021, he is currently lodged at a jail in Pune. The special NIA court, presiding over the Antilia-Hiren case, asked Sharma to submit a personal bond of Rs 25,000 and surety of the same amount. The court also directed Sharma to inform his latest place of residence and mobile contact number to National Investigation Agency, Mumbai in case of any change. On February 25, 2021, an explosives-laden SUV was found near industrialist Mukesh Ambani's residence 'Antilia' in south Mumbai. Businessman Hiren, who was

Reliance partners with Oberoi Hotels to co-manage hospitality ventures

Reliance Industries on Thursday announced that it has entered into an understanding with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK.The trio of properties includes the upcoming Anant Vilas Hotel situated in Mumbai's Bandra Kurla Complex (BKC), the iconic Stoke Park in the UK, and another planned project in Gujarat.Oberoi Hotels was voted the World's Best Hotel Brand at the Travel + Leisure, USA World's Best Awards, 2022.Anant Vilas has been conceived as the first metro-centric property as part of the iconic luxury 'Vilas' portfolio run by Oberoi. Anant Vilas is located in the bustling business district of Bandra Kurla Complex in Mumbai which is fast becoming a mixed-use destination with business, hospitality, shopping, F & B, arts and culture, educational and residential uses and high footfall of citizens and visitors to the city.Anant Vilas seeks to augment the hotel footprint of the business district with an iconic ...

Rel Retail aims to raise Rs 3K cr via InvIt for warehouse, logistics biz

The trust's portfolio consists of over 60 warehouses across major cities such as Delhi, Mumbai, and Bengaluru

Stocks to Watch: Reliance, Coforge, GAIL, Vascon, Sugar stocks, P&G Health

Stocks to Watch on August 24, 2023: Coforge promoter Hulst BV is looking to offload its entire 26.63% stake in the firm via a block deal; India may ban sugar exports for the first time in 7 years

Life Insurance Corp picks up 6.66% stake in Jio Financial Services

The cost of the acquisition was 4.68 per cent of the pre-demerged cost of Reliance Industries Ltd

LIC acquires 6.66% stake in Jio Financial Services through demerger process

Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "... Corporation has acquired 6.660 per cent shareholding in 'Jio Financial Services Ltd' through demerger action by 'Reliance Industries Ltd'," LIC said in a regulatory filing. Jio Financial Services listed on the stock exchanges on August 21. The market capitalisation of the financial services company stood at close to Rs 1.60 lakh crore. The LIC further said that the cost of acquisition of Jio Financial Services is 4.68 per cent of the pre-demerged cost of Reliance Industries. Shares of Jio Financial Services were trading at Rs 239.20 apiece, down 4.99 per cent, hitting the lower circuit limit for the second straight session on the BSE. On August 21, The scrip listed at Rs 265 on the BSE, up 1.20 per cent against the Rs 261.85 -- the price fixed at a special price discovery sessi

Jio Financial hits 5% lower circuit for second straight day post listing

Till 11:39 am; a combined 6.03 million shares changed hands, with pending sell orders for 106 million shares on the NSE and BSE

Sensex ends 267 pts up; Adani Group stocks shine; Jio Fin dips 5% on debut

CLOSING BELL ON AUGUST 21, 2023: The NSE Nifty 50 ended with a gain of 84 points at 19,394. Jio Financial Services settled at the 5 per cent lower circuit on debut on Monday.

RIL, ONGC, M&M: Trading strategies for buzzing stocks of the day

Trend remains optimistic in RIL, ONGC, M&M, KEX and Titan shares, as per their respective charts.

Jio Financial lists at Rs 265, becomes 33rd most-valued co; should you buy?

At 10:21 AM, JFS was locked at the 5 per cent lower circuit when compared with the special discovery price of Rs 261.85. The stock was locked at Rs 251.75 on the BSE and Rs 248.90 on the NSE

Shares of Ambani's $20 bn Jio Financial Services set to debut in Mumbai

Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture