Page 18 - Reliance Industries
Jio Institute welcomes first batch of PGP AI & Data Science, Digital Media
Students in the batch come from 19 Indian states and four countries, and from diverse fields like engineering, science, arts, commerce, mass media, and management studies or business administration
 "Jio Institute welcomes first batch of PGP AI & Data Science, Digital Media")
RIL's shares climb over 2%, ONGC jumps 4% after windfall tax cut
Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax
 "RIL's shares climb over 2%, ONGC jumps 4% after windfall tax cut")
How to trade RIL, ONGC, Oil India post cut in windall tax? Find out
While the underneath trend seems positive, Reliance, ONGC and Oil India need to sustain above the major support levels for further gains.
 "How to trade RIL, ONGC, Oil India post cut in windall tax? Find out")
Windfall tax cut to normalise equity multiples of RIL, ONGC: Morgan Stanley
Centre, on Wednesday, eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed
 "Windfall tax cut to normalise equity multiples of RIL, ONGC: Morgan Stanley")
Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop
Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped
 "Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop")
Refiners, upstream cos soar on windfall tax cut; CPCL up 11%, Oil India 8%
CPCL, Oil India, ONGC, MRPL, Gail (India) and Reliance Industries were up 4 per cent to 11 per cent on the BSE in intra-day trade.
 "Refiners, upstream cos soar on windfall tax cut; CPCL up 11%, Oil India 8%")
Govt cuts windfall tax on fuel exports as global crude oil prices fall
India imposed the taxes on July 1, joining a growing number of nations placing windfall levies to tap energy companies' booming profits
Rupee at 80: How top Indian companies hedged themselves for dollar
Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions
 "Rupee at 80: How top Indian companies hedged themselves for dollar")
Windfall tax: Relief for product exports, not for upstream crude, says Citi
Petrol and diesel prices are down by $40-50 per barrel from month-ago levels
 "Windfall tax: Relief for product exports, not for upstream crude, says Citi")
Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
 "Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS")
Robust oil earnings likely to drive RIL's Q1 results, say analysts
Retail to benefit from low base; tariff hikes to power telecom growth
 "Robust oil earnings likely to drive RIL's Q1 results, say analysts")
Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts
Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal
 "Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts")
Metro AG: In deal season, German cash & carry chain feels the heat in India
The low-profile German cash & carry chain is suddenly finding itself at the centre of controversy as negotiations for the sale of its India business get underway
 "Metro AG: In deal season, German cash & carry chain feels the heat in India")
Focus on windfall tax review leads to oil stocks ending in the green
Export taxes on petrol are likely to see the steepest reduction, while levies on diesel and jet fuel could also be lowered to adjust the impact of price declines
 "Focus on windfall tax review leads to oil stocks ending in the green")
AFI and RIL sign long term partnership to support talented athletes
Athletics Federation of India (AFI) and Reliance Industries Limited (RIL) on Thursday announced a long-term partnership to provide world class facilities to athletes, with special focus on women.
RIL, ONGC gain amid report govt may lower windfall tax on fuel on Friday
On the bourses, shares of RIL jumped 2.4 per cent in the intra-day trade, while those of ONGC rose 6.4 per cent.
 "RIL, ONGC gain amid report govt may lower windfall tax on fuel on Friday")
The state-level political dynamics behind the windfall tax on fuel exports
Gujarat has the highest percentage of private oil pumps at 24%, followed by Rajasthan at 14.5%; the former will elect a new legislative assembly by this December, the latter, a year later
 "The state-level political dynamics behind the windfall tax on fuel exports")
CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO
They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers
 "CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO")
Telcos may feel heat of Adani Group's entry into 5G spectrum auctions
Airtel stock fell over 5%, while RIL closed 1.3% higher after being down for most of the day
 "Telcos may feel heat of Adani Group's entry into 5G spectrum auctions")
Billionaires are vying for Metro's Indian wholesale unit: Report
Thailand's CP Group, Reliance have submitted non-binding bids, according to people familiar with the matter; Amazon is also considering entering the race with an offer
 "Billionaires are vying for Metro's Indian wholesale unit: Report")
