Offer values UK chemist chain at $6.3 billion
The bid for the Boots business is fully backed by committed financing, the people said, asking not to be identified because the information is private
The Sensex closed at 54,892, with a decline of 215 points, or 0.4 per cent, and the Nifty finished at 16,356, with a drop of 60 points, or 0.3 per cent
Stocks to Watch Today: Banks and rate sensitive related shares are likely to be in focus today as RBI announces the outcome of its three-day policy meet this morning.
RIL, says a report by Citi Research, is the biggest beneficiary of rising crude oil imports from Russia
In contrast, Tata Steel, IndusInd Bank, M&M, ITC, Kotak Mahindra Bank, Infosys and ICICI Bank were among the gainers, rising up to 0.99 per cent
The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore
RBI's monetary policy committee (MPC) is likely to decide on the exact rate hike on the basis of its inflationary expectations at that point of time. Read more in our top headlines
As of June 3, Reliance Industries' (RIL's) chairman's net worth was $99.7 billion, while the wealth of Adani Group's founder stood at $98.7 billion
The 173-year-old business has over 2,200 stores in the UK, apart from pharmacies as well as a large play in the health and beauty business
Reliance Industries chairman Mukesh Ambani's net worth was $99.7 billion as of June 3, according to Bloomberg's Billionaires Index
Long term prospects and dominant standing of RIL in each of its product & service portfolio provides comfort for long term value creation, analysts said.
Walsgreen put up the business for sale in December last year and has been seeking a valuation of about 7 billion pounds
Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore
Stocks to Watch today: Vedanta will be in focus as the company said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.
CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers
Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark
The Centre is looking to woo top global investors for the sale of its stake in IDBI Bank as a team of senior government officials visits the US this week. Read more in our top headlines
Reliance Industries Ltd spent a record Rs 1,184.93 crore in fiscal year ended March 31 on corporate social responsibility (CSR) initiatives
The CSR initiatives were spearheaded by Reliance Foundation, the philanthropic arm of Reliance Industries, led by Founder and Chairperson of the foundation Nita M. Ambani