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RIL has transformed itself into a consumer company from a materials and energy producer, crossing 12 lakh crore in market capitalisation on Monday — two days ahead of its 43rd annual general body meeting. Its market cap now is more than double that of the country’s all telecom, retail and refinery stocks put together.
Mavens Talk: Prashant Jain I Shankar Sharma I Nilesh ShahInvestors could expect equity returns in line with nominal GDP growth, which could be in early doubledigits.
from Stocks-Markets-Economic Times https://ift.tt/3sGEnrb
… Read MoreRBI imposes Rs 2 cr penalty on Standard Chartered BankThe monetary penalty has been imposed on the bank for non-compliance with certain directions contained in the 'Reserve Bank of India (Frauds - Classification and Reporting by commercial banks and select FIs) Directions 2016'.… Read MoreSGX Nifty down 30 points; here's what changed for market while you were sleepingAsian stocks opened on a negative note on Friday. Australia's ASX200 index fell 0.08 per cent in early trade. Nikkei dropped 0.36 per cent to 28,652.51.
from Stocks-Markets-Economic Times https://ift.tt/365Ctqq
… Read More‘Foreign oil cos keen on buying BPCL stake’Homegrown Vedanta and two international funds have shown initial interest in buying the government’s entire majority stake in BPCL. The government will call price bids after evaluating the three players’ suitability on techni… Read MoreStocks in the news: Reliance Industries, YES Bank, HDFC Life, JSW Steel & SBI LifeApollo Hospitals, Gland Pharma, Crompton Greaves, L&T Finance, Oberoi Realty and Indian Bank are some of the companies which will announce their Q3 results today.
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