Mukesh Ambani-led Reliance Industries becomes second Indian company to join $100 billion club after TCS
6 years, 6 months ago

Mukesh Ambani-led Reliance Industries becomes second Indian company to join $100 billion club after TCS

India TV News  

Mukesh Ambani-led Reliance Industries on Thursday became the second Indian company to enter the $100-billion club. Three months after Tata Consultancy Services Ltd.became India’s first information technology major to breach the $100-billion mark in market capitalisation, Reliance Industries’s market value crossed the milestone for the first time in the last 10 years today. RIL has been able to scale $100 billion in market value despite the rupee depreciating 7.5 per cent against the US dollar. Reason for rally The company’s share price witnessed a strong bull run since Reliance Jio Infocomm Ltd.’s started commercial services on September 5, 2016.

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History of this topic

Reliance Industries shares: Goldman Sachs says selling in stock ‘overdone’, cuts target price
5 days, 3 hours ago

Reliance Industries shares: Goldman Sachs says selling in stock ‘overdone’, cuts target price

Live Mint  

Following an over 17 per cent decline in the last one year, global brokerage firm Goldman Sachs said the recent sell-off in Reliance Industries Ltd shares is "overdone," with the stock price now nearing its "bear case" valuation. However, Goldman Sachs remains confident that RIL’s FY26 EBITDA will grow by 24 per cent year-on-year, supported by favourable dynamics such as …

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%
1 week ago

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%

Live Mint  

Shares of Reliance Industries Limited rose by over 2 per cent in intra-day trading on Wednesday, January 8, as global brokerage firms Bernstein and Jefferies reiterated their bullish views on the stock. According to Bernstein, Jio’s Average Revenue Per User is anticipated to grow by 12 per cent in the near term, even without tariff hikes, supported by subscriber growth …

Reliance share price jumps nearly 2%. Is there more upside and should you buy?
Trending News
1 week ago

Reliance share price jumps nearly 2%. Is there more upside and should you buy?

India Today  

Shares of Reliance Industries Limited climbed over 2% on Wednesday, following a bullish note from foreign brokerage firm Jefferies. The firm reiterated its 'BUY' rating on the heavyweight stock, setting a target price of Rs 1,690, indicating a potential upside of over 30% from current levels. However, the brokerage now expects mid-teens growth in the retail segment, a potential listing …

Upcoming IPO: Rajputana Stainless, Caliber Mining and Regaal Resources files DRHP with SEBI for IPO
1 week, 5 days ago

Upcoming IPO: Rajputana Stainless, Caliber Mining and Regaal Resources files DRHP with SEBI for IPO

Live Mint  

Companies like Rajputana Stainless Ltd, Caliber Mining and Logistics Ltd., and Regaal Resources Ltd., have filed their draft red herring prospectus with the Securities and Exchange Board of India. The offer is a combination of a 1.90 crore fresh issue of shares, along with an offer-for-sale component of 35 lakh equity shares, according to the draft papers. The company is …

Isha Ambani proudly reflects on legacy at Jamnagar Refinery's 25th anniversary celebration
1 week, 6 days ago

Isha Ambani proudly reflects on legacy at Jamnagar Refinery's 25th anniversary celebration

India TV News  

Celebrating 25 years of the Jamnagar Refinery, Isha Ambani-Piramal, Director of Reliance Industries Limited, delivered a heartfelt address to employees and their families gathered to commemorate the occasion. The event marked the journey of one of the world's largest and most complex refineries, a project envisioned by Reliance founder Dhirubhai Ambani and brought to life by Mukesh Ambani's steadfast leadership. …

Reliance spends USD 13 bn on acquisitions in five years
2 weeks, 1 day ago

Reliance spends USD 13 bn on acquisitions in five years

Live Mint  

New Delhi, Dec 31 Billionaire Mukesh Ambani's Reliance Industries Ltd has spent USD 13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for ₹375 crore, adding …

CA Rudra Murthy says 2025 will be the year to buy value, recommends top 10 stocks to buy, sectors he is bullish on
3 weeks ago

CA Rudra Murthy says 2025 will be the year to buy value, recommends top 10 stocks to buy, sectors he is bullish on

