Stock Market LIVE Updates: Companies set to announce their earnings are State Bank of India, L&T, Jyothi Labs, Exide Industries, Saregama, Alkem Laboratories, Greaves Cotton, Gujarat Gas among others.
The current investment -- sixth in less than six weeks -- takes Jio Platforms' total funding to Rs 87,655.35 crore from some of the world's leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala Investment Company
The issue of equity shares opened for subscription on May 20 and closed on June 3, after receiving a robust response from shareholders. It was subscribed 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore. The allotment of equity will take place on June 10
Ambani dominates a dizzying array of sectors: Jio is India's leading telecoms carrier, Reliance Retail Limited is its top brick-and-mortar retailer, Reliance's Network18 Media & Investments Limited is one of its biggest news networks, and Reliance's Jamnagar is its largest oil complex
Stock Market LIVE Updates: Indian Oil, ONGC, Titan, M&M, ONGC and HDFC were among the top laggards today, while Sun Pharma, TCS, PowerGrid, HDFC Bank, HCL Tech and ICICI Bank were the top performers today.