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...
Tag : reliance industries
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...
RIL Among Mutual Fund’s 10 Most Desired Stocks During Earnings Season
Mutual funds ramped up bets on the Mukesh Ambani-led company in October despite an unexpected drop in Reliance Industries (RIL) second-quarter profit. Two other top...
Windfall Tax Effect: Reliance Net Profit Moved Rs 13,656 Crore
On Friday, Mukesh Ambani-led Reliance Industries reported a consolidated net profit for the quarter end of Rs 13,656 crore. The oil-to-telecom conglomerate’s gross sales were...
Sensex Jumps 147 Points, Nifty Tops Above 17,500 for Fourth Day
Indian stocks closed higher for a fourth straight day on October 19, with the Sensex closing 146.59 points or 0.25%, to 59,107.19 and the Nifty...
Reliance, Sanmina Enters into Joint Venture to Build Manufacturing Hub in India
On Tuesday, Sanmina Corporation, an integrated manufacturing solutions company, and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced...
Reliance New Energy to Acquire 20% Stake in US-Based Caelux for $12 Million
Reliance New Energy, a wholly-owned subsidiary of Reliance Industries, announced on September 23 that it would invest $12 million in US-based Caelux for a 20%...