RIL announces biggest rights issue of Rs 53,125 crore; share sale at 14% discount
The issue is priced at Rs 1,257, a discount of Rs 210 or 14 per cent from the last close. – Stocks-Markets-Economic Times
Month: April 2020
RIL Q4 results: Profit plunges 39% YoY to Rs 6,348 crore, misses Street estimates
Analysts in an ETNow poll had projected the number at Rs 10,500 crore. – Stocks-Markets-Economic Times
Reliance Nippon Life posts 40% rise in PAT to Rs 35 crore for 2019-20
The private life insurer had posted a PAT of Rs 25 crore in the previous financial year. – Stocks-Markets-Economic Times
ABB Power Products posts Rs 29.18 crore net profit for March quarter
The company follows January-December financial year. – Stocks-Markets-Economic Times
Investor wealth jumps Rs 7.68 lakh crore in four days of market rally
In the broader market, the BSE Midcap and Smallcap indices rose up to 1.46 per cent. – Stocks-Markets-Economic Times
Edelweiss-Gallagher offers pandemic group insurance to help companies protect staff
Edelweiss Gallagher has collaborated with four leading general insurance companies. – Stocks-Markets-Economic Times
Reliance Industries Profit Falls 39% To Rs 6,348 Crore In Q4
Shares in Reliance Industries ended 2.86 per cent higher at Rs 1,467.05 apiece, in line with a 3.05 per cent surge in the benchmark S&P BSE Sensex. – NDTV … Read More
HUL Q4 net profit drops 3% to Rs 1,520 crore: Key takeaways
Here are the key takeaways from HUL’s earnings. – Stocks-Markets-Economic Times
Tech Mahindra misses Q4 Street estimates; announces Rs 5 dividend: Key highlights
Here are the top takeaways from Tech Mahindra’s fourth-quarter earnings. – Stocks-Markets-Economic Times
Coronavirus | Reliance cuts employees’ salary by 10-50%; Mukesh Ambani to forgo salary
While Mukesh Ambani would forgo his entire ₹15 crore compensation, the company’s board of directors including executive directors, executive committee members and senior leaders would forgo 30-50% of their compensation. … Read More