[ad_1] Mumbai: Ingenious futures on the Singapore Stock Exchange traded 89.50 points or 0.97 percent higher at 9,311.50 in early trading on Monday. But they were still trading much lower than Thursday’s Nifty close of 9,859.90. The domestic market closed on Friday because of Maharashtra Day. Entering Monday’s session, Dalal …
Read More »With a ratio of 1:15, RIL plans the largest offer of rights in India
[ad_1] MUMBAI: Reliance Industries (RIL), India’s most valuable company, plans to raise Rs 53.125 billion through a rights offer of Rs 1,257 per share, a 14% discount at the close of action on Thursday at BSE at 1,467 rupees. This is RIL’s first public fundraiser in three decades and the …
Read More »RIL Q4 Results: Profit falls 39% yoy to Rs 6,348 crore, loses street estimates
[ad_1] NEW DELHI: Reliance Industries (RIL) on Thursday reported a 38.73 percent year-on-year (year-on-year) drop in consolidated net profit of Rs 6.348 billion for the quarter ended March 31. RIL’s bottom line took a hit due to an exceptional loss of Rs 4.267 crore during the quarter. Analysts in an …
Read More »RIL to consider rights issue, announce Q4 nos on April 30. What to expect?
[ad_1] Reliance Industries (RIL) on Monday announced that its board would consider a proposal to issue equity shares to existing shareholders on a rights basis during its board meeting on April 30 (Thursday). That apart, the company will also announce its results for the quarter ended March 2020 (Q4FY20) on …
Read More »Goal zero net debt? RIL Board to consider rights issue on April 30
[ad_1] Reliance Industries (RIL) said Monday that its board would consider a proposal to issue shares to existing shareholders for rights, during its meeting on Thursday. Analysts see the move as a gamble to help the company reach its zero net debt target, if other stake sale plans are delayed. …
Read More »Trusted industries: Five of the top 10 companies add Rs 1.63 lakh cr in m-cap; RIL shines
[ad_1] New Delhi: Five of the top 10 national companies added Rs 1.63,795.48 crore in market capitalization last week, with RIL accounting for the majority of earnings. Tata Consultancy Services (TCS), HDFC Bank, Infosys and Kotak Mahindra Bank were the other companies in the Top 10 list that saw an …
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