Unlike their public-sector counterparts, private players export a large portion of their output to Europe and Asia at lucrative prices
Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.
With modern organised retail growing at a fast pace, there is a need for regulatory reforms in the sector, moving from store-based licensing to entity-based unified licensing, Reliance Retail President Ravi Gandhi said on Wednesday. There is also a need for moving towards post-license inspections from pre-license inspections in order to speed up store openings, he said, while speaking at the 'MASSMERIZE 2025' event organised by industry chamber Ficci. "Today, all the laws (related to the retail sector) in the country are designed for individual stores. All licenses are individual store-based," he said. With a lot of organised retailers coming up, instead of store-based licenses, a shift to a unified entity-based license will enhance ease of doing business, Gandhi added. He also noted that there is a need to re-examine the inspection requirements. There are numerous documentation and inspection requirements when applying for a license, he noted. Stating that the pre-inspection tak
There is a potential for upside to Reliance Industries Ltd provided it operates at lower leverage and strengthens non-energy revenue streams, S&P Global Ratings said on Tuesday. S&P had last week raised the issuer credit ratings of Reliance as well as companies such as Oil and Natural Gas Corp (ONGC), NTPC and Tata Power to 'BBB' from 'BBB-' following upgrade in India's sovereign rating to 'BBB/A-2' from 'BBB-/A-3' on economic resilience and sustained fiscal consolidation. "There is a potential for upside in RIL's rating. It is at 'BBB+'... This (rating going up by a notch) would require stand alone credit profile to improve. For this, what we have said we need a continuation of the company to operate at a lower leverage, and will likely need a strengthening on the business side particularly contribution from non-energy revenues because these are less volatile," said Neel Gopalakrishnan, credit analyst, S&P Global Ratings, on Tuesday. A combination of these factors could ..
Reliance Industries (RIL) shares rose 2.3 per cent on Tuesday, logging an intra-day high at ₹1,413 per share on BSE; here's why
Reliance Consumer Products has acquired a majority stake in Naturedge Beverages to form a JV focused on herbal-natural functional drinks, led by flagship brand Shunya
Collectively worth Rs 137 trillion, the businesses of the top 300 families on the list generated Rs 7,820 crore in value every single day
The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking the biggest hit, following a bearish trend in equities. Extending losing streak for the sixth consecutive week, the BSE benchmark dropped 742.12 points or 0.92 per cent, and the NSE Nifty declined 202.05 points or 0.82 per cent. From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Hindustan Unilever faced erosion in their valuations while Tata Consultancy Services (TCS), State Bank of India, Life Insurance Corporation of India (LIC) and Bajaj Finance were the gainers. The valuation of Reliance Industries tumbled Rs 34,710.8 crore to Rs 18,51,174.59 crore. HDFC Bank's market capitalisation (mcap) tanked Rs 29,722.04 crore to Rs 15,14,303.58 crore. The mcap of ICICI Bank fell by Rs 24,719.45 crore to Rs 10,25,495.69 crore, and that of Infosys dropped by Rs 19,504.31 crore to Rs 5,91,423.02 crore. The valuati
India's biggest buyer, Reliance, operates the world's largest refining complex at Jamnagar in Gujarat where it can process about 1.4 million barrels per day (bpd)
Here is the complete list of stocks that will trade ex-dividend next week, along with their announcement details and record dates
Firm identifies quartet of risks to watch through FY26 in its annual report
Reliance says India's retail sector is poised for sustained growth, backed by tech, rural demand, and income gains, while citing challenges in rentals and manpower
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential. In 2024-25 (FY25), he got 'nil' as salary, allowances, and perquisites as well as retiral benefits, according to the latest annual report of the company. However, dividend income seems to be the source of earnings for the world's 18th richest person with a net worth of just under USD 100 billion. He directly holds 1.61 crore shares in Reliance, earning Rs 8.85 crore in dividend income based on the Rs 5.50 per share dividend declared by the company for FY25. The promoter group firms that he controls,
Trump Tariff Impact: The US has imposed a 25 per cent penalty via executive order, which takes the total tariff burden to 50 per cent on select Indian goods.
The Nifty Oil & Gas index is seen testing the 200-DMA support on charts; break below the same could weigh on the sentiment at Reliance, ONGC and Oil marketing companies counters.
US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine
Flush with parent backing and top credit ratings, India's largest NBFCs are raising record sums without chasing bank licences, as they prepare for a fresh wave of private sector credit demand
The aggregate earnings of the 184 companies in MOFSL's coverage rose 7 per cent year-on-year (Y-o-Y) in Q1FY26, matching the brokerage's estimates.
Mukesh Ambani-led Reliance Industries, India's largest company by market capitalisation, dropped 2 per cent, contributing significantly to the sector's weakness
Ambani family's ₹10,000 crore capital infusion into Jio Financial bypasses RIL. Here's what it signals for strategy, control, and the future of the group's NBFC play