Data pertaining to BSE 500 constituent stocks reveal that 314 stocks slipped below their face value on February 18, 2019. Among the individual stocks, Adlabs Entertainment, IL&FS Transport, Punj Lloyd, Reliance Naval and Reliance Communication slipped below their face value on the bourses.

Mukesh Ambani is betting on consumer businesses to take RIL's story forward.

Azim Premji is not only one of India's biggest entrepreneurs, he is also the face of corporate philanthropy.

Last week, non-banking finance companies, especially L&T Finance and certain entities of Edelweiss Group, sold 31.81 crore pledged shares worth Rs 552.17 crore of Reliance Group, leading to a loss in investor wealth of Rs 13,000 crore.

Anil Ambani-led Reliance Group companies said that illegal, motivated and unwarranted actions by L&T Finance and Edelweiss group is responsible for nearly 55 per cent drop in market capitalisation, two-wheeler exports from India rise 19.5% and other news on News Blast 

Reliance Group has accused its lenders L&T Finance and Edelweiss of illegally invoking pledged shares, calling it 'motivated and unwarranted'. Shares of Reliance Power plunged as much as 59 per cent last week.

Anil Ambani's Reliance Group loses Rs 13,000 crore in 4 days; blames L&T Finance, Edelweiss Group for stock fall Anil Ambani-led Reliance Group companies on Friday said that illegal, motivated and unwarranted actions by L&T Finance and Edelweiss group is responsible for nearly 55 per cent drop in market capitalisation in just 4 trading days. On February 1, Reliance Communications had filed for bankruptcy to resolve its debt position. As of March 2017, the company owed banks USD 7...

Only ITC and HDFC from the top-10 list suffered losses in their market capitalisation

Meanwhile Reliance Capital's Board of Directors decided to opt for legal measures against L&T Finance in the matter, on grounds of protecting 7 lakh retail shareholders' interests.

The share of promoters in the Reliance ADAG Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.

Reliance Group companies lost Rs 13,000 crore, an unprecedented nearly 55%, in market capitalisation over just 4 days, causing substantial losses to 72 lakh institutional and retail shareholders.

V Vaidyanathan, the new boss of the merged entity, has had a good run but now faces challenges and high expectations.

RIL,HUL, ITC and Infosys were the other gainers, while HDFC Bank, HDFC, SBI, KotakMahindra Bank and ICICI Bank suffered losses in their valuation for the weekended Friday.