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BusinessToday.In
New Delhi, July 16, 2018
Sameet Chavan, Chief Analyst, Technical and Derivatives, Angel Broking, takes viewers through all the market action today. The market closed lower on sell-off in banking, pharma, and metal stocks as investors turned cautious after wholesale inflation surged to a four-year high. While the Sensex fell 217 points to 36,323, Nifty closed 82 points lower at 10,936 level. The broad-based Nifty cracked below the 11,000-mark as 35 of its constituents closed in the red, led by Dr Reddy's, Tata Steel and Lupin.


BusinessToday.In
July 15, 2018
The government subsidises 12 cylinders of 14.2 kilogram each per household in a year by directly transferring the subsidy amount to the users' bank accounts.


BusinessToday.In
New Delhi, July 13, 2018
As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.


BusinessToday.In
July 13, 2018
A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.


Aseem Thapliyal
July 12, 2018
The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs. Sensex hit all-time high of 36,699 intra day after opening at 36,424 level.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


BusinessToday.In
July 12, 2018
The Reliance Industries stock rose to its intra day high of 1091 level, a rise of 5.27% from previous close. Its market capitalisation rose to Rs 6,88,766 crore  on the BSE.


BusinessToday.In
July 12, 2018
At 9:58 am, the Sensex was trading 258 points higher at 36,523 level with Nifty rising 75 points to 11,023 level. On January 29, Sensex and Nifty reached all time high levels of 36,443 and 11,171 levels, respectively on expectations from Union Budget and optimism over Q3 earnings.


Aseem Thapliyal
July 10, 2018
The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore.  The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate.


BusinessToday.In
July 10, 2018
The Income Tax Department seized the shares after issuing Cairn with a Rs 10,247 crore tax demand on capital gains made on at the time of the sale of business to Anil Agarwal-led Vedanta.


BusinessToday.In
July 8, 2018
Last month, petroleum prices were cut 14 times after hitting an all-time high of Rs 78.43 a litre for petrol and Rs 69.31 for diesel on May 29. Petrol price dropped by Rs 2 a litre and diesel by Rs 1.46.


Karan Dhar
New Delhi, July 6, 2018
\"As Reliance transitions to become a technology platform company, we see our biggest growth opportunity in creating a hybrid, online-to-offline new commerce platform,\" Ambani said at the RIL AGM.


BusinessToday.In
New Delhi, July 6, 2018
As of now, petroleum products including petrol, diesel, crude oil, natural gas and aviation turbine fuel (ATF) have been exempted from the GST.


BusinessToday.In
New Delhi, July 6, 2018
If the venture takes off, it will help the country build a strategic reserve of key minerals.


Nevin John
New Delhi, July 5, 2018
Mukesh Ambani's speech lacked usual big project announcements and investment plans. He can't be blamed for it as the company is concluding its Rs 4-lakh crore capital expenditure cycle, which includes Rs 2.5-lakh crore for creating digital business and Rs 1.5-lakh crore for petrochemical and refining projects.


BusinessToday.In
New Delhi, July 5, 2018
The OPEC nations that comprised 15-member countries and Non-OPECnations, led by Russia, have been withholding oil production to boost the prices. The US plan to reintroduce oil exporting sanctions against Iran from November has also given rise to crude oil prices.


BusinessToday.In
July 5, 2018
After disrupting the telecom sector with Reliance Jio's cheap mobile data tariffs, the Mukesh Ambani-led retail-to-refining conglomerate is looking to expand its JioFiber boradband business.


Nevin John
New Delhi, July 4, 2018
As Reliance Industries ramps up its telecom and digital network outreach and consolidates its new refining and petrochemical projects, chairman Mukesh Ambani is expected to outlay the company's new capital expenditure plan in the shareholders' meeting tomorrow.


PTI
July 4, 2018
The Plaza Hotel, one of New York's most iconic buildings in which Subrata Roy-led Sahara India group has majority stake, has been fully acquired by a Qatar government-owned fund for about $600 million, according to a media report today.


PTI
July 3, 2018
In August last year, Sebi had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long.


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