Page 21 - Reliance Industries

Sensex zooms 934 pts, reclaims 52,500; Nifty tops 15,600; all sectors rally

CLOSING BELL: Beaten down PSB, Metal, and Energy (Oil and Gas) indices rose the most in today's trade. Related indices advanced between 4 per cent and 4.5 per cent

Investor pushback sees JP Morgan defend Reliance Industries upgrade

On June 16, the firm had set a target price of Rs 3,170 per share, saying RIL was amongst the few large companies in India with a positive earnings revision cycle

Sebi fines Reliance for not promptly disclosing 2020 Facebook deal

In April 2020, Meta's Facebook invested $5.7 billion in Reliance's Jio Platforms

Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers

Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares

BSES to install 5 mn smart meters across Delhi in country's largest rollout

Floats tender worth Rs 4,000 crore to procure the meters; installation to start by October

Fitch enhances ratings of 13 Indian firms to 'moderate downgrade risk'

These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'

Reliance AGM may see more focus on green energy, consumer business

Experts expect the firm to make further announcements in green energy

Top 10 firms lose Rs 3.91 trillion in m-cap; TCS, RIL biggest laggards

Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%

Reliance considers buying out cosmetic firm Revlon in US: Report

The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments

Telecom sector in focus: Charts suggest up to 25% upside for Airtel, TTML

Charts suggest that Bharti Airtel can rally to a new high of Rs 800; However, investors need to wait for a confirmed breakout if considering to buy shares of Vodafone Idea.

Reliance Industries in focus as benchmark refining margin inches up

Morgan Stanley said RIL's margins would be 50 per cent above its last peak season in mid-2008

RIL, Sun TV, India Cements: Are IPL franchisee stocks worth your money?

Reliance Industries' chart seems to predict 14% upside

JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight

The brokerage firm cites a positive earnings revision cycle ahead, given the strong refining and gas environment, for the ratings upgrade.

Reliance on top after Viacom's media rights purchase in IPL e-auction

In a first, broadcaster is subsidiary of team owner; experts say these are mutually exclusive franchises

'One of the largest sporting destinations': Viacom18 on bagging IPL rights

BCCI had announced that India digital rights for IPL were acquired for Rs 20,500 crore by Viacom18, which also won the non-exclusive Package C by paying Rs 2,991 crore more.

Mukesh Ambani's consumer empire gets a cricket spin with IPL digital rights

The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years

IPL media rights likely to open floodgates for Viacom's OTT powerplay

Bidding for non-exclusive rights for the mega cricket league to continue today

Govt loses appeal to $111 mn arbitration award in dispute with RIL, Shell

The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute

Stocks to Watch: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL

Stocks to Watch Today: Bajaj Auto to consider share buyback on June 14 after 22 years; The 30-day lock-in period for anchor investments in LIC IPO ends on June 13.

With RIL boost, markets see green; Sensex, Nifty end 4-day losing run

Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off