Tag: RIL

Sensex drops 308 points ahead of RBI policy decision; RIL, HDFC Bank major drags

August 5, 2025 admin

Benchmark stock indices Sensex and Nifty closed lower on Tuesday (August 5, 2025) following selling in oil, gas and banking shares ahead of the Reserve Bank’s monetary policy announcement on August 6. The 30-share BSE Sensex fell by 308.47 points or 0.38% to close at 80,710.25. During the day, it declined 464.32 points or 0.57%…

Business

RIL to acquire additional 13% stake in Viacom 18 from Paramount Global

March 14, 2024 admin

A man walks past a Reliance Industries Limited signboard in Gandhinagar. | Photo Credit: REUTERS The Reliance Industries Ltd. on Thursday, March 14, 2024, informed stock exchanges that it had agreed to acquire 13.01% equity stake (on a fully diluted basis) of Viacom 18 Media Private Ltd. from two subsidiaries of Paramount Global for an…

Business

Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

August 28, 2023 admin

Reliance Industries chairman Mukesh Ambani Chairman poses with (from 2nd R to L) wife Nita Ambani, children Isha Ambani, Anant Ambani, and Akash Ambani. File | Photo Credit: Reuters The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on August 28 on the recommendation of the Human Resources, Nomination and Remuneration…

Business