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Reliance, Tata, Serum Institute on TIME's most influential companies list

Reliance, Tata shine in TIME's top companies list

May 30, 2024, 10:51 PM - 2 min read

Billionaire Mukesh Ambani's Reliance Industries, Tata Group, and Serum Institute have made it to TIME's list of the 100 World's Most Influential Companies of 2024.

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In the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants' 500 MW of electricity for captive use.

Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project

March 29, 2024, 10:02 AM - 2 min read

Adani aspires to be the world's largest renewable energy producer by 2030 while Reliance is building four gigafactories at Jamnagar in Gujarat -- one each for solar panels, batteries, green hydrogen, and fuel cells.

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In today's trading session, the Indian stock market witnessed a notable uptick, with both the Sensex and Nifty finishing on a high note.

Sensex gains 526 points, Nifty rises 118.95 points; RIL, Maruti Suzuki, private bank stocks lead the charge

March 27, 2024, 04:20 PM - 2 min read

Vinod Nair, Head of Research at Geojit Financial Services, attributed the market's upward trajectory to stock-specific movements and robust underlying economic factors. He emphasized the presence of strong undercurrents driving the market sentiment, leading to the day's gains.

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Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday supported by buying in index majors Reliance Industries and Maruti.

Sensex, Nifty rebound early wednesday on reliance industries and maruti buying

March 27, 2024, 10:24 AM - 2 min read

From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers, while Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.

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Images of Notable businessmen who bought electoral bonds.

EC records show 15 notable corporate figures, including Lakshmi Mittal, bought electoral bonds

March 19, 2024, 09:42 AM - 2 min read

According to the data, the BJP has emerged as the top recipient of funds through electoral bonds since their introduction in 2018, totalling Rs 6,986.5 crore. Following closely were West Bengal's ruling party, the Trinamool Congress, with Rs 1,397 crore, the Congress with Rs 1,334 crore, and BRS with Rs 1,322 crore.

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Qwik Supply Chain Private Limited, a little-known company with registered address at Navi Mumbai's Dhirubhai Ambani Knowledge City (DAKC) and having links to Reliance Industries, was the third largest donor to political parties using electoral bonds.

Qwik supply, affiliated with Reliance, ranks as third largest purchaser of electoral bonds; Reliance clarifies non-subsidiary status

March 15, 2024, 01:41 PM - 2 min read

Electoral bond purchases and donations by Qwik Supply were behind Rs 1,368 crore of Future Gaming and Hotel Services - another little-known lottery company and Rs 966 crore of Hyderabad-based Megha Engineering & Infra, according to information uploaded by the Election Commission on its website.

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Reliance Industries Limited (RIL) witnessed a significant surge in its stock price on Thursday morning, climbing over 1 percent, fueled by the news of an impending acquisition

Reliance Industries to acquire paramount global's stake in Indian TV business, stock surges

March 14, 2024, 11:19 AM - 2 min read

Paramount Global clarified that even after the transaction's completion, it would persist in licensing its content to Viacom18. Meanwhile, Reliance highlighted in its filing that Viacom18 stands as a significant subsidiary of TV18 Broadcast Ltd., with Reliance presently holding compulsorily convertible preference shares amounting to 57.48 percent equity stake on a fully diluted basis.

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Reliance Industries Limited, Viacom 18 Media Private Limited (Viacom18), and The Walt Disney Company have announced a strategic joint venture.

Reliance and Disney announce landmark joint venture, Nita Ambani to lead as chairperson

February 28, 2024, 09:04 PM - 2 min read

This strategic partnership aims to establish a leading TV and digital streaming platform for entertainment and sports content in India, consolidating renowned media assets such as Colors, StarPlus, StarGOLD, Star Sports, and Sports18. The joint venture will serve over 750 million viewers across India and cater to the global Indian diaspora.

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Reliance Industries Ltd (RIL) on Tuesday became the first Indian company to achieve a market capitalization of Rs 20 lakh crore.

RIL becomes first Indian co to touch Rs 20 lakh cr market capitalisation

February 14, 2024, 11:46 AM - 2 min read

Reliance Industries Ltd (RIL) secured the 45th spot which was highest for the Indian company, on Forbes latest Global 2000 list of public companies worldwide, was ranked ahead of well-known names like Germany’s BMW group, Switzerland Nestle, China’s Alibaba Group, US-based Procter & Gamble and Japan’s Sony.

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The Bombay Stock Exchange has shown signs of climbing back to higher numbers after the interim budget session

Market bounces back in early trade as Sensex climbs 846 points, Nifty up by 256

February 2, 2024, 11:00 AM - 2 min read

Among the Sensex firms, Reliance Industries, ICICI Bank, Power Grid, Infosys, NTPC, Tech Mahindra, Tata Consultancy Services and UltraTech Cement were the major gainers.

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The 30-share BSE Sensex fell by 801.67 points the Nifty declined 215.50 points

Sensex falls by 802 points; selling in Reliance ,ITC and Bajaj drag index down

January 30, 2024, 05:29 PM - 2 min read

The 30-share BSE Sensex fell by 801.67 points or 1.11 per cent to settle at 71,139.90. During the day, it plummeted 865.85 points or 1.20 per cent to 71,075.72. The Nifty declined 215.50 points or 0.99 per cent to 21,522.10.

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RIL shares jump 6.8%, m-cap stands at `19.59 lakh crore

Markets surge on global optimism and budget expectations, RIL and ONGC lead gains

January 30, 2024, 11:26 AM - 2 min read

The BSE Sensex surged by 1,241 points to close at 71,941.57, while the NSE Nifty Index soared 385 points to reach 21,737.60, marking a 1.8 percent increase in both indices.

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