CLSA has an ‘outperform’ rating on Reliance Industries with a target priceof Rs 1,650. Analysts feel Jan-March quarter PAT was a bit ahead of estimates. The management guided Reliance Retail to resume its strong growth trajectory from the current quarter.For the first time, RIL committed to growth via quick comm under 30-minute deliveries offered with…
It's a competitive scenario between RIL and a consortium including Sunil Mittal of the Bharti Group, similar to their existing rivalry in the telecom sector. Reliance Industries Ltd (RIL), under Mukesh Ambani‘s leadership, has positioned itself as a key contender for acquiring a substantial stake in Haier’s Indian operations. The Chinese consumer electronics manufacturer is…
NEW DELHI: Market capitalization of nine of the top-10 most valued companies witnessed a massive decline of Rs 4,74,906.18 crore last week, with Reliance Industries and HDFC Bank suffering the most significant, primarily due to the overall weak performance of the equity markets amid the Middle East conflict and foreign fund outflows. The BSE benchmark…
The combined market capitalization of eight out of the top-10 most valued companies increased Rs 1,21,270.83 crore last week, aligning with the outstanding rally in benchmark equity indices, with the BSE Sensex surging 1,027.54 points or 1.21 per cent. The benchmark hit its record high of 85,978.25 on Friday.Reliance Industries emerging as the biggest gainer,…
NEW DELHI: BP plc is raising its bet on India, the main driver of global energy demand growth, by holding its full board meeting in the country as the UK major’s exploration business faces climate and transition headwinds elsewhere.This is the second time that the BP board is holding meetings in India, which coincides with…
Reliance Industries (RIL), Tata Motors, and Indian Oil Corporation (IOC) are set to be the primary bidders for the government’s experimental project involving green/grey hydrogen (H2) in the transportation sector. This initiative aligns with the government’s goal to decarbonize the Indian economy, lessen reliance on fossil fuel imports, and position India as a leader in…
NEW DELHI: Mukesh Ambani on Saturday emphasised the crucial role of business community in fostering a stronger and more inclusive India.Speaking at an event organised by the Gems and Jewellery Exports Promotion (GJEPC), the chairman and managing director of Reliance Industries expressed confidence in the industry’s potential to achieve USD 100 billion in exports in…
Asia’s richest person Mukesh Ambani and his wife Nita are an inspiration to many. While Mukesh Ambani is the Chairman and Managing Director of Reliance Industries, Nita Ambani is a philanthropist and businesswoman in her own rights. But did you know that Nita hails from a very humble background and was a teacher before getting…
While a lot is being written about Mukesh Ambani and his family, how can one leave behind his mother Kokilaben Ambani– the woman who raised India and Asia’s richest person! Born in pre-Independent India, Kokilaben Ambani is the wife of the late businessman Dhirubhai Ambani and the mother of India’s richest person Mukesh Ambani. Kokilaben…
After the lavish three-day pre-wedding festivities for Anant Ambani and Radhika Merchant in Jamnagar, the Ambanis also hosted a grand celebration for the Reliance employees and their families. What touched our hearts was the richest person in India, Mukesh Ambani‘s humble speech to his employees which is a lesson in humility for all leaders.Mukesh Ambani…
