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India’s Reliance Industries KG-D6’s control and raiser platform is seen off the Bay of Bengal in this undated handout photo. India’s Reliance Industries Ltd resumed crude oil production from its east coast MA-1 field on March 8 following an emergency shutdown in December, Upstream Regulator V.K. Sibal said on March 12, 2009. | Photo Credit:…
Starlink is seeking security clearance for a licence to offer satellite broadband services in India Billionaire Mukesh Ambani’s Reliance has asked the telecom regulator to review the potential reach of Elon Musk’s Starlink and Amazon’s Kuiper before awarding satellite spectrum amid concerns local players could suffer, a letter showed on Friday. Reliance’s letter, which is…
Read More “Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report” »
Starlink is seeking security clearance for a licence to offer satellite broadband services in India Billionaire Mukesh Ambani’s Reliance has asked the telecom regulator to review the potential reach of Elon Musk’s Starlink and Amazon’s Kuiper before awarding satellite spectrum amid concerns local players could suffer, a letter showed on Friday. Reliance’s letter, which is…
Read More “Reliance Asks Telecom Regulator To Review Reach Of Starlink, Amazon: Report” »
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown. Shares of the refining-to-retail conglomerate led by billionaire Mukesh Ambani have barely risen this year, trailing the benchmark NSE Nifty 50 Index by the widest…
Read More “Reliance’s $50 Billion Wipeout Shows Toll of Weak Earnings” »
The 30-share BSE Sensex jumped 349.05 points or 0.43% to settle at an all-time closing high of 82,134.61, extending its winning momentum to the eighth day in a row. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty hit their all-time high levels on Thursday (August 29, 2024), driven by a rally in…
Read More “Sensex, Nifty hit all-time high levels on rally in Reliance, Tata Motors shares” »
If it closes, the Reliance-Disney deal will reshape India’s $28 billion entertainment market. New Delhi: India’s antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters. Antitrust…
Read More “$8.5 Billion Reliance-Disney Merger Faces 100 Antitrust Queries: Report” »
The BSE Sensex recorded the best monthly gain in June by climbing 7.14%. The Sensex breached the historic 79,000 mark on June 27. | Photo Credit: Reuters Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a…
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…
File picture of Reliance Industries chairman Mukesh Ambani | Photo Credit: Reuters Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking ₹400 crore, police said on Tuesday. Ambani’s company received the email on Monday. It is the third threat email sent to Ambani in four days, an official said….
Read More “Mukesh Ambani receives 3rd threat email with ₹400 crore demand” »
Superdry’s shares jumped 18% to a near two-month high on Wednesday. Bengaluru: Reliance Retail, India’s largest retailer, will buy UK-based Superdry’s licenses and brand assets in three Asian countries for 40 million pounds ($48 million), expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds. Superdry’s shares jumped 18% to…