Live Mint  

CA Rudra Murthy B.V., founder director of Vachana Investments and author of the Amazon bestseller ‘Mind Markets & Money’, has experienced several stock market cycles in his nearly two-decade-long investing career. In this context, Rudra Murthy suggests that large-cap stocks will perform better in 2025, and investors should steer clear of mid-cap and small-cap stocks where valuation comfort is lacking. …

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock
3 weeks, 2 days ago

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock

Live Mint  

Stock Market Today: Reliance Industries share price remains in a downtrend after hitting a one-year or 52-week high of ₹1,608.95 in July. Mirae Asset Sharekhan has given a target price of ₹1817 for Reliance Industries shares as they remain among its top conviction investment ideas. Jio has revolutionised the Indian telecommunications industry, becoming the dominant player in the domestic telecom …

Billionaire blues for Ambani, Adani as networth slips below $100 billion
Trending News
4 weeks, 2 days ago

Billionaire blues for Ambani, Adani as networth slips below $100 billion

India Today  

'What goes up, must come down', for Mukesh Ambani and Gautam Adani, this couldn’t ring truer at this point of time. Mukesh Ambani and Gautam Adani, who head Reliance Industries and the Adani Group respectively, are facing challenges that have impacted their fortunes and the performance of their companies. MUKESH AMBANI’S WEALTH DROPS BELOW $100 BILLION Mukesh Ambani’s net worth, …

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why
1 month ago

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why

Live Mint  

Reliance Power share price rallied over 3% on Monday after the Anil Ambani-owned company announced settling of loan default by its subsidiary Samalkot Power. In another development last week, the Solar Energy Corporation of India withdrew its order barring Reliance Power from renewable energy tenders. However, on December 3, Reliance Power informed that the Solar Energy Corporation of India withdrew …

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?
1 month, 1 week ago

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?

Live Mint  

Shares of Reliance Industries, India's largest company by market capitalisation, have rebounded strongly in recent sessions, climbing 8% in the last 10 trading days to ₹1,322 apiece. According to domestic brokerage JM Financial, the recent weakness in Reliance Industries' stock can be attributed to a 5-6% downgrade in consensus FY25 EBITDA estimates, driven by weaker-than-expected performance in the O2C and …

Reliance share price jumps 2% on THIS acquisition buzz. More upside possible?
1 month, 2 weeks ago

Reliance share price jumps 2% on THIS acquisition buzz. More upside possible?

Live Mint  

Reliance share price: Shares of oil-to-telecom-to-retail conglomerate Reliance Industries jumped over 2 per cent in intraday trade on BSE on Friday, November 29, a day after the company announced its wholly-owned subsidiary acquired a 21 per cent stake in the US-based Wavetech Helium, Inc. for $12 million. "Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of the …

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%
Top News
1 month, 2 weeks ago

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%

Live Mint  

Reliance Industries Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Reliance Industries shares are trading at price ₹1291.65, 0.3% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Reliance share price jumps 3%; experts see Russia-Ukraine war connect
1 month, 3 weeks ago

Reliance share price jumps 3%; experts see Russia-Ukraine war connect

Live Mint  

Reliance share price: Extending its rally for the second consecutive session, Reliance Industries share price saw strong buying interest during the early morning trade on Monday, November 25. Reliance share price saw a gap-up start and hit an intraday high of ₹1,304.45 on the NSE, marking a gain of around 3 per cent. Soaring oil prices to aid margins Experts …

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%
Top News
1 month, 3 weeks ago

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%

Live Mint  

Reliance Industries Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Reliance Industries shares are trading at price ₹1300, 2.69% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%
1 month, 3 weeks ago

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%

Live Mint  

Reliance Industries Share Price Today on 22-11-2024: At 22 Nov 12:09 today, Reliance Industries shares are trading at price ₹1240.2, 1.39% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Mukul Agrawal portfolio: Multibagger stock PTC Industries jumps 4% as Q2 profit surges over 100%
1 month, 4 weeks ago

Mukul Agrawal portfolio: Multibagger stock PTC Industries jumps 4% as Q2 profit surges over 100%

Live Mint  

Mukul Agrawal Portfolio: Shares of PTC Industries, an engineering component manufacturer, surged 4.3% to ₹11,550 in intraday trade on Monday, November 18, after the company reported a strong set of numbers for the September-ending quarter. The net profit stood at ₹17.31 crore in Q2 FY25, compared to ₹8.14 crore in Q2 FY24, a robust growth of 112.7% YoY. Mukul Agrawal's …

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more
2 months ago

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more

Live Mint  

From Sensex, Nifty 50 sliding for 6th day to Reliance-Disney completing transaction to imposition of GRAP 3 In Delhi, here are today's top stories. Reliance, Disney complete transaction for $8.5-billion merger deal to create India’s largest media powerhouse Reliance-Disney merger: Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house …

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
2 months ago

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?

