The Supreme Court has not stopped Future Group and Reliance Industries from working towards a deal.
Analysts advice investors to make switch to fully-paid shares
While Mukesh Ambani-led RIL posted a 108 per cent year-on-year (YoY) rise in profit after tax for the fourth quarter of FY21 at Rs 13,227 crore, it fell short of Bloomberg estimates of Rs 13,704 crore
A firm breakout above this level may see an upside towards Rs 2,200 levels
The company's oil and gas production is hinging on output at its satellite fields. It is minuscule compared to its big-bang entry into this segment in the late 1990s
On a weekly basis, both the frontline indices snapped their 3-week losing streak and added around 2 per cent higher each
Reliance Industries has now become the country's largest producer of medical grade liquid oxygen from a single location
Company beats the Street on top line and Ebitda
On a sequential basis, it was a weak show with a fall in ARPU, flat profit growth
The oil-to-telecom conglomerate's revenue from operations rose 11 per cent to Rs 1.54 trillion as compared to Rs 1.39 trillion in the year-ago period
Company to acquire 64.3 per cent stake in Supermarket Grocery
Reliance Industries Ltd, owner of the world's biggest oil refinery, has been dancing the quadrille with Saudi Aramco for nearly two years
Among key sectoral indices, robust global demand lifted the Nifty Metal index to record peak of 4,869 on the NSE today
Reliance Industries, a business that's flush with cash and sees its future in technology and zero-carbon chemicals, doesn't really need what Saudi Aramco is offering
According to a report by Financial Times, RIL has held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm
Reliance is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm
The firm will set up the hospital with oxygen facility at Jamnagar in Gujarat's Saurashtra region where it operates the world's largest crude oil refinery
On consolidated basis, last year's low base expected to aid sharp jump in net profit
The 205-million share offering (11.61% equity stake) attracted bids for 279 million shares with both retail and non-retail portion getting oversubscribed
The second of the three deep-water gas developments, planned jointly, was expected to start production in mid-2021