India’s Nifty 50 index reached 25,000 for the first time in 220 sessions since hitting 20,000 on September 11, 2023. The benchmark index surged nearly […]
Tag: Reliance Industries
Tesla and Reliance Industries in Talks to Forge EV Manufacturing Venture in India
Tesla and Reliance Industries Ltd. are currently engaged in preliminary discussions regarding the establishment of an electric vehicle (EV) manufacturing plant in India, as reported […]
Moody’s Affirms Reliance Industries’ Baa2 Rating with Stable Outlook Amidst Strong Growth Prospects
Moody’s has confirmed Reliance Industries Limited’s (RIL) credit rating at Baa2 with a stable outlook. The affirmation is based on RIL’s significant market presence, diverse […]
Market Insights: Citi Downgrades Reliance, Upgrades Ultratech Cement, and More in Latest Brokerage Reports
1. Reliance Industries (CITI): – Rating downgraded to ‘neutral,’ target at 2,910. – FY24-26E EBITDA raised by 2-5%, driven by Jio, retail, and O2C. – […]
Reliance Industries Q3 Results: Steady Growth Across Industries – Jio, Retail, and Consolidated Figures Revealed
Reliance Industries Limited:– Consolidated revenues for Q3FY24 reached Rs 248,160 crore, showing a 3.2% YoY increase, supported by sustained growth in consumer businesses.– Quarterly EBITDA […]
Brokerage Reports: 19th December 2023
Jefferies’ View on ITC:Recommendation: Buy, Target Price: Rs 530(BAT) is encountering challenges due to volume declines and a significant debt load, leading to its valuation […]
Vibrant Gujarat 2024 Highlights:
During Vibrant Gujarat 2024, Memorandums of Understanding (MOUs) worth a staggering ₹45.2 lakh crore were inked, surpassing the 2019 edition which saw 28,300 MOUs and […]
JIO and Airtel Set to Increase Mobile Tariffs by 20% in Q3 2024, Focusing on 5G RoCE Enhancement
• JIO and Airtel are anticipated to raise mobile tariffs by a minimum of 20% in the September quarter of 2024. • This strategic move […]
Luxury Meets Authentic Italian Delights: Nonna’s Opens Fourth Outlet at Jio World Plaza
Building upon the success of its distinguished locations in Mumbai and Pune, Nonnas, Indias first original sourdough pizzeria, proudly presents its fourth, and most stunning […]