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METRO completes Rs 2,850 cr deal with Reliance Retail to sell its India Cash & Carry business

German retailer METRO AG has completed the sale of its Indian cash & carry business to Reliance Ret…

PTI   


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NCLT grants 90 days extension to Future Retail for concluding insolvency

The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate I…

PTI   


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Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch

India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …

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Sensex halts 2-day gaining streak, falls 290 pts to close below 58K

Equity benchmark Sensex declined 290 points in a volatile session to settle below the 58,000 mark o…

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Sensex, Nifty50 shrug off weak global cues to end higher on expiry day

Indian benchmark indices on Thursday closed higher amid expiry of the monthly futures and options (…

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JioMart taps WhatsApp to deliver groceries, vegetables

Ordering groceries, vegetables and daily essentials is just a WhatsApp away as billionaire Mukesh A…

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RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL

JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary …

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Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…

PTI   


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Mukesh Ambani calls Jio, Reliance Retail and oil-to-chemicals as 'hyper growth engines'

"We now have a strong balance sheet with high liquidity that will support growth plans for our t…

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Reliance reports Q1 net profit at Rs 16,011 cr as consumer businesses continue to shine

Reliance Industries (RIL) reported a net profit of Rs 16,011 crore for the quarter ended 30 June 20…

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Supreme Court allows Future Retail to approach Delhi High Court for Reliance Retail deal

A bench headed by Chief Justice N.V. Ramana asked the high court to pass an appropriate order wh…

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Tata Consumer to acquire Bisleri for around Rs 7,000 crore: Report

Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estim…

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Global trends, crude oil prices, Q2 earnings to drive D-Street in holiday-shortened week: Analysts

Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movemen…

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Sensex sheds 500 points, Nifty 50 down 150 on RIL and weak global cues

Indian stock markets opened lower, following its Asian peers. However, the shares of RIL which fell…

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Reliance has to pay ₹6 per litre of petrol & ₹13 for diesel exported as tax — but rising margins may cushion it

India’s new windfall taxes on energy companies will see export-oriented oil refiners like Reliance …

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RIL shares jump 3% as Future Retail deal gets CCI nod

Its shares on the BSE touched an intra-day high of Rs 1,970 per share. At 11.42 a.m., the sha…

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Reliance's financial unit Jio Financial Services valued at $21 billion

JFSL, the demerged financial services unit of Reliance Industries, was valued at about USD 21 billi…

PTI   


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Markets bounce back on fag-end buying in RIL, ITC

Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Relia…

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Future Retail's independent directors haved turned down Amazon's financial support offer

FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to gi…

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Mukesh Ambani's Reliance Retail to run 7-Eleven convenience stores in India

"RRVL, through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered in…

PTI