Deals cut by Mukesh Ambani-led Reliance Industries helped overall merger and acquisition (M&A) activity grow 33 per cent in 2020 to USD 36.9 billion, a report said on Friday. The number of dea
Amazon has filed an objection against the Future Retail-Reliance deal in the NCLT. This comes after Future Retail filed an application with NCLT seeking its approval to go through with the deal with R
Reliance Industries Falls After Amazon Tries To Block Future s Asset Sale Reliance Industries: As of 2:19 pm, Reliance Industries shares were trading 1.81 per cent lower at Rs 1,902 in-line with the Sensex which was down 2 per cent
Updated: January 27, 2021 2:30 pm IST
Reliance Industries was the top drag on the Sensex, it alone wiped out 100 points from the index.
Shares of Mukesh Ambani-led Reliance Industries fell as much as 2.43 per cent to hit an intraday low of Rs 1,892.55 on the BSE after Amazon.com on Monday requested a court to block partner Future Group s $3.4 billion deal to sell its retail assets to Reliance Industries, in its latest attempt to derail the deal, a court filing seen by Reuters showed. Amazon has asked the Delhi High Court to enforce the decision of a Singapore arbitrator, which both sides had agreed to use in case of disputes, the filing showed.
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Reliance Industries net profit rose 13 per cent to Rs 13,101 crore
Tata Consultancy Services (TCS) on Monday became the country s most valuable company, surpassing billionaire Mukesh Ambani-led Reliance Industries. TCS share price rose as much as 1.26 per cent to hit a record high of Rs 3,345.25 on the BSE. At the day s highest level, TCS market value touched an all-time high of Rs 12.55 lakh crore, data from BSE showed. (Track TCS share price here)
Reliance Industries became the country s second most valuable company as its shares declined as much as 5 per cent to hit an intraday low of Rs 1,950.30 after the world s largest refining complex reported a 30 per cent decline in its oil-to-chemicals division, but beat profit estimates for the third quarter as it reined in spending.