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reliance industries: With BP as ally, Reliance Industries wants to dominate the highway retail market

Reliance BP Mobility, the fuel marketing joint venture of Reliance Industries and UK’s BP, is planning to open retail outlets including convenience stores and food joints at a number of its fuel stations, mainly along the highways. Reliance Retail will operate these outlets, including its Smart Point convenience stores, digital stores, charging points for electric vehicles, cafés and other food and beverages outlets, people familiar with the matter said. The company is also talking other fo...
United Kingdom Knight Frank Smart Point Cube Highways ஒன்றுபட்டது கிஂக்டம் நைட் வெளிப்படையான

Stocks in the news: Banks, Vodafone Idea, Dixon, Lupin and NMDC

Stocks in the news: Banks, Vodafone Idea, Dixon, Lupin and NMDC SECTIONS Last Updated: Jul 02, 2021, 08:31 AM IST Share Synopsis Banking stocks, telecom service providers and IT hardware manufacturing counters will be at the focus of investors. A few auto companies may lead the action during the session. Reuters Stocks in focus: Bharti Airtel, Vodafone Idea, Hero Motocorp, Lupin, Cadila Healthcare, Equitas Small Finance Bank, Coforge, Reliance Infra and more Nifty futures on the Singapore Excha...
Tamil Nadu Bharti Airtel Dinesh Pangtey Anil Ambani Equitas Small Finance Bank Bank Stocks

ETMarkets Morning Podcast: Nifty EPS targets top pre-Covid levels. What does it mean?

ET Markets RadioTune in now for Markets news, views & cues ETMarkets Morning Podcast (ET Online) Nifty EPS targets top pre-Covid levels. What does it mean? 04:55 Min | July 02, 2021, 8:56 AM IST Tune in as we tell you whats happening in the market, whats making news this morning, and look at some of the buzzing stocks. Tags Transcript Hi there, Good Morning. Welcome to ETMarkets Morning podcast, the show about money, business and markets. I am Sabari Saran. Lets start with the headlines first ...
Sabari Saran Jp Morgan Credit Suisse Goldman Sachs Singapore Exchange Voda Idea

Reliance Infrastructure in talks with Cube HIghways for sale of four road assets

MUMBAI: Reliance Infrastructure Ltd (RInfra) is in discussions with Singapore based-Cube Highways for the sale of its four road assets for an enterprise value of Rs 1,430 crore, sources said. RInfra will use the proceeds from the sale to reduce debt. Cube Highways is promoted by I Squared Capital,  (a wholly-owned arm of the Abu Dhabi Investment Authority) , International Finance Corporation and a consortium of Japanese investors, including Mitsubishi Corporation and Japan Overseas Infrastruct...
Abu Dhabi Abuz Aby United Arab Emirates Tamil Nadu Japan Overseas Infrastructure Investment Corporation Pvt Ltd

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Stocks in the news: RIL, SBI, Future Retail, Dalmia Bharat and Vedanta

Explore Now Dalal Street looked set to see some weakness on Monday, as the Maharashtra government’s decision on Sunday to bring in stricter curbs to contain the spread of coronavirus is widely expected to test the recent strength in stocks. That said, here is a list of stocks buzzing this morning. Reliance Industries: Billionaire Mukesh Ambanis Reliance Industries said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate u...
Uttar Pradesh Dalmia Bharat Vedanta Cairn Oil Gas Karnataka Bank Steel Authority Of India Il Fs Securities Services

Bharat Road Network gains on monetizing UP-based road project

Bharat Road Network (BRNL) rose 2.22% to Rs 29.95 after the company, along with its partners, signed a deal with Cube Highways for the sale of a 126-kilometre road project in Uttar Pradesh (UP), India.Singapore-based Cube Highways and Infrastructure invests in road and highway projects, along with other select infrastructure sectors in India. The share purchase agreement provides for the sale of entire stake in Ghaziabad Aligarh Expressway, the special purpose vehicle (SPV) engaged in the deve...
Uttar Pradesh Bajrang Kumar Choudhary Bharat Road Network Cube Highways India Singapore Based Cube Highways Ghaziabad Aligarh Expressway

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