India has earned more than Rs 18,000 crore foreign exchange per year from export of basmati rice, especially from the variety 1121 developed by the country's top agri-institute ICAR, Agriculture Minister Radha Mohan Singh said.
John Laing Infrastructure Fund (JLIF.L) said on Monday it was in talks with a consortium of funds about a possible cash buyout offer that could value the company at 1.41 billion pounds.
Indian market rallied last week to touch record highs, rally was mainly helped by RIL, HDFC twins, Kotak Bank & TCS.
Militaries of India and Pakistan will be part of a mega anti-terror drill in Russia next month which is being organised by the Shanghai Cooperation Organisation (SCO) with an aim to expand cooperation among the member countries to deal with terrorism and extremism.
Combined market capitalisation of nine of the 10 most valued companies surged by a whopping Rs 1,58,882.34 crore last week, helped by an overall strong broader market and smart surge in the valuation of Reliance Industries Ltd (RIL).
The BSE Sensex retreated from record high to end flat at 36,541.63 today as investors booked profits in recent gainers despite firm global cues.
Bank of America Merrill Lynch said on Friday the United States, in the runup to midterm election, is unlikely to take a “hard stance” against Iran, resulting in international benchmark Brent crude to average $70 a barrel in 2018.
Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.
The Nifty 50 index rallied by 74.90 points to close at 11,023.20 today on buying in energy, banking, finance service and infra sectors.
Supported by a surge in share prices, stocks of Reliance Industries hit $100-billion market capitalisation mark for the second time after first reaching the landmark level on October 18, 2007.
ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh
In pact with Reliance Nippon to sell Mutual Fund products
Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis
Plans to sell part of se Asia biz as part of strategy to exit non scalable biz
To sell Singapore & Thailand units valuing them at $ 500Mn
Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA
To turn focus to domestic market
Avendus cap-KKR emerge as frontrunner to acquire IDFC MF
Offer of Rs 3,000-4,000 Cr made by FIN services firm