[ad_1] Reliance Industries Ltd (RIL) reported on July 21 a year-on-year decrease of 6 percent in the consolidated net profit at Rs 18,258 crore in the first quarter of the financial year 2023-24 as muted performance in the oil-to-chemicals partly offset the strong growth in consumer-facing businesses The conglomerate’s consolidated total revenue in the June … Read more
[ad_1] MUMBAI: The financial services business of India’s Reliance Industries will be valued at Rs 160-190 per share, according to estimates by five analysts, with the impending demerger boosting the stock price of the country’s most valuable company.Reliance Strategic Investments Ltd – to be renamed Jio Financial Services (JFS) Ltd – will be demerged on … Read more
[ad_1] MUMBAI: Reliance Strategic Investments (RSI), to be known as Jio Financial Services in the future, has announced that Isha Ambani, daughter of Reliance Industries (RIL) chairman Mukesh Ambani, will join its board as a non-executive director.The announcement comes ahead of RIL merging its financial services business with RSI and subsequently listing the latter on … Read more
[ad_1] NEW DELHI: Billionaire Mukesh Ambnai’s daughter Isha and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd, the company said on Saturday.Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list … Read more
[ad_1] Stocks to Watch on July 4: Nifty futures traded 4.5 points, or 0.02 per cent, higher at 19,443.50, signaling that Dalal Street was headed for muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. IDFC, IDFC First Bank: The board of IDFC First Bank has approved … Read more