Reliance Jio: From Facebook to Abu Dhabi Investment Authority, here's a list of all seven investors in Jio Platforms
Jio Platforms: ADIA has been a long time investor in Indian equities.
ADIA invests Rs 5,683.5 crore in Jio. Reliance Industries has now sold 21.06 percent stake in its digital assets unit through 8 fundraising deals in 7 weeks and collected a total investment of Rs 97,885.65 crore, or $12.96 billion
RIL's 35.2 million tonnes (MT) a year SEZ refinery processed 2.51MT of crude oil into fuel in March, a drop of 24 percent YoY, according to data released by the Ministry of Petroleum and Natural Gas on Thursday.
The deal is unparalleled in the way it will add to consumer's choices
Morgan Stanley said the timing of normalisation is unclear, and every month of these challenges negatively affects RIL sales volumes across all its businesses.
Mukesh Ambani, who personally held 72.31 lakh shares or 0.11 percent of RIL, raised his holding to 75 lakh or 0.12 percent.
The oil-to-telecom conglomerate initiated a work from home protocol for all its employees across the country and overseas in response to the evolving coronavirus situation. This protocol will be effective until March 31.
Revenue from the organised retail segment of RIL during the quarter was up 27.40 per cent at Rs 45,327 crore as against Rs 35,577 crore in the corresponding period last fiscal.
According to a notification of the Directorate General of Trade Remedies (DGTR), the company has requested for the imposition of anti-dumping duties on the imports.
Luxury apparel firm Future101 reported annual turnover of Rs 27.91 crore, Rs 22.18 crore and Rs 20.85 crore in 2018-19, 2017-18 and 2016-17, respectively.
Reliance Brands already runs high-end stores in India with some 40 foreign partners, including British label Burberry, shoemaker Steve Madden and New York-based Iconix Brand Group Inc, through joint ventures and franchises.
RIL shares have gained ground since the announcement of a host of investor-friendly proposals at its annual general meeting held early last week.
RIL reported a net profit of Rs 10,104 cr for the quarter ended June 30.
The company told stock exchanges that its board of directors has received a letter from Gangwal.
At the close of trade, RIL's market capitalisation (m-cap) was at Rs 7,98,385.98 crore, which is Rs 12,505.29 crore more than that of Tata Consultancy Services (TCS) Rs 7,85,880.69 crore valuation, according to data available with the BSE.
The company has already shut some units including isomerisation, continuous catalytic reformer and paraxylene units for maintenance at the plant.
RIL and JMFARC jointly announced bid to acquire the debt-ridden textile manufacturer Alok Industries Ltd in April.
11,000 needs to be crossed on a sustainable basis for the market to move higher towards 11,090 and 11,170. On the downside, the immediate support is placed at 10,813, which is two-session low
Indian equity attractiveness is high, vis-à-vis fixed income, gold, and property. It’s possible to see Nifty hitting the 13,000-mark in 2019
Reliance Jio has extended its deadline for subscribing to Prime membership to April 15, 2017. Bhupendra Tiwary, Research Analyst, Telecom and Media at ICICI Direct shared his views on how Reliance Industries Ltd (RIL) would react today on the back of this newsflow and what the other incumbents could face like Bharti Airtel and Idea Cellular.
The Centre's green panel has given environment clearance to Reliance Gas Pipeline Ltd (RGPL) for its Rs 1,428 crore project to build a 486-km long pipeline through Gujarat and Maharashtra for transportation of liquid ethane.
Cellphone operators are snatching up precious bandwidth in a government sale, paying top dollar for spectrum to roll out high-speed coverage across India. The fear among investors is that the companies' balance sheets may now be under pressure.
Overall, e-commerce is rapidly growing in India, fuelled by an expanding middle class and better web access, and the potential for online grocers in particular is huge.
Weight of a stock is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market.