reliance industries

F&O: Nifty still looks poised for rally till 12,250; key support is at 12,000

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By Chandan Taparia Nifty opened on a positive note on Monday on the back of a decent gapup opening in index components like Reliance Industries and Bharti Airtel. But, the bulls failed to capitalise on the positive opening and some profit booking emerged, forcing the indices to give up the early gains. The index remained … Read more F&O: Nifty still looks poised for rally till 12,250; key support is at 12,000

Sensex jumps 100 points, Nifty near 12,100; RIL hits fresh record high

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NEW DELHI: The domestic equity market opened with gains on Monday as traders shrugged the disappointing macro data released on Friday amid firm cues from global peers. India reported July-September quarter GDP growth rate at 4.5 per cent, lowest in over six years. The core sector output also shrank in October. Meanwhile, goods and services … Read more Sensex jumps 100 points, Nifty near 12,100; RIL hits fresh record high

RIL pips BP Plc to become 6th largest energy company

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On Wednesday, Reliance Industries, which is fast nearing the Rs 10-lakh-crore market value mark, overtook BP Plc to become the world’s sixth-largest energy company in terms of market capitalisation. The RIL stock has rallied 6% in the past two days after the group’s telecom arm Reliance Jio Infocomm said it will increase call and data … Read more RIL pips BP Plc to become 6th largest energy company

Too much volatility in returns? Review your MF portfolio every six months

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It may not pay to buy and hold an equity mutual fund forever. The stark contrast in returns between the top performers and the laggards among equity schemes has made it critical for investors to review their holdings more frequently, said investment advisors. For example, in the last one year, the best performing fund in … Read more Too much volatility in returns? Review your MF portfolio every six months

Deal or no deal, some PSU stocks are worth betting on: Sudip Bandyopadhyay

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There are excellent bargains available in the midcap universe in multiple sectors — economy facing as well as traditional consumption sectors, says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital. Excerpts from an interview with ETNOW. What do you make of the optimism that we have seen in the last few days?The environment changed last week and … Read more Deal or no deal, some PSU stocks are worth betting on: Sudip Bandyopadhyay

Jio and Airtel, Voda Idea in new face-off on AGR, sectoral crisis

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NEW DELHI: Billionaire Mukesh Ambani-owned Reliance Jio has criticised industry lobby group COAI for not taking the telco on board on expressing viewpoint to the top echelons of the government, and taking ‘strong exception’ said that it does not represent industry view and that can only exacerbate the contentious relations between the two. The Cellular … Read more Jio and Airtel, Voda Idea in new face-off on AGR, sectoral crisis

RIL to pump Rs 1.08 lakh crore in new digital services subsidiary

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Reliance Industries Ltd (RIL) on Friday said it will set up a new subsidiary to bring all its digital initiatives and apps under a single entity, and infuse Rs 1.08 lakh crore equity into this new unit. The new structure is similar to those adopted by tech titans globally, and will offer a compelling investment … Read more RIL to pump Rs 1.08 lakh crore in new digital services subsidiary

Growth prospects intact, India’s a big opportunity: Anuj Ranjan, Brookfield

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Arguably the most bullish foreign investor for Indian assets, Brookfield is upping its game. In the past one year, it has bought Mukesh Ambani’s gas pipeline, Jio’s telecom towers as well as Hotel Leelaventure. Anuj Ranjan, CEO, South Asia, Brookfield, took time out to explain why he is going after cash flow generating assets in … Read more Growth prospects intact, India’s a big opportunity: Anuj Ranjan, Brookfield

Reliance Industries says on track to produce gas from newer fields by mid-2020

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NEW DELHI: Reliance Industries Ltd has said that it is on track to start production from a new gas field in the flagging KG-D6 block in the Bay of Bengal from mid-2020 even as output from its existing fields continued to fall. Reliance and its partner BP Plc of the UK had in June 2017 … Read more Reliance Industries says on track to produce gas from newer fields by mid-2020

The challenges to turn Air India into an entity attractive to potential buyers

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The past week was an actionpacked one for the long-running disinvestment saga of Air India, the beleaguered flag carrier. On 14 October, the top management of the airline, led by chairman Ashwani Lohani, met the representatives of 13 trade unions of the company in Delhi at Airlines House, off Parliament Street. Around 40-odd union representatives … Read more The challenges to turn Air India into an entity attractive to potential buyers

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