Live Mint  

For investors in Reliance Industries, foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might come as a respite, especially amid the sell-off in the counter, which has pushed it into bear territory. Key Upside Trigger The reason behind CLSA’s bullish stance is RIL’s new energy business worth $40 billion, which it believes the market is ignoring. …

The Tatas of South India deserve your attention, dear investor—here’s why
2 months ago

The Tatas of South India deserve your attention, dear investor—here’s why

Live Mint  

In India’s vast corporate landscape, several business groups have made their mark, yet few stand as tall as the Tata Group. Today, nearly a century after its return to India, Dewan Bahadur’s Chennai-based enterprise, the Murugappa Group, stands as one of the country’s largest family-owned businesses. Notably, the group now boasts two companies with a market capitalization exceeding ₹1 trillion: …

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%
2 months ago

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%

Live Mint  

Reliance Industries Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.1, 0% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%
2 months ago

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%

Live Mint  

Reliance Industries Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.05, -0.85% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice
2 months, 1 week ago

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice

Live Mint  

Reliance Power share price: Shares of Anil Ambani's Reliance Power opened at a 5% lower circuit at ₹41.47 on the BSE on Friday, November 8, following a notice from the Solar Energy Corporation of India Limited. The notice stated that Reliance Power and its subsidiary are barred from participating in SECI tenders for the next three years. SECI has barred …

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%
2 months, 1 week ago

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%

Live Mint  

Reliance Industries Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Reliance Industries shares are trading at price ₹1305.65, -1.5% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%
2 months, 1 week ago

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%

Live Mint  

Reliance Industries Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Reliance Industries shares are trading at price ₹1325.55, 1.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business
4 months, 2 weeks ago

Isha Ambani Charts Out Expansion Plans For Reliance Retail's Food, Grocery Business

News 18  

Reliance AGM 2024: Isha Ambani, the Director of Reliance Retail Ventures Limited, shared the latest updates and plans for the retail business. Talking about plans for Reliance Retail during the 47th AGM of Reliance Industries on August 29, Isha Ambani said that the business is establishing 7-Eleven stores as a leading 24×7 convenience destination, offering localised fresh food and beverages …

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars
4 months, 2 weeks ago

RIL AGM 2024: Reliance Retail Among Top-5 Global Retailers In Store Numbers, Mukesh Ambani Shares 6 Pillars

News 18  

Reliance AGM 2024 Live: Reliance Industries chairman Mukesh Ambani on Thursday announced that Reliance Retail is among the top 5 global retailers in terms of number of stores. During the year, Reliance Retail undertook an equity fund raise of ₹17,814 crore, achieving a valuation milestone of USD 100 billion. Mukesh Ambani shared six pillars of retail business; “First, the retail …

Reliance Industries 47th AGM: RIL To Consider 1:1 Bonus Share Issue At Sept 5 Board Meeting
4 months, 2 weeks ago

Reliance Industries 47th AGM: RIL To Consider 1:1 Bonus Share Issue At Sept 5 Board Meeting

ABP News  

Reliance Industries 47th AGM: Chairman and Managing Director of Reliance Industries, Mukesh Ambani, said during the RIL's Annual General Meeting on Thursday that the RIL is set to discuss a proposed 1:1 bonus share issue at its upcoming board meeting on September 5. "At 1.45 pm today, Reliance Industries Limited has sent a notice to the stock exchanges that the …

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio
4 months, 2 weeks ago

Reliance AGM 2024: Mukesh Ambani says Reliance will consider issuing bonus shares in 1:1 ratio

India TV News  

Reliance AGM 2024: Reliance Industries Chairman Mukesh Ambani on Thursday addressed the shareholders at the RIL AGM 2024 and said Reliance is truly blessed to make humble but crucial contribution to India. Mukesh Ambani said that the Reliance will be holding a board of directors meeting on September 5 to consider issuing bonus shares in the ratio of 1:1. We …

