Shares of both RIL and Adani Enterprises had soared 19% and 42% respectively between Feb 24, when the Ukraine invasion began, and end of April, before a global stock rout wiped out some of those gain
From Silver Lake buying stake in Reliance Retail to Serum Institute halting trial of Oxford vaccine, here are the top headline of the day
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.
Last week, Future Retail's Managing Director Rakesh Biyani stepped down, while officials including the company secretary of the debt-ridden firm tendered resignation
"Energy and banking sector corporations were among the highest-ranking Indian companies in Forbes' Global 2000 list of public companies this year," the publication said.
Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government
In its letter, InGovern said many directors and key management personnel have resigned in the past year
High refining margins, gas prices and telecom ARPUs key contributors; stock falls nearly 4 per cent on Monday
European and Asian equities traded weak on concerns around world economic growth amid surging inflation, monetary tightening, and a slowdown in China's export
While arguing in the case, Amazon asked why Future did not inform the Supreme Court about the termination notice it received for its stores
Stocks to Watch Today: LIC IPO closes for subscription today; Campus Activewear to make its debut on the bourses on Monday.
A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley
The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.
At the current levels, the stock trades 10 per lower from its historic peak of Rs 2,858.15 hit on April 29, 2022
RIL reported a consolidated net profit of Rs 16,203 crore for Q4FY22, up 22.5 per cent over the year-ago period's Rs 13,227 crore but slightly short of expectations.
It is anticipated that the price of gas from old fields of state-owned ONGC will be hiked to about USD 9 per mmBtu and the cap for difficult fields will rise to double digits
Footfall recovery pace, net subscriber count key to its consumer biz
The facility is buying discounted cargoes of crude after self-sanctions on Russian fuels by some European Union companies pushed up margins.
Net profit goes past Rs 60,000 crore