RIL bonus shares: The issuance of bonus shares in a 1:1 ratio was initially announced by Mukesh Ambani during the 28th AGM. RIL bonus share record date: Mukesh Ambani-led Reliance Industries (RIL), a diversified conglomerate spanning from oil to retail, has announced that the record date for determining shareholders eligible for the 1:1 bonus share…
RIL Q2 results: Revenue from operations saw a slight increase of 0.2% year-on-year (YoY), reaching Rs 2.35 lakh crore. RIL Q2 FY25 results: Reliance Industries Ltd (RIL), owned by Mukesh Ambani, announced on Monday a decrease of 5% in its consolidated net profit for the quarter that ended in September 2024, amounting to Rs 16,563…
Representative image Textile manufacturer Alok Industries on Monday said its consolidated net loss widened to Rs 262.10 crore for the second quarter ended September 2024. The company had posted a net loss of Rs 174.83 crore in the July-September period a year ago, according to a regulatory filing from Alok Industries, jointly owned by Reliance…
NEW DELHI: About 193 companies, ranging from Reliance Industries, Larsen & Toubro, Maruti Suzuki, Jubilant FoodWorks and Eicher Motors, have offered over 90,000 internships through the PM Internship scheme portal, which opens to applicants on Oct 12 evening.As of Friday, 90,849 internship opportunities have been posted by 193 companies, including major private sector players, sources…
Mukesh Ambani described Tata as “one of India’s most illustrious and kind-hearted sons.” Reliance Industries Chairman Mukesh Ambani and his wife Nita Ambani paid their last respects to Ratan Tata in Mumbai today. Ratan Tata, the Chairman Emeritus of Tata Sons, passed away due to age-related ailments on Wednesday night.The corporate community was struck with…
Google CEO Sundar Pichai took to X (formerly Twitter) to honor the memory of Ratan Tata, the legendary industrialist and Chairman Emeritus of Tata Sons, who passed away at the age of 86. N Chandrasekaran, Chairman of Tata Sons, confirmed Tata’s passing in an official statement, describing him as “a truly uncommon leader whose immeasurable…
Reliance Retail‘s ethnic handicrafts venture Swadesh has inked its first partnership with luxury designer label Falguni Shane Peacock, executives aware of the development said. “The collaboration may evolve into a deeper strategic partnership in the near future,” one of the executives said. The retail arm of Reliance Industries plans to scale up ethnic handicrafts under…
NEW DELHI: Reliance Industries, India’s largest company by market capitalization, announced its financial results for the first quarter on Friday. The conglomerate, which has interests spanning from retail to telecom, reported a profit that fell short of analysts’ expectations. The lower margins on fuel sales were cited as the primary reason for the disappointing performance.The…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday. While BSE Sensex dipped below 81,300, Nifty50 was near 24,750 levels. At 9:18 AM, BSE Sensex was trading at 81,244.50, down 99 points or 0.12%. Nifty50 was at 24,748.50, down 52 points or 0.21%.The market showed resilience and…
NEW DELHI: Shoppers Stop, India’s oldest department store chain, plans to enter luxury retailing with large-format standalone stores that will sell brands such as Gucci and Louis Vuitton, one person aware of the company’s plans told ET. The new format will also house the Aditya Birla Group’s luxury store The Collective, the person said. The…
