Feb. 22: As expected, Reliance Industries was amongst the better performing stocks in the markets on Tuesday. The share price of RIL was up almost 3 per cent on the Bombay Stock Exchange on a day when broader markets were down. The fall in stock markets would have been much worse otherwise. Following the $7.2 [...]
The markets have opened lower on negative global sentiments. The Sensex was trading 154 points lower at 18,283 and the Nifty declined 48 points to 5,470 at 9.37 am. The markets closed gap up on Monday but overnight global sentiments have turned negative affecting investors on the Dalal Street. Asian markets were trading with deep [...]
SOURCE: Industrial Info Resources TOKYO, JAPAN–(Marketwire – February 8, 2011) – Researched by Industrial Info Resources (Sugar Land, Texas) — Reliance Petroleum Limited (RPL), a subsidiary of Reliance Industries Limited (BSE:500325) (RIL) (Mumbai), began a shutdown of a 130,000-barrel-per-day (BBL/d) fluid catalytic cracker unit (FCCU) at its Jamnagar refinery over the weekend. The FCCU and [...]
Contributed by Keynote Capitals Date: January 28, 2011 The key benchmark extended losses to hit fresh 4-1/2-month lows in mid-afternoon trade as European stocks dropped in early trade. Data showing heavy selling by foreign funds on Thursday, 27 January 2011, and fears of more rate hikes from the Reserve Bank of India to tame inflation, [...]
Jan 21, 2011 (Mint – McClatchy-Tribune Information Services via COMTEX) — Gujarat is ready to leapfrog into its next phase of growth, according to the panellists of “Clarity Through Debate–Gujarat Unleashed: How can Gujarat continue to lead Indian industry’s growth agenda”, a discussion held in Ahmedabad on Tuesday. The chief guest was Saurabh Patel, minister [...]
Identifying scale as an immediate priority, Reliance Retail Ltd (RRL), a subsidiary of billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL), intends to renew a rapid expansion drive to compete with mom-and-pop outlets and street markets, besides rival store chains. “There is an opportunity for 2,000-5,000 stores. (The) opportunity is there. Scaling to do it fast [...]
Mumbai: Identifying scale as an immediate priority, Reliance Retail Ltd (RRL), a subsidiary of billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL), intends to renew a rapid expansion drive to compete with mom-and-pop outlets and street markets, besides rival store chains. “There is an opportunity for 2,000-5,000 stores. (The) opportunity is there. Scaling to do it [...]
Mphasis Research: J P Morgan Rating: Neutral CMP: Rs 616 Mphasis reported Q3FY10 results with revenues of Rs1,280 crore, 7% above estimates although all of the growth was driven by the unexpected price increase in the infrastructure business. EBIT of Rs275 crore was flat q-o-q in absolute terms. Net profit was up 1.5% q-o-q helped [...]
Anand Tandon, Director & Head Equities, Brics Securities in an interview with ET Now talks about Reliance Industries and oil marketing companies. How would you look at Reliance Industries and if possible, give us a view on whether or not you would look at the oil marketing companies at this point of time? Unless there [...]
MUMBAI: The capital market regulator has rejected a second attempt by India’s largest private sector firm, Reliance Industries (RIL), to settle charges of insider trading out of court. The Securities and Exchange Board of India, or Sebi, will instead continue its investigation into trades carried out by entities allegedly linked to RIL, in November 2007, [...]