Calling it an ‘early Diwali gift’, Mukesh Ambai-owned Reliance Industries approved a 1:1 bonus share issue earlier this week and the historical data suggests that the record date might be in October. “The Board of Directors of Reliance Industries Limited (RIL) today approved the issue of bonus shares in the ratio of 1:1 i.e. every … Read more
At the 47th Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), the country’s largest conglomerate, several significant announcements are anticipated that could unlock value in the company’s shares. Jio’s focus on monetisation with recent tariff hike and completion of 5G rollout has been leading the growth engine for the conglomerate. “Jio’s growth is driven … Read more
Shares of Reliance Consumer Products-owned Lotus Chocolate surged 10% in the last 2 days to freeze at its upper circuit today at its new all-time high of Rs 772.50 after the company reported a drastic jump in its Q1 profit after tax (PAT). Lotus Chocolate has posted a net profit of Rs 9.41 crore for … Read more
Mumbai: With a week to go before the exclusivity period deadline for bilateral negotiations comes to an end on February 17, Walt Disney Co and Reliance Industries (RIL) are in the last leg of negotiations to finalise their mega stock-and-cash merger to create India’s largest media and entertainment business, said people in the know. Under … Read more