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP
5 months ago

Ambanis: Asia’s richest family’s wealth is 10% of India’s GDP

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mukesh Ambani’s 29-year-old son Anant’s over-the-top wedding festivities started …

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail
6 months, 1 week ago

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail

Live Mint  

Stock Market Today: Reliance Industries share price having gained more than 20% year to date is poised for more upside believe analysts. UBS Research target price of ₹3420 indicates almost 10% more upside for Reliance Industries share price trading at close to ₹3110 levels Consumer business to drive earnings. UBS expects Reliance Q1 FY25 Ebitda at around ₹40,200 core, up …

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
6 months, 2 weeks ago

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?

Hindustan Times  

Morgan Stanley said that Reliance Industries Ltd can add up to $100 billion to it market capitalisation in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up. Investments made in new energy, retail expansion to take market share from the unorganised sector, and repurposing of existing energy businesses provide a long runway …

Gautam Adani replaces Mukesh Ambani as richest Asian
7 months, 1 week ago

Gautam Adani replaces Mukesh Ambani as richest Asian

Hindustan Times  

Billionaire Gautam Adani has once again surpassed Reliance Industries head Mukesh Ambani to become the richest person in Asia after a surge in stock price of the listed companies in his conglomerate, according to Bloomberg Billionaires Index. Reliance Industries head Mukesh Ambani and Gautam Adani As per the index, Adani is now ranked as the 11th richest in the world …

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments
7 months, 2 weeks ago

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments

Live Mint  

Here are the top ten stocks that are likely to be in news on Friday: Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, …

Reliance Industries seeks CCI approval for Viacom18-Star India merger
7 months, 3 weeks ago

Reliance Industries seeks CCI approval for Viacom18-Star India merger

The Hindu  

Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India for the $8.5-billion merger of Viacom18 and Star India Pvt Ltd. "The proposed transaction aims to combine the entertainment businesses of Viacom18, part of Reliance Industries Ltd group and SIPL, wholly-owned by The Walt Disney Company. "As a result of the transaction, SIPL, currently …

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4
8 months ago

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4

New Indian Express  

MUMBAI: The nation’s largest lender State Bank of India has reported record quarterly and annual profit numbers with a 24 percent growth in the March quarter earnings at Rs 20,698 crore—the highest in the entire India Inc including that of the otherwise most-profitable Reliance Industries, while annual profit peaked at Rs 61,077 crore. At Rs 20,698 crore, SBI’s March quarter …

Hinduja overhauls corp structure for Reliance Capital deal
8 months, 1 week ago

Hinduja overhauls corp structure for Reliance Capital deal

New Indian Express  

NEW DELHI: The successful bidder for Reliance Capital – IndusIndia International Holding Ltd – has changed the entire corporate structure of the transaction for implementation of the resolution plan 20 days ahead of the deadline for completion of the process. Under the new structure, the transaction will take place through four new companies -- Cyqure India Private Limited, Ecopolis Properties …

RIL Q4 results today: Here are key things to track and look out for
8 months, 3 weeks ago

RIL Q4 results today: Here are key things to track and look out for

Hindustan Times  

Reliance Q4 results today: Mukesh Ambani-led Reliance Industries Ltd. is set to release its March quarter results today. Date and time of RIL Q4 results: Reliance Industries- India’s largest company in terms of market capitalisation- will declare the results of the fourth quarter of financial year 2023-24 today. RIL Q4 results expectations: Prabhudas Lilladher expects the conglomerate to report 10.7 …

Forbes Richest List 2024: Mukesh Ambani to Gautam Adani, here are India's 10 richest people
9 months, 1 week ago

Forbes Richest List 2024: Mukesh Ambani to Gautam Adani, here are India's 10 richest people

Hindustan Times  

Forbes Richest List 2024: Mukesh Ambani to Gautam Adani, here are India's 10 richest people Here are India's 10 richest individuals according to the Forbes World's Billionaires List 2024.. 1 / 11 Forbes Richest List 2024 showcases the wealth and success of India's top billionaires, highlighting their net worth and the companies they lead. Mukesh Ambani leads as India's wealthiest …

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2
9 months, 1 week ago

Forbes Richest List 2024: India Adds 25 New Billionaires, Mukesh Ambani Tops In India, Gautam Adani At 2

