Mar 27, 2019
Manas Jaiswal, market expert of Manasajyaswal.com, suggests buying shares at the target price of Reliance Industries Limited 14.5.0 M...
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Manas Jaiswal, market expert of Manasajyaswal.com, suggests buying shares at the target price of Reliance Industries Limited 14.5.0 M...
Reliance chief resigned...
Reliance chief resigned…
Telecom operator Reliance Jio Infocomm President Sumit D Chowdhury has resigned from the company to start his own venture.
“I have quit to start my own venture. It is in the field of smart cities,” Mr Chowdhury told.
This is the third high-profile exit from Reliance Jio and second within a month after its managing director Sandeep Das was moved to its sister concern Reliance Retail.
Mr Chowdhury…
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Mukesh Ambani remains as the richest man in India with $24.4 billion worth ...
Mukesh Ambani remains as the richest man in India with $24.4 billion worth …
With an estimated worth of $24.4 billion (about Rs.1,49,474 crore) Mukesh Ambani remains the richest man in the country . Steel tycoon Lakshmi Mittal, drugmaker Sun Pharma’s Dilip Shanghvi, IT giant Wipro’s Azim Premji and Tata Sons’ shareholder Pallonji Shapoorji Mistry follows Ambani among the top five wealthiest individuals from India, according to an analysis by wealth research firm Wealth-X…
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Money Morning...
Money Morning…
Reliance power to acquire 3 hydropower assets of Jaypee power. As per media reports deal is likely to be at a significant premium. Positive for JPVL in short to medium term.
Reliance CleanGen (RCL), a 100% subsidiary of Reliance Power, and Jaiprakash Ventures Ltd(JPVL) signed an exclusive Memorandum of Understanding (MOU), for the 100% acquisition by RCL of the entire hydroelectric power…
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Reliance to produce Endhiran-2 with Superstar Rajinikanth...
Reliance to produce Endhiran-2 with Superstar Rajinikanth…
Well, the latest buzz in K-town is that Reliance is in talks with Aascar Ravichandran to snap Ai distribution rights, also they are showing interest to produce Endhiran-2 with Superstar Rajinikanth.
Also it is widely believed that Shankar has recently met Superstar Rajinikanth at Lingaa sets in Hyderabad which in turn confirms the above said buzz on Endhiran-2.
Just like any other Rajinikanth…
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Reliance Industries to invest $30 billion across its businesses ...
Reliance Industries to invest $30 billion across its businesses …
Reliance Industries chairman Mukesh Ambani announced plans to invest more than Rs. 1.8 lakh crore or $30 billion across its businesses, including telecom and oil and gas, over three years.
A bulk of investments would be allocated to the company’s petrochemical business, which generates the largest revenue after refining.
The company will spend Rs. 70,000 crore to build the “largest broadband…
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Stock Markets Ahead For 29-05-2014 ...
Stock Markets Ahead For 29-05-2014 …
Asian market moved to highest in 6M after Chinese report on Industrial Profit showed increase of 10% through April. Yesterday US benchmark moved to an all time high after data showed unexpected increase in durable goods order and improving CC. Gold slumped to a 3 month low.
Local market remain in consolidation phase with institutional investors undertaking profit booking. Different ministries…
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Stock News for 21st May 2014 ....
Stock News for 21st May 2014 ….
Corporate News
Apollo Tyres
Shares of Apollo Tyres ended almost unchanged to close at Rs. 174. The company announced results, Apollo Tyres net sales for Q4 FY14 on standalone basis rose by 8.7% yoy. While volumes were higher by 6%, realizations rose marginally. Capacity utilization for the Indian operations was flat at 75%. Gross margins improved by 122bps yoy on the back of decline of natural…
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