December 03, 2020 12:18:36 PM IST Market update India’s benchmark stock indices opened on a firm footing on Thursday, but trimmed most of the gains dragged down by losses in the HDFC twins, Infosys and TCS. The Reserve Bank of India (RBI) asked HDFC Bank to temporarily halt all launches …
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Reliance Industries Limited and Reliance Retail Ventures Limited announced Wednesday that General Atlantic will invest ₹ Rs 3,675 crore in RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4,285 million lakh rupees. General Atlantic’s investment will result in a 0.84% …
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The Money Culture, Michael Lewis’ 1991 book on the Wall Street excesses of the 1980s, brought into the mainstream a play on words about “OPM” – other people’s money. He mocked the practice of large corporations of using the money of other companies and investors to make leveraged acquisitions. Continents …
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Reliance Industries Limited and Reliance Retail Ventures Limited announced Wednesday that global investment firm KKR will invest ₹5,550 crore at Reliance Retail, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 million lakh rupees. KKR’s investment will result in a 1.28% …
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The searing rally in Reliance Industries Ltd. shares is becoming a problem for Indian equity mutual funds. The stock has more than doubled since a March low, thanks to President Mukesh Ambani’s fundraising blitz. The rise has increased the company’s weighting on the S&P BSE Sensex to 17.4%, from 11% …
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Reliance Industries shares hit a new record today when they rose as much as 2.5% to ₹Sentiments lifted after Reliance Retail Ventures announced a $ 1 billion investment from Silver Lake Partners on Wednesday. Mint reported that Reliance Retail Ventures is ready to attract additional investments worth $ 5 billion …
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[ad_1] Reliance Industries (RIL) shares today expanded their recent earnings and pushed the company’s market capitalization higher ₹10 lakh crore. RIL’s shares today rose as much as 3% to ₹1,614 at the high of the day, getting closer and closer to its record of ₹1,617, reached in December. The increase …
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