Page 15 - Reliance Industries

M-cap of five of top 10 firms declines Rs 30,737.51 cr, RIL biggest loser

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week, with Reliance Industries Limited taking the biggest hit. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. While Reliance Industries, Tata Consultancy Services, ICICI Bank, State Bank of India and Bajaj Finance were the laggards from the top-10 pack, HDFC Bank, Infosys, Hindustan Unilever, HDFC and Life Insurance Corporation of India (LIC) were the gainers. The valuation of Reliance Industries declined by Rs 12,883.7 crore to Rs 17,68,144.77 crore. The market capitalisation (mcap) of State Bank of India fell by Rs 9,147.73 crore to Rs 4,64,436.79 crore. The valuation of Tata Consultancy Services (TCS) dropped by Rs 5,323.92 crore to Rs 12,38,680.37 crore and that of ICICI Bank by Rs 2,922.03 crore to Rs 6,05,807.09 crore. The mcap of Bajaj Finance dipped by Rs 460.13 crore to Rs 4,42,035.99 crore. On the other hand, the market valuation of Hindustan Un

SC dismisses PIL against Reliance's zoo being built in Gujarat's Jamnagar

The Supreme Court has dismissed a PIL challenging the permission granted to a zoo being built by Reliance Industries in Gujarat's Jamnagar saying there was no logic or basis in the petition. A bench of justices Dinesh Maheshwari and Krishna Murari junked the plea filed by an advocate seeking to ban acquisition of animals by Greens Zoological Rescue and Rehabilitation Centre. The top court said there is hardly any scope to dispute that the Greens Zoological Rescue and Rehabilitation Centre is a recognised zoo as well as a rescue centre. It said there was no legal infirmity in grant of recognition to the zoo and the rescue centre by the Central Zoo Authority. "The allegations of the petitioner regarding lack of expertise on the part of respondent No 2 or regarding commercialisation remain uncertain and it does not appear that the petitioner has carried out the requisite research before moving this court in PIL jurisdiction. "We are impelled to observe that the petitioner himself is

RIL eyes new high; ONGC, HPCL can gain up to 8% amid windfall tax revision

The government on Thursday raised the windfall tax on exports of diesel to Rs 7 per litre and reintroduced the tax on jet fuel exports of Rs 2 per litre.

Lenders agree to RNTL-Reliance Industries' takeover deal: Report

Two years after the deal was approved by the NCLT, banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to Mukesh Ambani-owned Reliance Industries

Six of top 10 companies add Rs 1.56 trn to m-cap; RIL biggest gainer

The combined market valuation of six of the 10 most valued companies surged by Rs 1,56,247.35 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer

Torrent Power and Sembcorp Industries in race to buy Vector Green Energy

The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993

India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business

Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India

Reliance unveils brand name of cricket franchises in UAE, South Africa

For the UAE League, 'MI Emirates' will be the name of the franchise while in South Africa, it will be 'MI Cape Town'

Reliance Industries increases related-party disclosures in FY22 report

Transaction details between RIL and its telecom, retail subsidiaries a positive: Analysts

BSE, NSE to remain closed for trading today on account of Muharram

The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment

RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani

5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr

Jio completes 5G coverage planning in top 1,000 cities: RIL annual report

In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology.

Mukesh Ambani draws nil salary for 2nd year in row in light of pandemic

Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic.

Top Headlines: Healthcare in PM's I-Day speech, SBI HR subsidiary, and more

In his ninth Independence Day speech from the Red Fort, PM Narendra Modi is expected to devote a considerable amount of time to ongoing and proposed initiatives in the health care sector

More green energy funding, 5G in the spotlight at RIL's August 29 AGM

Company may spell out plans for retail and telecommunication businesses in the meeting

Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers

Eight of the 10 most valued firms together added Rs 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities

Share acquisition case: Let RIL access documents, Supreme Court tells Sebi

'Regulator has a duty to act fairly', says apex court in order that gives relief to the company

Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa

Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.

LIC breaks into Fortune 500 list, Reliance Industries jumps 51 places

The nation's biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was ranked 98th on the just released Fortune 500 list.