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HomeTag: RIL

After lenders reject proposal, Reliance calls off deal with Future

Reliance Industries (RIL) on Saturday expressed its inability to complete the transaction related to taking over of the retail, wholesale, logistics and warehousing businesses of Future Retail Limited (FRL) after the proposal was rejected by a majority of its lenders. “As per these results, the shareholders and unsecured creditors of Future Retail have voted in …

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Reliance Industries rating – Buy: Refining profits to improve in Q4

Petchem margins present risk to FY23 estimates though integrated operations will lower impact; ‘Buy’ retained Despite tight inventories, diesel cracks have come off sharply from the past week. RIL’s refining profit could surprise positively in Q4FY22e but should normalise in FY23e. Petchem margins are near 10-yr lows and China’s lockdowns paint a weak outlook for …

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RIL, Bharti Airtel, Tata Motors, Tech Mahindra, Vodafone Idea, Vedant Fashions stocks in focus

Indian equity markets are headed for a tepid start on Wednesday after a day’s break. Ahead of the trading session, SGX Nifty was deep in red, hinting at a negative open for domestic equities. RIL, Bharti Airtel, Tata Motors, Tech Mahindra, Vodafone Idea, Vedant Fashions stocks were in focus Indian equity markets are headed for …

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RIL Q3FY22 results preview: O2C, retail to drive Reliance profit, revenue; green energy foray to aid growth

Mukesh Ambani’s Reliance Industries Ltd is likely to see a rise in profit and revenues on the back of improvement in refining, petrochemicals and retail performance, when it reports its fiscal third quarter earnings on Friday Mukesh Ambani’s Reliance Industries Ltd is likely to see a rise in profit and revenues on the back of …

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RIL share price gains nearly 1% even as Sensex falls, after Jio prepays Rs 30,791 cr spectrum dues

Reliance Industries Ltd (RIL) share price gained nearly 1 per cent to Rs 2,541.65 on BSE on Wednesday amid a weak market, after Reliance Jio said it has paid its entire deferred liabilities towards spectrum acquisition prior to March 2021. Reliance Industries Ltd (RIL) share price gained nearly 1 per cent to Rs 2,541.65 on …

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Reliance Industries to invest over Rs 5 lakh cr in green energy in Gujarat; scouting land for 100 GW projects

Mukesh Ambani’s Reliance Industries Ltd will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat, it said on Thursday Mukesh Ambani’s Reliance Industries Ltd will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat, it said on Thursday. RIL has already begun scouting land for …

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India’s top Philanthropists: 11 Industrialists donate over 100 crore in FY21; Azim Premji retains top spot

Wipro’s Azim Premji retained the top spot among philanthropist billionaires of India for a second time. Image: PTI India saw 11 individuals making an annual donation of over Rs 100 crore in the financial year 2020-21. Wipro’s Azim Premji retained the top spot among philanthropist billionaires of India for a second time. Premji hiked his …

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RIL, Coal India, Maruti Suzuki, HCL Tech, Zee Ent, Prestige Estates, Future group stocks in focus

Investors will closely watch the September CPI Inflation and the Industrial Output for August. Nifty futures tanked 92.50 points or 0.52 per cent to 17,868.50 on Singaporean Exchange, hinting at a negative opening on Tuesday. Investors will closely watch the September CPI Inflation and the Industrial Output for August. “Zooming into the Nifty 60 min …

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