Page 10 - Reliance Industries
Eight of 10 most valued firms add Rs 2.34 trn in m-cap; RIL biggest gainer
HDFC Bank's valuation dipped by Rs 2,854.33 crore to Rs 8,56,439.28 crore this week.
 "Eight of 10 most valued firms add Rs 2.34 trn in m-cap; RIL biggest gainer")
RIL, M&M bid for incentives under govt's Rs 18k-cr battery scheme: Report
India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic supply chain for clean transport and build storage for RE
 "RIL, M&M bid for incentives under govt's Rs 18k-cr battery scheme: Report")
Top headlines: RIL to invest Rs 5.9 trn in Gujarat; BPCL gets a price tag
Business Standard brings you the top headlines on Thursday
 "Top headlines: RIL to invest Rs 5.9 trn in Gujarat; BPCL gets a price tag")
Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp
HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.
 "Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp")
RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects
The MoU entails an investment of Rs 5 trn in Gujarat over the next 10-15 years for setting up a 100 Gw Renewable Energy Power Plant and Green Hydrogen Eco-System
 "RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects")
Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys
Realty index surges over 3%; Wipro reports Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1; Infosys Q3 PAT rises 12% to Rs 5,809 cr, raises FY22 revenue guidance
 "Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys")
How Amazon-Reliance battle for retail supremacy became a legal jungle
For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets
 "How Amazon-Reliance battle for retail supremacy became a legal jungle")
Reliance Industries should consider de-merger to unlock value
Over the past four years, Reliance Industries has invested $5.7 bn across verticals, with $2 bn in 2021 alone. As the investments becomes enormous, analysts say RIL should considers a de-merger now
 "Reliance Industries should consider de-merger to unlock value")
TMS Ep83: Traditional distributors, silver, RIL, Economic Survey
How are traditional distributors competing with big brands? Can investors benefit by putting money in silver? Should Reliance Industries go for de-merger? What is Economic Survey? All answers here
 "TMS Ep83: Traditional distributors, silver, RIL, Economic Survey")
Sensex zooms 651 pts; Nifty above 18,000; all sectors end in the green
In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.
 "Sensex zooms 651 pts; Nifty above 18,000; all sectors end in the green")
Top headlines: Health infra on test, INS Vikrant closer to commissioning
Reliance joins top league of PE players with bold bets. More in today's top headlines
 "Top headlines: Health infra on test, INS Vikrant closer to commissioning")
Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn
Company says the acquisition will help the group increase its consumer and hospitality footprint.
 "Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn")
RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang
Renew Power, Shriram have queued up to raise dollar bonds after RIL raises $4 bn in India's largest-ever foreign currency bonds issue
 "RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang")
Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%
Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent
 "Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%")
Stocks to Watch: RIL, Wockhardt, IDBI Bk, SJVN, Titan, DMart, FMCG, Pharma
Pharma shares may be in focus as India's apex health research organization ICMR has raised concerns around the safety for use of the oral antiviral drug Molnupiravir
 "Stocks to Watch: RIL, Wockhardt, IDBI Bk, SJVN, Titan, DMart, FMCG, Pharma")
Reliance raises $4 bn via foreign currency bonds at finest rate
India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022
Reliance raises $4 bn in India's largest-ever foreign currency bonds issue
'The issue was nearly 3 times oversubscribed with a peak order book aggregating $11.5 bn and was priced through RIL's secondary curve,' a company statement said
 "Reliance raises $4 bn in India's largest-ever foreign currency bonds issue")
SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute
The tribunal is adjudicating Amazon's objections to Future Retail's Rs 24,500-crore deal with Reliance
 "SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute")
Stocks to Watch: RIL, Airtel, HUL, SBI, DB Realty, pharma, steel, textiles
Reliance Jio plans its biggest ever rupee bond sale, while Bharti Airtel shelves its plans to de-merge its core telecom business
 "Stocks to Watch: RIL, Airtel, HUL, SBI, DB Realty, pharma, steel, textiles")
Mukesh Ambani's succession plan needs three superstar businesses
Having the family jointly oversee the whole may be a superior option to dividing up oil refining and petrochemicals, telecom and retail assets.
 "Mukesh Ambani's succession plan needs three superstar businesses")
