Page 63 - Reliance Industries

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier

RIL projects lift industrial investments to record high at Rs 17.9 trillion

Mukesh Ambani's 18 big-ticket chemical projects help domestic industrial investment rise by 15.4 trn in 2019

From RIL to ICICI Bank, here're the stocks that brought Sensex down

Reliance Industries, HDFC Bank, and ICICI Bank have been the biggest drag on the index performance, given their high weightage

Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia

After coronavirus, it's a crude shock: Markets see worst rout in 5 years

The Indian markets suffered their worst single-day rout in five years, with the benchmark indices falling 1,942 points and the rupee breaching 74 against the dollar.

Bloodbath on Dalal Street today: 8 things investors must know

Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets

RIL, Nayara Energy plan to wind down Venezuelan oil buys in April

India accounted for about a third of Venezuela's oil shipments in January

Coronavirus isn't a bottom fishing opportunity, poses big risk to India Inc

Experts say it's tough to claim that equities have fully priced in its impact on India Inc's earnings

Brookfield-RIL InvIT likely to raise more debt to attract investors

Tower Infrastructure Trust, set up by Brookfield and RIL, had filed its prospectus just a few days before the Budget was announced

Satya Nadella, Mukesh Ambani talk changing landscapes of digital India

72 per cent software jobs are outside tech industry, said Nadella

Reliance rejig of media business makes Sony merger less likely, say experts

Reliance Industries' move to consolidate its media and distribution businesses under one entity Network18 Media & Investments will create a cleaner structure and make the merger of entertainment channels with Sony less likely, experts said. Earlier this week, the company said it will merge its TV18 Broadcast business with Network18, and maintain the cable and broadband businesses of Hathway Cable & Datacom and Den Networks, which it bought in 2018, as separate wholly-owned subsidiaries of Network18. Network18's portfolio includes Nickelodeon, MTV, and CNBC TV18, among others. "From RIL's perspective, this creates a cleaner structure and is easier to manage (as it reduces listed entities)," BofA Securities said in a report Friday. In a separate report, CLSA said the rejig will make a deal with Sony for merger of entertainment channels less likely as the news broadcasting sector has a restriction of 26 per cent foreign ownership. Between content and distribution, BofA considered

Gauging impact of US sanctions on Rosneft unit: Reliance Industries

Reliance, the operator of the world's biggest refining complex, said its purchases of Venezuela crude oil are reported to and permitted by the US government.

Benchmark indices snap four-session losing streak on China fillip

Gains in index heavyweights such as Reliance Industries and HDFC helped domestic indices post their biggest jump in two weeks

RIL's media biz consolidation a blockbuster move for shareholders

In addition to synergy gains, strategic partner could add to digital offerings

Hathway Cable, TV18 Broadcast surge 20% as RIL to consolidate media biz

For every 100 shares of TV18, Hathway, and Den, their shareholders would get 92, 78, and 191 shares of Network18

Market Ahead, February 18: All you need to know before the Opening Bell

Reliance Industries has said it is consolidating its media and distribution business spread including TV18 Broadcast, Hathway Cable & Datacom, DEN Networks into Network18

Fund managers bought Bharti Airtel, sold Reliance Industries in January

Large-cap holdings of equity MFs saw significant churn at the start of the new calendar year. Fund managers upped their wager on Bharti Airtel

RIL, TCS lead as eight of top-10 companies add over Rs 1 trillion in m-cap

RIL's valuation zoomed Rs 33,534.56 crore to reach Rs 9,42,422.58 crore

Shell, RIL win in English HC against govt in PMT oil, gas field dispute

The two firms had gone to the English High Court against the 2016 partial award

Market Ahead, February 11: All you need to know before the Opening Bell

A total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today