Ambani's deeply discounted offerings were prompting more stores to order their digitally from his JioMart Partner app, posing an existential threat to more than 450,000 company salesmen
Company's deeply discounted offerings were prompting more stores to order their digitally from JioMart Partner app, posing an existential threat to more than 450,000 company salesmen.
Ambani, who owns Reliance Jio, India's largest mobile service provider, also lent support to blockchain and real time tech to improve financial access
The move comes 19 months after Meta Platforms Inc., previously known as Facebook Inc., invested nearly $6 billion into Reliance's Jio Platforms unit
RIL and Kotak Bank power 153-point Sensex rally; Nifty holds 17,050; Brokerages bullish on RIL stock after Jio hikes tariff by 21%
The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively
Reliance might make an unsolicited offer to buy into BT or try to get a controlling share, a news report said earlier on Monday
Billionaire Mukesh Ambani's Reliance might make an unsolicited offer to buy into BT or try to get a controlling share, a media report said
Reliance might make an unsolicited offer to buy into the group or will try to get a controlling share, says Economic Times
FMCG stocks are likely to be in focus on the back of price hike announced, while airline shares too may be on investor's radar following the fresh world-wide Coivd-19 scare
The e-commerce firm has said the CCI Approval for the Impugned Transaction was "illegally obtained" and is a nullity in the eyes of law
The approval for the deal was a "nullity in the eyes of law" as an arbitrator's order was still in force, according to the letter sent by Amazon.com Inc to the CCI
Reversing the previous session's losses, the 30-share index ended 454.10 points or 0.78 per cent higher at 58,795.09
Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains. The market heavyweight stock jumped 6.10 per cent to close at Rs 2,494.40 on BSE. During the day, it zoomed 6.46 per cent to Rs 2,502.80. On NSE, it gained 6.36 per cent to close at Rs 2,501. It was the biggest gainer on both the benchmark indices. In volume terms, 4.77 lakh shares were traded on BSE and over 1.95 crore on NSE. The BSE 30-share benchmark index jumped 454.10 points or 0.78 per cent to close at 58,795.09, helped by rally in Reliance Industries shares.
The refinery off-gases produced from this project earlier served as fuel
Talks broke down over how much Reliance's O2C business should be valued as the world seeks to move away from fossil fuels and reduce emissions, say sources
RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's
Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions
RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary
Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)