Market Capitalization Of Reliance
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
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Reliance Capital Resolution: Notice Issued To Torrent Investments By Appellate Tribunal
Vistra ITCL (India) Ltd, one of the members of the Committee of Creditors of Reliance Capital, has moved NCLAT against an NCLT order.
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Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
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LIC's Decision To Sell Reliance Capital's Debt Upsets Lenders, Bidders
Days ahead of the deadline to submit binding bids, LIC's move to sell its Rs 3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders.
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Piramal Capital Withdraws Insolvency Proceedings Against Reliance Power
Piramal Capital and Housing Finance Ltd has withdrawn the insolvency proceedings against Reliance Power Ltd.
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Reliance Capital Reverses Losses Reports Rs 215 Crore Profit In Q2
Reliance Capital, which is undergoing insolvency process, posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022.
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Reliance Capital Lenders To Decide On 'Challenge Mechanism' Clause On Friday
Lenders of Reliance Capital will meet on Friday to decide on the 'Challenge Mechanism' clause in the resolution process, sources said.
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IndusInd, Oaktree Capital, 2 Other Entities Bid For Reliance Capital: Report
IndusInd Bank, US-based asset management firm Oaktree Capital, Torrent Group and B-Right Group have submitted bids for the takeover of debt-ridden Reliance Capital Ltd (RCL), according to sources.
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Investors Lose More Money In Stocks Plunge Than Reliance's Market Value
Investors' wealth has tumbled by over Rs 18 lakh crore during the last six days of market decline, which is more than Reliance Industries Ltd's market capitalisation of 17.5 lakh crore, putting in context the magnitude of the loss.
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Market Capitalisation Of Reliance Industries, HDFC Bank And Hindustan Unilever Rises Rs 1.78 Lakh Crore
Reliance Industries, HDFC Bank and Hindustan Unilever were the gainers from the top-five pack, TCS and Infosys emerged as laggards
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Reliance Capital's Lenders Likely To Share Resolution Document Next Week: Report
Lenders of debt-ridden Reliance Capital Ltd (RCL) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and bids with a high upfront cash payment component will get the maximum score as a part of the resolution process, sources said.
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Reliance Capital's Lenders And RBI-Appointed Admin Disagree About Resolution Plan
Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company's different subsidiaries or clusters which are on the block, sources said.
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Google Expands India Cloud Services With New Infrastructure Push, Will Open More Data Centres in New Delhi
Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said.
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Indian Retail: A Nearly $900 Billion Market Dominated By Mom-And-Pop Stores
Most of India's grocery retail happens at kiranas - small- and mid-sized mom-and-pop outlets which account for 75-78 per cent of the consumer goods market, Ambit Capital estimates
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
-
Reliance Capital Resolution: Notice Issued To Torrent Investments By Appellate Tribunal
Vistra ITCL (India) Ltd, one of the members of the Committee of Creditors of Reliance Capital, has moved NCLAT against an NCLT order.
-
Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
-
LIC's Decision To Sell Reliance Capital's Debt Upsets Lenders, Bidders
Days ahead of the deadline to submit binding bids, LIC's move to sell its Rs 3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders.
-
Piramal Capital Withdraws Insolvency Proceedings Against Reliance Power
Piramal Capital and Housing Finance Ltd has withdrawn the insolvency proceedings against Reliance Power Ltd.
-
Reliance Capital Reverses Losses Reports Rs 215 Crore Profit In Q2
Reliance Capital, which is undergoing insolvency process, posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022.
-
Reliance Capital Lenders To Decide On 'Challenge Mechanism' Clause On Friday
Lenders of Reliance Capital will meet on Friday to decide on the 'Challenge Mechanism' clause in the resolution process, sources said.
-
IndusInd, Oaktree Capital, 2 Other Entities Bid For Reliance Capital: Report
IndusInd Bank, US-based asset management firm Oaktree Capital, Torrent Group and B-Right Group have submitted bids for the takeover of debt-ridden Reliance Capital Ltd (RCL), according to sources.
-
Investors Lose More Money In Stocks Plunge Than Reliance's Market Value
Investors' wealth has tumbled by over Rs 18 lakh crore during the last six days of market decline, which is more than Reliance Industries Ltd's market capitalisation of 17.5 lakh crore, putting in context the magnitude of the loss.
-
Market Capitalisation Of Reliance Industries, HDFC Bank And Hindustan Unilever Rises Rs 1.78 Lakh Crore
Reliance Industries, HDFC Bank and Hindustan Unilever were the gainers from the top-five pack, TCS and Infosys emerged as laggards
-
Reliance Capital's Lenders Likely To Share Resolution Document Next Week: Report
Lenders of debt-ridden Reliance Capital Ltd (RCL) are likely to share the Request For Resolution Plan (RFRP) document with bidders by Wednesday or Thursday and bids with a high upfront cash payment component will get the maximum score as a part of the resolution process, sources said.
-
Reliance Capital's Lenders And RBI-Appointed Admin Disagree About Resolution Plan
Differences have emerged between the lenders and the RBI-appointed administrator of debt-ridden Reliance Capital Ltd (RCL) over the resolution process of the company's different subsidiaries or clusters which are on the block, sources said.
-
Google Expands India Cloud Services With New Infrastructure Push, Will Open More Data Centres in New Delhi
Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said.
-
Indian Retail: A Nearly $900 Billion Market Dominated By Mom-And-Pop Stores
Most of India's grocery retail happens at kiranas - small- and mid-sized mom-and-pop outlets which account for 75-78 per cent of the consumer goods market, Ambit Capital estimates
