According to Berstein's latest report on the company, its retail business is valued at $112 billion while its O2C business is valued at $57 billion
Numbers show subdued overseas demand for services, gradual recovery in consumer demand and the impact of high interest and inflation
Brookfield Asset Management said in March it will invest A$20 billion and A$30 billion over the next ten years in Australia along with it partners in renewable energy projects
Solar Energy Corp, has offered oil-to-telecoms conglomerate Reliance Industries a 51% stake in a joint venture to supply renewable power to the latter's refineries and other manufacturing plants
Tribunal orders Sebi to refund penalty of Rs 25 crore within four weeks
Growth expectations of incumbent AMC players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans
RIL, L&T, ITC account for bulk of the gains
RRVL valued at $100 bn by JM Financial; Reliance group looking to unlock potential of its telecom unit too
QIA is considering a $1 billion investment to buy a 1% stake bringing the valuation of Mukesh Ambani's retail unit to $100 billion
Stocks to Watch on July 25, 2023: Asian Paints, Bajaj Auto, Cyient, CEAT, Delta Corp, Jubilant FoodWorks, KPIT Tech, Larsen & Toubro, SBI Life and Tata Motors will release their Q1 results today
RIL's consolidated net debt stood at Rs 1.27 trillion as of the June 2023 quarter, up marginally on a sequential basis
The transaction is subject to regulatory approvals and is expected to complete in around 3 months
ICICI Bank remains strong on charts post delivering Q1 results last week
The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business
Stocks to Watch on July 24, 2023: Tata Steel, HDFC AMC, Canara Bank, IDBI Bank, TVS Motor will announce their Q1 results today
Recent rally, soft outlook for O2C business may pull stock down
Consumer business reports healthy growth
Reliance Industries announces dividend of Rs 9 per share
Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)
The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels