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Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
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Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
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Sensex Gains 40 Points In Early Trade, Rupee Rises 8 Paise
Equity market benchmarks Sensex and Nifty climbed in early trade on Thursday driven by buying in index heavyweights ICICI Bank and Reliance Industries amid a robust domestic macroeconomic data and firm trend in the global peers.
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Sensex Rallies 610 Points To Reclaim 74,000 On Buying In RIL, Global Equity Gains
Benchmark stock index Sensex rallied nearly 610 points to reclaim the 74,000 mark while Nifty closed above 22,500 in their second day of gains on Thursday following heavy buying in Reliance Industries on easing crude oil prices.
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Sensex Rebounds 1,293 Points, Nifty At Record High Over Bluechip Stocks
Benchmark Sensex rebounded by 1,293 points while Nifty shot up to a record high today, cutting short the five-day losing streak on heavy value buying at lower levels and a rally in blue-chips like Infosys, Airtel and Reliance Industries.
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Sensex Breaches 79,000 Level, Nifty Crosses 24,000 For 1st Time Ever
Sensex breached the historic 79,000 mark while Nifty scaled the 24,000 peak for the first time today as buying in blue-chip stocks like Infosys, Reliance and TCS helped markets extend gains to the fourth straight day and close at lifetime high levels
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Markets Scale Fresh Lifetime Highs, Nifty Nears 21,000-Level
Equity benchmarks Sensex and Nifty rallied for the seventh straight session to hit fresh lifetime highs today, driven by gains in index majors Reliance Industries, ITC and L&T amid persistent foreign fund inflows.
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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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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Opinion: Mukesh Ambani Has A $6.3 Billion Prescription for Boots
Private equity firm Apollo Global Management Inc. and Indian billionaire Mukesh Ambani's Reliance Industries Ltd. have made a binding offer for chemist chain Boots.
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Reliance Retail to Receive Rs. 7,350 Crore Investment From GIC, TPG Capital
Reliance Industries Ltd (RIL) said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs. 7,350 crore (about $1 billion) in its retail unit.
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Reliance Retail to Receive Rs. 3,675 Crores Investment From General Atlantic
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) on Wednesday announced that General Atlantic, a global growth equity investor, will invest Rs. 3,675 crores into RRVL, a subsidiary of Reliance Industries.
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Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
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Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
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Reliance Retail Acquires Majority Stake in Netmeds
Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. ("Vitalic") and its subsidiaries collectively known as 'Netmeds' for a cash consideration of approximately Rs 620 crores.
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Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
-
Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
-
Sensex Gains 40 Points In Early Trade, Rupee Rises 8 Paise
Equity market benchmarks Sensex and Nifty climbed in early trade on Thursday driven by buying in index heavyweights ICICI Bank and Reliance Industries amid a robust domestic macroeconomic data and firm trend in the global peers.
-
Sensex Rallies 610 Points To Reclaim 74,000 On Buying In RIL, Global Equity Gains
Benchmark stock index Sensex rallied nearly 610 points to reclaim the 74,000 mark while Nifty closed above 22,500 in their second day of gains on Thursday following heavy buying in Reliance Industries on easing crude oil prices.
-
Sensex Rebounds 1,293 Points, Nifty At Record High Over Bluechip Stocks
Benchmark Sensex rebounded by 1,293 points while Nifty shot up to a record high today, cutting short the five-day losing streak on heavy value buying at lower levels and a rally in blue-chips like Infosys, Airtel and Reliance Industries.
-
Sensex Breaches 79,000 Level, Nifty Crosses 24,000 For 1st Time Ever
Sensex breached the historic 79,000 mark while Nifty scaled the 24,000 peak for the first time today as buying in blue-chip stocks like Infosys, Reliance and TCS helped markets extend gains to the fourth straight day and close at lifetime high levels
-
Markets Scale Fresh Lifetime Highs, Nifty Nears 21,000-Level
Equity benchmarks Sensex and Nifty rallied for the seventh straight session to hit fresh lifetime highs today, driven by gains in index majors Reliance Industries, ITC and L&T amid persistent foreign fund inflows.
-
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.
-
Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Opinion: Mukesh Ambani Has A $6.3 Billion Prescription for Boots
Private equity firm Apollo Global Management Inc. and Indian billionaire Mukesh Ambani's Reliance Industries Ltd. have made a binding offer for chemist chain Boots.
-
Reliance Retail to Receive Rs. 7,350 Crore Investment From GIC, TPG Capital
Reliance Industries Ltd (RIL) said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs. 7,350 crore (about $1 billion) in its retail unit.
-
Reliance Retail to Receive Rs. 3,675 Crores Investment From General Atlantic
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) on Wednesday announced that General Atlantic, a global growth equity investor, will invest Rs. 3,675 crores into RRVL, a subsidiary of Reliance Industries.
-
Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
-
Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
-
Reliance Retail Acquires Majority Stake in Netmeds
Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. ("Vitalic") and its subsidiaries collectively known as 'Netmeds' for a cash consideration of approximately Rs 620 crores.
