Page 77 - Reliance Industries
SankhyaSutra unveils 'Made in India' software for aircraft design
Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore
 "SankhyaSutra unveils 'Made in India' software for aircraft design")
Stocks to Watch: Vedanta, HeroMoto, Delta Corp, Zee Ent, RIL, Eicher Motor
Stocks to Watch today: Vedanta will be in focus as the company said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.
 "Stocks to Watch: Vedanta, HeroMoto, Delta Corp, Zee Ent, RIL, Eicher Motor")
RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%
CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers
 "RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%")
Stocks to watch: RIL, Adani Green, Tata Motors, M&M, Delhivery, LIC, ONGC
Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark
 "Stocks to watch: RIL, Adani Green, Tata Motors, M&M, Delhivery, LIC, ONGC")
Top Headlines: Final race for Metro AG; govt's bid for IDBI sale, and more
The Centre is looking to woo top global investors for the sale of its stake in IDBI Bank as a team of senior government officials visits the US this week. Read more in our top headlines
 "Top Headlines: Final race for Metro AG; govt's bid for IDBI sale, and more")
Reliance spends Rs 1,185 cr on corporate social responsibility in FY22
Reliance Industries Ltd spent a record Rs 1,184.93 crore in fiscal year ended March 31 on corporate social responsibility (CSR) initiatives
 "Reliance spends Rs 1,185 cr on corporate social responsibility in FY22")
Reliance Industries contributes Rs 1,185 cr towards CSR initiatives in FY22
The CSR initiatives were spearheaded by Reliance Foundation, the philanthropic arm of Reliance Industries, led by Founder and Chairperson of the foundation Nita M. Ambani
 "Reliance Industries contributes Rs 1,185 cr towards CSR initiatives in FY22")
Adani Group companies' sky-high valuations unfazed by market correction
Group's stocks trading at a P/E of 105.3x
 "Adani Group companies' sky-high valuations unfazed by market correction")
Petrol under-recovery at Rs 13, diesel Rs 24; RIL-BP says ops unsustainable
Two sources aware of the matter said Reliance BP Mobility Ltd contends that PSU oil marketing companies control over 90% of the market and are the price-setters
 "Petrol under-recovery at Rs 13, diesel Rs 24; RIL-BP says ops unsustainable")
Mcap of 3 of top-five valued firms jumps Rs 1.78 trn; Reliance lead gainer
In the ranking of top-five valued firms, Reliance Industries was leading the chart, followed by Tata Consultancy Services, HDFC Bank, Infosys and Hindustan Unilever.
 "Mcap of 3 of top-five valued firms jumps Rs 1.78 trn; Reliance lead gainer")
Piyush Goyal to lead Indian delegation at World Economic Forum, Davos
Post Davos, the Commerce and Industry Minister will travel to UK for trade talks
 "Piyush Goyal to lead Indian delegation at World Economic Forum, Davos")
Markets post best daily gains in three months; Sensex, Nifty soar nearly 3%
China rate cut helps improve sentiment
 "Markets post best daily gains in three months; Sensex, Nifty soar nearly 3%")
RIL to submit bid for British medical retail chain Boots by month-end
In final bids for Boots, billionaires, and owner of UK's retail ASDA Group, Issa Brothers, are in the race with TDR Capital, a British private equity firm, and will be the front-runners.
 "RIL to submit bid for British medical retail chain Boots by month-end")
Asian companies to ramp up petrol exports to US as sky-high prices beckon
JPMorgan Chase & Co forecast this week that American gasoline could surge to as high as $6.20 a gallon by August
 "Asian companies to ramp up petrol exports to US as sky-high prices beckon")
Tata Consumer in acquisition talks with at least five consumer brands
Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd
 "Tata Consumer in acquisition talks with at least five consumer brands")
Mukesh Ambani and Gautam Adani reap windfall from surging oil, coal prices
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
 "Mukesh Ambani and Gautam Adani reap windfall from surging oil, coal prices")
Top headlines: Serum halts vaccine trial; steel companies reorient strategy
From Silver Lake buying stake in Reliance Retail to Serum Institute halting trial of Oxford vaccine, here are the top headline of the day
 "Top headlines: Serum halts vaccine trial; steel companies reorient strategy")
Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs
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.
 "Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs")
M-cap of eight biggest firms falls over Rs 2.48 trn; Reliance biggest drag
The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.
 "M-cap of eight biggest firms falls over Rs 2.48 trn; Reliance biggest drag")
Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal resigns
Last week, Future Retail's Managing Director Rakesh Biyani stepped down, while officials including the company secretary of the debt-ridden firm tendered resignation
 "Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal resigns")