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Tag: Reliance Industries

Markets climb in early trade on HDFC Bank, Reliance support

Posted on May 28, 2024 By admin
Markets climb in early trade on HDFC Bank, Reliance support

Investors and brokers of a Rajasthan-based financial services watch the stock prices on a digital screen. File | Photo Credit: ANI Benchmark equity indices climbed in early trade on Tuesday amid buying in HDFC Bank and Reliance Industries along with a positive monsoon forecast. The 30-share BSE Sensex climbed 194.9 points to 75,585.40 in early…

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Business

Disney, Reliance to merge India media operations to create ₹70,000-crore behemoth

Posted on February 28, 2024 By admin
Disney, Reliance to merge India media operations to create ₹70,000-crore behemoth

Reliance has agreed to invest around ₹11,500 crore in the joint venture to grow the OTT business. | Photo Credit: Reuters Walt Disney Co and Reliance Industries on February 28 announced signing of binding pacts to merge their media operations in India to create a ₹70,000 crore behemoth. Reliance and its affiliates will hold 63.16%…

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Business

Stock Market Today : State Bank of India and Reliance Industries Surge, Sensex Up 373 Points

Posted on February 7, 2024 By admin
Stock Market Today : State Bank of India and Reliance Industries Surge, Sensex Up 373 Points

Image for representational purposes only. | Photo Credit: The Hindu Equity benchmark indices climbed in early trade on February 7 amid buying in shares of State Bank of India and Reliance Industries along with firm trends in the U.S. markets. Fresh foreign fund inflows also added to the positive momentum in equities. Extending its previous…

Read More “Stock Market Today : State Bank of India and Reliance Industries Surge, Sensex Up 373 Points” »

Business

Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

Posted on October 15, 2023 By admin
Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer

Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…

Read More “Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer” »

Business

Markets continue to rally for 7th day running

Posted on September 11, 2023 By admin
Markets continue to rally for 7th day running

The bull statue at the Bombay Stock Exchange (BSE) building, in Mumbai, on July 13, 2023. Equity benchmark indices extended their rally for the seventh day running on September 11 as investors continued to remain optimistic about the domestic markets. | Photo Credit: PTI Equity benchmark indices extended their rally for the seventh day running…

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Business

Qatar Investment Authority To Invest Rs 8,278 Crore In Reliance Retail

Posted on August 23, 2023 By admin
Qatar Investment Authority To Invest Rs 8,278 Crore In Reliance Retail

Qatar Investment Authority will invest Rs 8,278 crore in Reliance Retail. New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL). “This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore,”…

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Business

Jio Financial Services Hit 5% Lower Circuit On Its Maiden Trading Day

Posted on August 21, 2023 By admin
Jio Financial Services Hit 5% Lower Circuit On Its Maiden Trading Day

BSE said that the scrip will be in the trade-for-trade segment for 10 trading days. Jio Financial Services, the demerged financial services unit of Reliance Industries, had a volatile market debut on Monday. Shares of Jio Financial Services hit the lower circuit after slipping 5 per cent to a low of Rs 248.90 apiece. On…

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