Mumbai: The Securities and Exchange Board of India(Sebi) has imposed a total penalty of Rs 25 crore on current and former promoters of Reliance Industries Ltd (), including Mukesh Ambani, Anil Ambani, their mother, spouses and children, other family members and entities linked to them for alleged violation of takeover rules. In January 2000, RIL … Read more
New Delhi: As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against Covid-19. Ambani’s telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. … Read more
NEW DELHI: Hopes of an early breakthrough in Covid-19 vaccine development and better than expected quarterly earnings led equity indices about 3 per cent higher last week. Energy companies and banks performed well during the week as sluggishness in demand surfaced. It should be noted that while there has been a pickup in economic activity … Read more
Mumbai: Traders bullish Reliance Industries could initiate a long calendar spread on its options. The strategy involves selling a 2100 front-month Call and the simultaneous purchase of a 2200 Call expiring August 27 for a target of Rs 2,300 next month. The idea is to take advantage of theta or time decay in the July … Read more
Mukesh Ambani has taken Reliance from oil to omnipresenceWith disciplined execution, Mukesh Ambani has turned Reliance Industries from a petrochemicals business into a digital behemoth designed to meet every consumer need. This last decade has changed things so dramatically for RIL that as a consumer you just couldn’t avoid Reliance. Source link