IPL Teams Deliver Stunning Returns Compared to Stock Market
IPL teams have reaped staggering returns compared to the stock market, with Rajasthan Royals leading the way with a return of 29 times. According to...
Tag : reliance industries
RIL Reports Robust Operating Performance in Q4
On April 21, the oil-to-telecom-to-retail major Reliance Industries proclaimed healthy growth in operating numbers for the March quarter of FY23. Thus, bottom-line growth was strong...
RIL Shareholders’ Meet Scheduled to Approve Demerger, Shares Up 4%
Reliance Industries Ltd (RIL) has announced its plans to demerge its financial services business, with a meeting of creditors and shareholders scheduled for May 2....
Olectra Partners with RIL to Launch Hydrogen-Powered Buses, Shares Up 20%
Shares of Olectra Greentech rose 20% to Rs 482.45 on the BSE in intraday trade on Friday after the company launched its first hydrogen-powered bus...
Private Equity Firm Carlyle Takes Majority Stake in India’s VLCC
On Tuesday, the private equity firm Carlyle Group acquired a majority stake in Indian beauty care and wellness solutions provider VLCC. The stake in the...
Jio Becomes First Telco to Roll Out 5G-Specific Plans
Reliance Jio Infocomm, the telecom element of Mukesh Ambani’s Reliance Industries, has developed the first telco to announce a 5G-specific plan, with a Rs 61...
Investors’ Wealth Falls by Rs 15.77 Lakh Crore in Four Days
Equity investors lost Rs 15.77 lakh crore in the four-day market rout, with the benchmark Sensex index down more than 3%. Market analysts said investors...
Reliance Industries’ Subsidiary Acquires 23% Stake in US-Based Exyn Technologies
Reliance Industries announced in a December 22 regulatory filing that its wholly-owned subsidiary, Reliance Strategic Business Ventures Limited, has acquired a 23.3% stake in US-based...
Bajaj Finance Outperforms Sensex, Nifty for the First Time in 14 Years
Bajaj Finance Ltd, a non-banking financial company (NBFC) focused on consumer credit, has underperformed the benchmark Sensex and Nifty indices in 2022 for the first...
Sensex Falls Sharply for Second Straight Session, Shedding More Than 270 Points
Following a sharp sell-off in the previous session, Indian stocks fell further on Friday morning as major central banks said they would keep raising interest...