News 18  

India added 25 new billionaires this year, increasing the total number of billionaires in the country to 200 as compared to 169 last year, according to the latest ‘Forbes World’s Billionaires List 2024′. Among Indians, Reliance Industries Ltd CMD Mukesh Ambani topped the billionaires’ list with a total networth of $116 billion, followed by Gautam Adani, Shiv Nadar, Savitri Jindal …

’Retail investors’ top holdings tell a different story…’ Nikhil Kamath, Zerodha
10 months, 2 weeks ago

’Retail investors’ top holdings tell a different story…’ Nikhil Kamath, Zerodha

Live Mint  

The retail investors in the Indian stock market seem to be investing mostly in the companies which are popular and have strong consumer appeal. A data shared by Nikhil Kamath Co-Founder of Zerodha on social media platform X showed that the top holdings of retail investors in the Indian market included prominent companies like Reliance Industries, HDFC Bank, Larsen & …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
11 months ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Mukesh Ambani's Reliance set to acquire over 50% stake in Disney India, says report
11 months, 1 week ago

Mukesh Ambani's Reliance set to acquire over 50% stake in Disney India, says report

Hindustan Times  

Reliance Industries Limited, led by billionaire Mukesh Ambani, is set to acquire over 50 percent stake in Disney India in preparation of the mega-merger between the two media entities in a few months, reported Reuters. Ambani's Reliance is expected to pick up around 51-54 percent stake in the company, valuing the US giant's domestic business at $3.5 billion. The deal …

Reliance share price at record high: What exactly is happening and why
11 months, 2 weeks ago

Reliance share price at record high: What exactly is happening and why

Hindustan Times  

Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. Reliance Share Price: Reliance Industries Chairman, and Managing Director Mukesh Ambani. With its market capitalisation crossing ₹19 lakh crore, Reliance Industries is the most valued company in the Indian stock market. This …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months, 3 weeks ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
1 year ago

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%

Live Mint  

Mukesh Ambani is once again a centibillionaire. The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. The listing last year of Reliance’s financial services unit, Jio Financial Services Ltd., helped to broaden the …

Mukesh Ambani's net worth crosses $100 billion, dethrones Gautam Adani as Asia's richest man
1 year ago

Mukesh Ambani's net worth crosses $100 billion, dethrones Gautam Adani as Asia's richest man

Hindustan Times  

Reliance Industries chairman Mukesh Ambani has once again climbed to the top as Asia's richest man after dethroning Gautam Adani. Mukesh Ambani, who has dropped down to the 13th position on the Bloomberg Billionaire Index, is now the richest man in India once again with a net worth of $102 billion on Friday, adding nearly $3 billion to his net …

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?
1 year ago

Gautam Adani fortune tanked ₹3 lakh crore in 2023. How Mukesh Ambani fared?

Hindustan Times  

Gautam Adani's fortune saw a significant decline of $37.3 billion, reaching $83.2 billion, marking a 31 per cent decrease, according to Bloomberg Billionaires Index. The chairman of Reliance Industries has a fortune standing at $97.1 billion, reflecting a notable increase of $9.98 billion, registering 11.5 per cent growth in 2023. Tech billionaires witnessed a 48 per cent increase in their …

RIL to Adani Enterprises, stocks that shone in the market for the last five year
1 year, 1 month ago

RIL to Adani Enterprises, stocks that shone in the market for the last five year

Live Mint  

India’s giant conglomerates like Reliance Industries Limited and Adani Enterprise were the driving force behind the growth story of the Indian stock market for the last five years. During 2018-23, RIL emerged as the largest wealth creator for the stock market investors, whereas, Adani Enterprises was labelled as the best all-rounder wealth creator by Motilal Oswal in its ‘Annual Wealth …

Gautam Adani climbs world’s rich list, close to overtaking Mukesh Ambani’s spot
1 year, 1 month ago

Gautam Adani climbs world’s rich list, close to overtaking Mukesh Ambani’s spot

Live Mint  

Billionaire Gautam Adani has climbed to the 15th spot in the Bloomberg Billionaire Index as of December 6, reaching within close distance of India's and Asia's richest man Mukesh Ambani. With net worth of $82.5 billion, the Adani Group founder is now the world's 15th richest person and the second richest Indian and Asian on the list. Subsequent to these …

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