Page 46 - Reliance Industries
At $200-billion market capitalisation, Reliance Industries isn't like FAANG
Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone
 "At $200-billion market capitalisation, Reliance Industries isn't like FAANG")
Reliance's dream run in the market has equity mutual funds worried
Money managers can't buy more of India's most valuable company as actively-run plans aren't allowed to own more than 10% of a single stock
 "Reliance's dream run in the market has equity mutual funds worried")
For big tech, all roads to India's digital space seem to go through Ambani
The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses he inherited from his father
 "For big tech, all roads to India's digital space seem to go through Ambani")
Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries
In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business
 "Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries")
Indices end flat, Nifty settles at 11,464; mid, small-caps outperform
All that happened in the markets today
 "Indices end flat, Nifty settles at 11,464; mid, small-caps outperform")
Can Reliance Industries' stock hit Rs 3,000 mark? Here's what charts say
As per the weekly chart, the counter looks highly bullish till Rs 2000 level is defended. It also indicates a substantial rally is likely to emerge once the counter crosses a minor hurdle of Rs 2,520
 "Can Reliance Industries' stock hit Rs 3,000 mark? Here's what charts say")
Analysts positive on retail sector post Reliance Retail-Silver Lake deal
With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward
 "Analysts positive on retail sector post Reliance Retail-Silver Lake deal")
Heavyweight play lifts indices: Sensex up 646 pts, Nifty ends above 11,400
Amazon deal, rally in US bourses propel Indian markets to log biggest gains since August 4
 "Heavyweight play lifts indices: Sensex up 646 pts, Nifty ends above 11,400")
Reliance to offer $20-bn stake in retail business to Amazon: Report
Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg
 "Reliance to offer $20-bn stake in retail business to Amazon: Report")
New hiring at RIL starts tapering, standalone employee count declines
According to data RIL collates on its website, the company's number of employees in FY20 at a standalone level declined 9 per cent year-on-year
 "New hiring at RIL starts tapering, standalone employee count declines")
Reliance Industries becomes first Indian firm to top $200 bn market cap
TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion
 "Reliance Industries becomes first Indian firm to top $200 bn market cap")
Reliance said to offer 40% stake in retail unit to Amazon for $20 bn
Reliance Industries Ltd is reported to have offered a 40 per cent stake in its retail arm worth about $20 billion to Amazon.com, Inc
Reliance Industries shares up 8.5%; market valuation touches nearly $200 bn
Continuing its rally, shares of Reliance Industries Ltd on Thursday zoomed 8.5 per cent and the company's market valuation rose to $199.64 billion in late afternoon trade
Stake sale in retail arm to help RIL to pursue growth initiatives: Analysts
RIL stake sale in retail arm will enable it to pursue other growth initiatives while maintaining zero net debt status and also help solidify its position in the market, global rating agencies said
Top headlines: RIL offers Amazon stake in retail arm, SC relief on NPAs
From Reliance reportedly in talks to sell stake in retail to Amazon, IAF inducting Rafales to Serum Institute pausing Covid vaccine trial, Business Standard brings you top news of the evening
 "Top headlines: RIL offers Amazon stake in retail arm, SC relief on NPAs")
Reliance Industries hits record high; m-cap crosses Rs 15 trillion mark
The stock has gained 10 per cent in the past two trading days after Silver Lake on Wednesday agreed to invest Rs 7,500 crore ($1 billion) into Reliance Retail Ventures (RRVL).
 "Reliance Industries hits record high; m-cap crosses Rs 15 trillion mark")
MARKET: Sensex ends 646 pts higher as RIL jumps 7%; Nifty settles at 11,449
All that happened in the markets today
 "MARKET: Sensex ends 646 pts higher as RIL jumps 7%; Nifty settles at 11,449")
Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report
The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business
 "Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report")
Reliance Industries: Retail valuations may cap near term upsides for stock
The investment for a 1.75 per cent equity stake values the retail business at Rs 4.21 trillion
 "Reliance Industries: Retail valuations may cap near term upsides for stock")
Spike in sovereign wealth funds' Indian market holding belies sell-off buzz
Holdings in Indian equities are higher now than before the pandemic took hold
 "Spike in sovereign wealth funds' Indian market holding belies sell-off buzz")
