Sensex, Nifty climb nearly 1%; Reliance Industries, ICICI Bank lead charge

Sensex, Nifty climb nearly 1%; Reliance Industries, ICICI Bank lead charge

From the Sensex pack, Sun Pharma, ITC, NTPC, Reliance Industries, Larsen & Toubro, Tata Steel, HCL Technologies and ICICI Bank were among the major gainers. From the Sensex pack, Sun Pharma, ITC, NTPC, Reliance Industries, Larsen & Toubro, Tata Steel, HCL Technologies and ICICI Bank were among the major gainers. Equity benchmark indices rallied nearly […]

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Mukesh Ambani says daughter Isha is leader of Reliance retail business

Mukesh Ambani says daughter Isha is leader of Reliance retail business

At Reliance Industries Ltd.’s 45th annual shareholders meeting, Mukesh Ambani introduces Isha Ambani Piramal as leader of retail business At Reliance Industries Ltd.’s 45th annual shareholders meeting, Mukesh Ambani introduces Isha Ambani Piramal as leader of retail business Billionaire Mukesh Ambani on August 29 introduced daughter Isha as leader of his conglomerate’s retail business as […]

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Reliance AGM 2022 Highlights: Jio 5G rollout starts by Diwali, JioMart partnership with WhatsApp

Reliance AGM 2022 Highlights: Jio 5G rollout starts by Diwali, JioMart partnership with WhatsApp

Reliance Industries Limited (RIL) hosted its annual general meeting (AGM) today and the 5G rollout date is now official for its Jio network. The company plans to roll out 5G in the metro cities of Delhi, Mumbai, Chennai and Kolkata by Diwali this year. It will expand this further by December 2023 and is aiming […]

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Reliance, Ola Electric, Rajesh Exports agree to build batteries in India

Reliance, Ola Electric, Rajesh Exports agree to build batteries in India

The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity Reliance Industries , Softbank Group-backed […]

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Reliance expects gas price to rise in October, wants removal of ceiling prices

Reliance expects gas price to rise in October, wants removal of ceiling prices

Reliance Industries Ltd. expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current $9.92 per […]

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Sensex falls 111 points; Reliance Industries tumbles over 7%

Sensex falls 111 points; Reliance Industries tumbles over 7%

Benchmark indices settled lower on Friday, with the Sensex declining 111 points on the back of a sharp fall in index heavyweight Reliance Industries. The BSE benchmark went lower by 111.01 points or 0.21% to settle at 52,907.93. During the day, it tanked 924.69 points or 1.74% to 52,094.25. The NSE Nifty dipped 28.20 points […]

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Market crash: Top 10 firms lose ₹3.91 lakh crore in market capitalisation; TCS, Reliance Industries biggest laggards

Market crash: Top 10 firms lose ₹3.91 lakh crore in market capitalisation; TCS, Reliance Industries biggest laggards

The market valuation of the top-10 most valued firms plunged by a whopping ₹3.91 lakh crore last week, in tandem with a steep sell-off in equities, with TCS and and Reliance Industries taking the biggest hit. Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%. […]

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ONGC reports highest net profit of ₹40,306 crore

ONGC reports highest net profit of ₹40,306 crore

ONGC becomes India’s second most profitable company behind Reliance Industries Ltd ONGC becomes India’s second most profitable company behind Reliance Industries Ltd On the back of the best-ever price it earned on crude oil it produces, state-owned Oil and Natural Gas Corporation (ONGC) reported a record net profit of ₹40,305 crore in the fiscal year […]

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Reliance to acquire dozens of brands in .5 billion consumer goods play

Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Reliance is in final stages of negotiations with around 30 popular niche local consumer brands to fully acquire them or form joint venture partnerships Reliance is in final stages of negotiations with around 30 popular niche local consumer brands to fully acquire them or form joint venture partnerships India’s biggest retailer Reliance will acquire dozens […]

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