RIL Shares Jump Nearly 3%, Market Valuation Zooms By Rs 45,887 Crore

[ad_1] At the NSE, it advanced 2.80 per cent to end at Rs 2,508.80. New Delhi: Shares of Reliance Industries jumped nearly 3 per cent on Friday, adding Rs 45,887.8 crore to its market valuation and helping equity benchmark indices end the day with sharp gains. The stock of the country’s most valued firm by … Read more

IT stocks, Reliance boost sensex, Nifty to 5-month high – Times of India

[ad_1] BENGALURU: Indian shares advanced on Friday, with the Nifty 50 rising to a five-month high, led by information technology (IT) stocks and a jump in Reliance Industries, the country’s biggest company by market capitalisation.The blue-chip Nifty 50 index closed 0.97% at 18,499.35, while the benchmark S&P BSE Sensex rose 1.02% to 62,501.69.Both the Nifty … Read more

India to reopen application process for $10 billion in chip incentives – Times of India

[ad_1] NEW DELHI: India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed, including billionaire Anil Agarwal’s $19 billion plan, are taking time to get off the ground.New Delhi plans to reopen the application process for $10 billion in incentives and assistance intended to encourage local chipmaking, … Read more

Reliance Power posts Rs 322 crore net profit in March quarter – Times of India

[ad_1] NEW DELHI: Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023.The consolidated net loss of the company was Rs 657.89 crore in the quarter ended on March 31, 2022, according to a BSE filing.Total income of the company stood Rs 1,856.32 crore in the latest … Read more

Indian shares flat ahead of key earnings; IT, pharma stocks fall – Times of India

[ad_1] BENGALURU: Indian shares were little changed on Tuesday as investors await key quarterly results in a busy earnings week.The Nifty 50 was up 0.03% to 17,749.35, as of 9:51 a.m. IST, while the S&P BSE Sensex gained 0.03%.Seven of the 13 major sectoral indexes declined with information technology (IT) and pharma stocks falling 0.5% … Read more

Nifty: Sensex rallies 346 pts, Nifty near 17,100 on firm global markets – Times of India

[ad_1] MUMBAI: Benchmark Sensex rose by 346 points while Nifty closed near the 17,100 level on Wednesday amid fresh foreign fund inflows and firm trends in global markets.Buying in services, realty, commodities and auto stocks also added to the positive momentum.The 30-share BSE Sensex advanced 346.37 points or 0.60 per cent to finish at 57,960.09. … Read more

Srikanth Venkatachari Becomes New CFO Of Reliance Industries

[ad_1] Mumbai: Reliance Industries Ltd has appointed Srikanth Venkatachari as chief financial officer effective June 1, according a late evening release by the company. He takes over from Alok Agarwal, who has been CFO since 2005, and will now assume the role of senior advisor to Reliance Chairman Mukesh Ambani. Mr Venkatachari is currently the … Read more