Page 6 - Reliance Industries

We are empowering Reliance with new leadership capital, says Mukesh Ambani

Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited said on Thursday that Reliance has begun implementing two important tasks of empowering young leadership and young talent

Top Headlines: India's billionaire club shrinks, Airtel 5G monetisation

Business Standard brings you the top headlines at this hour

Stocks to Watch: KFin Tech, SBI, Airtel, RIL, Sheela Foam, McLeod Russel

Stocks to Watch: KFin Technologies to debut on the bourses today. The stock is likely to list on a tepid note.

Reliance Industries topped the growth charts in the last 20 years

In the last 20 years, RIL's net profit has grown at a CAGR of 15.7 per cent

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts

Mukesh Ambani completes 20 years at helm of Reliance Industries

Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate. Following Dhirubhai's death in 2002, Mukesh and his younger brother Anil assumed joint leadership of Reliance. While the elder brother took over as the chairman and managing director, Anil was named vice chairman and joint managing director. The brothers, however, feuded over control, leading to a split with Mukesh assuming control of the gas, oil, and petrochemicals units as RIL, while Anil got telecommunications, power generation, and financial services units through a demerger. In 20 years that Stanford University-drop out Mukesh, 65, has been at the helm of RIL, the company has re-entered the telecom business, diversified in retail and new energy, and raised a record Rs 2.5 lakh ..

Stocks to Watch: NBFCs, Punjab & Sind Bk, Capri Global, Welspun Enterprises

Stocks to Watch: Balrampur Chini, Indiabulls Housing Finance and Punjab National Bank (PNB) were the three stocks in F&O ban period on Wednesday.

Stocks to Watch: Aban Holdings, Landmark Cars, RIL, Lupin, Gail, JK Cement

Stocks to Watch Aban Holdings and Landmak Cars will be debuting on the stock exchanges on Friday. Both these stocks are likely to witness a tepid start to trade.

Reliance industries subsidiary acquires 23.3% stake in Exyn Technologies

RSBVL, a wholly owned subsidiary of Reliance Industries Limited (RIL), on Thursday acquired 23.3 per cent stake in Exyn Technologies Inc (Exyn) for a total consideration of $25 million

Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax

Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points

Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants

Stocks to Watch Today: Shares of Sula Vineyards likely to list on a tepid note on Thursday.

Five of top-10 firms lose Rs 1.67 trn in m-cap; RIL biggest drag

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,67,602.73 crore last week, with Reliance Industries taking the biggest hit. Last week, the Sensex lost 686.83 or 1.09 per cent amid an overall weak trend in equities. While Reliance Industries, TCS, Infosys, Bharti Airtel and ICICI Bank were the laggards from the top-10 pack, Hindustan Unilever, HDFC Bank, Adani Enterprises, SBI and HDFC emerged as the gainers. The valuation of Reliance Industries tumbled by Rs 76,821.01 crore to reach Rs 17,65,173.47 crore. Tata Consultancy Services' market capitalisation (mcap) declined by Rs 53,641.69 to Rs 12,04,797.55 crore. The valuation of Infosys eroded by Rs 29,330.33 crore to Rs 6,60,184.76 crore and that of Bharti Airtel fell by Rs 7,705.08 crore to Rs 4,64,529.84 crore. ICICI Bank's mcap diminished by Rs 104.62 crore to Rs 6,49,102.84 crore. However, Hindustan Unilever (HUL) added Rs 24,882.17 crore, taking its market valuation to Rs 6,39,370.77. HDFC B

Mcap of 9 of top 10 most-valued cos erode by Rs 1.22 trn; RIL top loser

Nine of the top-10 most valued firms faced a combined erosion of Rs 1,22,092.9 crore in market valuation last week amid weak trend in equities, with Reliance Industries emerging as the biggest laggard. Last week, the 30-share BSE benchmark declined 843.86 points or 1.36 per cent. Barring HDFC Bank, rest nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, witnessed decline in their market valuation. The valuation of Reliance Industries tanked Rs 29,767.66 crore to Rs 17,35,405.81 crore. TCS faced an erosion of Rs 19,960.12 crore to Rs 11,84,837.43 crore in its market valuation. The valuation of ICICI Bank plunged Rs 19,722.3 crore to Rs 6,29,380.54 crore and that of Infosys tumbled Rs 19,567.57 crore to Rs 6,40,617.19 crore. The market capitalisation (mcap) of Hindustan Unilever went lower by Rs 11,935.92 crore to Rs 6,27,434.85 crore and that of State Bank of India declined by Rs 11,735.86 crore to Rs 5,38,421.83 crore. Bharti .

Stocks to watch: Wipro, Vedanta, HPCL, RIL, Kalpataru Power, Biocon

Stocks to watch today: Wipro inked multi-year digital transformation partnership with fintech firm Finastra; HPCL aims to raise around Rs 10,000 crore in debt to fund oil refining operations

CoC raises base price of Reliance Capital auction to Rs 6,500 crore

Auction to be held on two days, starting December 22

Reliance Industries Ltd is India's most-visible company, says report

Reliance Industries Ltd, India's largest corporate by revenues, profits, and market value, topped the 2022 Wizikey Newsmakers report as India's most-visible corporate in the media. State Bank of India, ICICI Bank Limited, Bharti Airtel Limited, and One 97 Communications Limited, which owns Paytm, are the other firms in the top five rankings, Wizikey said in a statement. The rankings are based on Wizikey's News Score which measures news visibility for brands & individuals by analyzing the volume of news, headlines presence, and the reach of publications. Wizikey's AI and ML technology gathers media intelligence from over 50 million news articles across 400,000-plus online publications. The report considered over 1000 Indian corporates for analysis. For its No.1 position Reliance has a news score of 92.56 for 2022, becoming the first Indian company ever to cross the threshold of 90. Reliance improved its news score from 84.9 in 2021. Wizikey's news score is the world's first ...

20 Indian firms in 500 most valuable globally, Reliance top: Hurun report

Apple, worth $2.4 trillion, is the most valuable company, followed by Microsoft with a value of $1.8 trillion: 2022 Hurun Global 500 report

Adani firms, RIL share honours in Motilal Oswal wealth-creation study

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

Mcap of 8 of top-10 most valued firms climb Rs 1.15 trn; RIL biggest winner

Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, HDFC twins were the only laggards. Last week, the BSE benchmark jumped 574.86 points or 0.92 per cent. The benchmark had settled above 63,000-level for the first time ever on Wednesday. The market valuation of Reliance Industries jumped Rs 71,462.28 crore to Rs 18,41,994.48 crore. Hindustan Unilever's market capitalisation (mcap) gained Rs 18,491.28 crore to Rs 6,14,488.60 crore. Tata Consultancy Services (TCS) added Rs 18,441.62 crore taking its valuation to Rs 12,58,439.24 crore. The valuation of Infosys climbed Rs 3,303.5 crore to Rs 6,89,515.09 crore and that of Adani Enterprises rallied Rs 2,063.4 crore to Rs 4,47,045.74 crore. Bharti Airtel's mcap grew by Rs 1,140.46 crore to Rs 4,72,234.92 crore and that of ICICI Bank jumped Rs 845.21 crore to Rs 6,49,207.46 crore. State Bank of India added Rs

Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh

CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.