Hope to sell telecom towers arm soon: Ambani Mumbai, Reliance Communications is in advanced stages of talks to sell its stake in its towers infrastructure subsidiary, while the promoters want to raise their holding in the company to 75 percent,… Continue Reading →
Reliance Industries scrip falls on CAG’s criticism Mumbai, After the nation’s official auditor accused it of violating production sharing contracts Thursday, the Reliance Industries (RIL) scrip fell 2.12 percent in intra-day trade at the Bombay Stock Exchange (BSE). The scrip… Continue Reading →
State run firms become largest in terms of market capitalisation. State-run companies Coal India and ONGC Friday became the most valuable companies by market capitalisation, with the public-owned oil.
Mumbai, State-run miner Coal India has become the most valuable company in terms of market capitalisation, toppling Mukesh Ambani-led Reliance Industries (RIL). According to data available with the Bombay Stock Exchange (BSE), Coal India’s market was Rs.2,46,780 crore on Thursday’s… Continue Reading →