Eight of the 10 most valued Indian companies together added Rs 836.72 bn to their market valuation for last week, with TCS leading the pack.
Reliance Jio Infocomm Ltd (RJIL) signed a 53.5 billion Japanese yen "Samurai Term Loan" with 7 year bullet maturity.
RIL said it has entered into agreements to acquire close to 73% stake in Indiavidual Learning and will invest USD 180 million into the company over the next three years.
Jio's disruptive entry in Sept 2016 led to $10 bn in annual savings for consumers and will expand India's per capita GDP by about 5.65%, says a report.
The govt has raised natural gas price by 6% to its highest level in 2 years, a move that will result in higher CNG and cooking gas prices.
The deal, which is expected to close in the first quarter of fiscal 2019, is the second such sale by the Mukesh Ambani-backed Reliance in the United States.
RJio signed an agreement for combination of Saavn with JioMusic to create a digital media platform with global reach having total value of over USD 1 billion.
Reliance Industries (RIL) has won the Financial Times ArcelorMittal Boldness in Business Awards in recognition of the company's work across various businesses, RIL said.
Sensex surged over 300 points in early trade and the Nifty reclaimed the 10,300-level on fresh capital inflows by foreign funds ahead of key IIP and inflation data.
The combined market valuation of 8 of 10 most valued Indian companies plummeted by Rs 67,153.81 crore last week, with the benchmark BSE Sensecx tanking over 2 percent.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment