In the broader markets, the Nifty MidCap 100 and SmallCap 100 indices settled with gains of about 1 per cent on the NSE
The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL
The Mukesh Ambani-controlled company had initiated the process to hive off its oil-to-chemicals business at a time when the Covid-19 pandemic caused a slump in fuel demand
Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags
The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each
The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc
The volatility remained high ahead of the monthly F&O expiry on Thursday
RIL lost over Rs 1-trillion market capitalisation in the past three trading days
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Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week
SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020
HDFC is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis
Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries
Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December
Venture Capital type investments however fell 13 per cent in value (and 16% by volume) in 2020 ($10.7 Billion across 694 deals) compared to last year ($12.5 Billion in 832 deals).
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Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment
The deal, estimated to be about $15 billion as of August last year, had stalled over price
While dismissing RIL's appeal, SAT directed the company to pay Rs 447 crore along with a simple interest of 12 per cent from November 2007 within 60 days. The amount works out to nearly Rs 1,150 crore
RIL said it will move SC against dismissal of its plea by SAT against a Sebi ruling barring the firm, 12 promoter group entities from dealing in equity derivatives for alleged unfair trade practices