India's digital services tax runs into opposition from America's biggest tech companies.
Reliance Industries, Larsen & Toubro Infotech and Dr Lal Pathlabs from S&P BSE500 index hit record highs today.
This was following a sharp rally in fully- as well as partly-paid up shares of the firm
According to the Bloomberg's Billionaires Index, daily ranking of the world's richest people, Jeff Bezos's wealth soars to record $171.6 billion
Moody's Investors Service has rated Tata Consultancy Services, Infosys and Reliance Industries above the sovereign for their strong financials and significant global earnings
Here's a timeline of Reliance Jio Platforms' six mega investment deals with foreign players and one additional commitment announced since April 22, 2020
RIL has started to hive off its oil-to-chemicals entity which comprises of its twin oil refineries at Jamnagar in Gujarat as well as petrochemical units
Jio Platforms has now announced a combined investment of Rs 104,326.95 crore in 10 deals since April 22
Gains in European, US futures help index stage a comeback
From places of worships hotels reopening to RIL set to sell 1.16% in Jio to Abu Dhabi Investment Authority, here are top headlines this morning
With this investment, Jio Platforms has raised Rs 97,885.65 cr from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala and ADIA.
Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology platform focused on providing high-quality and affordable digital services across India
This brings the aggregate investment by Silver Lake and its co-investors to Rs 10,202.55 crore
In addition, he has been permitted to convert the physical share certificates held by him into the Demat form within three months
The rights issue closes on June 3. Shares of RIL closed at Rs 1,520 on Monday
Price fixed at Rs 1,257, a discount of 17.3% to the last closing
Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market
In comparison PSU refiners were able to achieve 60%; RIL's oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports
The company expects net proceeds of Rs 53,036.13 crore from the rights issue that opens on May 20 and closes on June 3
First issue since introduction of trading platform that allows eligible shareholders to sell their entitlement