Page 9 - Reliance Group

Reliance Industries may reverse feeble stock showing on strong outlook

Major rerating, however, will depend on multiple triggers playing out

Jio Platforms net profit rises 8.8% to Rs 3,795 crore in Dec quarter

The company had posted a net profit of Rs 3,486 crore in the same period a year ago

Building an empire: Reliance joins top league of PE players with bold bets

Spends $5.7 bn on stakes and acquisitions in four years; $9 bn if Future deal cleared

Reliance General Insurance to soon launch nine sandbox approved products

The Reliance General Insurance Company said on Tuesday that it will soon come out with nine sandbox products to meet evolving consumer needs

This Reliance Group stock has surged 62% in 2 weeks, hit over a 11-yr high

Reliance Industrial Infrastructure rallied 19% to Rs 993.50 on the BSE,trading at its highest level since July 2010.

Delay in getting strategic investor a concern for Rel Gen: Brickworks

RGICL faces competition from the private as well as public sector general insurance companies in India

Reliance group firm to acquire 49.1 mn shares of Sterling & Wilson Solar

Reliance New Energy Solar will acquire the shares for over Rs 1,840 crore

Reliance General Insurance Q2 net profit rises 18% to Rs 73 crore

Reliance General Insurance Company Ltd (RGI) on Wednesday reported an 18 per cent rise in net profit at Rs 73.34 crore for the quarter ended September 2021. The insurer had posted a net profit of Rs 62.19 crore in the same quarter a year ago. However, the profit was down sequentially from Rs 75.78 crore in the June 2021 quarter. Total income of the company rose to Rs 199.70 crore during July-September period of FY22, as against Rs 193.22 crore in the year-ago quarter, RGI said in a regulatory filing. Final dividend of Rs 0.04 per equity share for FY21 has been accounted for during the September 2021 quarter, it added. The company further said its board of directors during its meeting on Wednesday noted the resignation, dated September 14, 2021, of Mohan Khandekar as the company secretary and chief compliance officer. He will be serving his notice period, it added.

Amazon vs Future: Relief for Biyani as SC stays proceedings in $3.4 bn deal

Three judge-bench led by CJI asks NCLT, CCI and Sebi not to pass any final order in relation to the dispute for four weeks

Reliance Infra raises Rs 550.56 cr via preferential allotment of securities

Reliance Infrastructure had earlier said the funds would be utilised for long-term resources for general corporate purposes, to fund future growth and also to reduce debt.

Anil Ambani-led group's market cap rises 1,000% to nearly Rs 8,000 cr

The market capitalization of Anil Ambani led Reliance Group has surged by over 1,000 per cent in less than 3 months.

Mukesh Ambani says Reliance now has strong balance sheet to support growth

Mukesh Ambani says RIL now has strong balance sheet with High liquidity to support growth plans of Jio, retail and oil-to-chemical businesses

Reliance BP Mobility to provide free fuel to coronavirus ambulances

Reliance BP Mobility Ltd, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on Covid-19 duty, a company statement said on Tuesday

Second Covid-19 wave: India Inc steps in as govt falters on health care

Amid a massive surge in Covid patients, companies are coming forward with several innovative initiatives to help people

Adani group combined market cap tops $100 billion

Currently, only Tata group, HDFC group and Mukesh Ambani-led Reliance group have higher market cap at the group level

PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA

Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020

Thanks to Reliance, Deal Street grows 7% in value to $80 bn in 2020: Report

Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according to a report. More than a third of the total deal came through Reliance -- into Jio Platforms and Reliance Retail, according to the data collated by PwC India. While Reliance Jio attracted FDI worth USD 10.2 billion led by Facebook, Reliance Retail also got billions in foreign direct investment (FDI) in the second half. All other FDIs put together totalled just USD 3.2 billion. Merger and acquisitions (M&As) accounted for over 50 per cent of the total deal value this year, while private equity (PE) activity kept pace with last year, recording investments worth USD 38.2 billion, which is same as in 2019, says the report which said the numbers pertain to January 1 and December 7. Excluding the big-ticket deals in the telecom ...

Only two of six bids for Reliance Home Finance are compliant and binding

The lenders have decided to further extend the bidding timeline till January 31, 2021, in order to accommodate the four non-compliant bidders

PE/VC investments decline 8% to $41.4 bn during January-November 2020

PE investments in Reliance Group entities accounted for 42%

Reliance now a key player in realty space with Rs 40,000-cr assets

Corporate parks, commercial complexes in Haryana, Maharashtra find takers