Jio reports a 15.4% sequential increase in net profit at Rs 4,173 crore
The Boards of Directors of Mindtree and LTI approved the merger of both these independently listed IT services companies under the Larsen & Toubro Group.
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results.
In addition, the popular JioCinema OTT app will be transferred to Viacom18
Bets on new energy and oil-to-chemicals among reasons for the surge, say analysts
Bodhi Tree Systems, a platform promoted by Lupa Systems and Shankar, said it was investing Rs 13,500 crore in Viacom18
Reliance Industries Ltd andUS buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a media report said
Uday Shankar and Lupa Systems' Bodhi Tree to become major shareholder alongside Reliance and Paramount Global; Bodhi Tree to invest Rs 13,500 crore in Viacom18
The market heavyweight stock jumped 1.85 per cent to its record high of Rs 2,827.10 during the day on the BSE
According to the BSE data, RIL m-cap stood at Rs 19.02 trillion at 09:33 AM, with the stock up 1.3 per cent at Rs 2,811.85.
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
RIL derives over 60 per cent of its revenue and nearly 55 per cent of its operating profit from its oil-to-chemicals (O2C) business
TA'ZIZ is joint venture between Abu Dhabi National Oil Co (ADNOC) and sovereign wealth fund ADQ
The tactic is not new for Reliance. In 2020, Reliance Industries acquired 37.7% stake in textile manufacturer Alok Industries Ltd for Rs 250 cr.
The battle between Amazon and Reliance over Future Group took another twist when Reliance abandoned its plan to acquire the firm. What would this mean for the retail ambitions of Amazon and Reliance?
Future Supply Chain Solutions (down 20 per cent at Rs 37.30) and Future Lifestyle Fashions (down 20 per cent at Rs 29.40) also hit their respective all-time lows in intra-day trade on Monday.
Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA
Future Retail and Future Enterprises have huge debts and lenders have initiated bankruptcy proceedings against Future Retail
A majority of the secured creditors voted against the resolution.