Meanwhile, the company has issued a clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited
Shares of Reliance Industries Ltd on Monday declined 4 per cent amid profit-taking in line with an overall weak trend in the equity market.
The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around $10 per million British thermal units
The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491
The government has asked public sector undertakings to declare the market value of their land. More on that in top headlines.
Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.
Major rerating, however, will depend on multiple triggers playing out
Reliance Industries Ltd on Friday reported a consolidated net profit of Rs 18,549 crore in the quarter ended December 2021
Retail business quarterly revenue crosses Rs 50,000 cr
All-time high revenues across all consumption baskets
Reliance Jio Infocomm's net profit rose 10% to Rs 3,615 crore in Q3FY22
Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.
Bandhan Bank, HDFC Life, Hindustan Zinc, Voda Idea, Inox Leisure, JSW Steel, Kajaria Ceramics, L&T Fin Holdings, PVR, Reliance Industries, SBI Life and Supriya Lifescience to announce results today
The company's retail business is expected to witness a strong Ebitda mainly because of increased revenue, said brokerages
After two straight days of bear hammering, equity markets may stabilize today. A sharp move on either side could be triggered by the earnings report card of index heavyweight Reliance Industries
The e-commerce giant's long drawn-out saga with Future Retail raises two questions for prospective investors, or those who already have business interests in India.
Reliance Retail had acquired about 55 per cent stake in robotics firm Addverb Technologies in July 2021, Indian conglomerate Reliance Industries Limited said in a filing on Wednesday. Addverb Technologies co-founder and CEO Sangeet Kumar has told PTI that Reliance Retail has invested USD 132 million (about Rs 983 crore) in the company and will hold around 54 per cent stake in the robotics start-up. "Reliance Retail Ventures Limited (RRVL) had acquired approximately 55 per cent stake in Addverb Technologies Private Limited (Addverb) in July 2021," RIL said in the filing. Kumar had said Reliance was already one of Addverb's clients, with whom the company had co-created and delivered highly automated warehouses for their Jio-Mart grocery business. The comfort level and the trust factor were already in place, which led to the association between the two firms, he said. The strategic partnership with Reliance Retail will help Addverb Technologies leverage 5G, battery technology through
Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday
Strategic tie-up to help Reliance scale up automation across its businesses
Business Standard brings you the top headlines on Tuesday