Monday, Jul 04, 2022
Outlook.com

Can Windfall Tax On Oil Refiners, Producers Bail Out Indian Economy?

Can Windfall Tax On Oil Refiners, Producers Bail Out Indian Economy?

The oil refiners in India will now pay Rs 6 per litre on the export of petrol and aviation turbine fuel (ATF) as well as Rs 13 on the export of diesel

03 July 2022
Three Of Top 10 Firms Lose Rs 73,630 Crore In Market Capitalization

Three Of Top 10 Firms Lose Rs 73,630 Crore In Market Capitalization

While HUL and ICICI Bank were the other laggards from the top-10 pack, TCS, HDFC Bank, Infosys, LIC, SBI, HDFC, and Bharti Airtel were the gainers

03 July 2022

Weekly Wrap: Sensex, Nifty Gain For Second Straight Week; RIL Falls Most In 2 Years On Fuel Export Tax

The indices however posted their worst quarterly performance since the early days of Covid-19. For the first quarter of the current fiscal, Sensex has fallen...

Reliance Industries Shares Fall Most In Over 2 Years. Here Is Why

Reliance Industries Shares Fall Most In Over 2 Years. Here Is Why

The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 per litre tax on export of diesel, finance ministry notifications showed

01 July 2022

Stock Market Update: Reliance Industries Stock Tumbles Nearly 9%; ONGC Slips 11%

Shares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade.

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30 June 2022
Inheritors of Reliance Empire: Know Everything about Akash and Isha Ambani

Inheritors of Reliance Empire: Know Everything about Akash and Isha Ambani

The latest developments seem to be unfurling the succession plan charted out by RIL Chairman Mukesh Ambani to secure the future of India’s most valuable...


29 June 2022
Here’s Why Foreign Investments Firms Are Bullish On Reliance Industries

Here’s Why Foreign Investments Firms Are Bullish On Reliance Industries

After JP Morgan, Bernstein has raised Reliance Industries’ target price to Rs. 3,360 from the earlier target of Rs. 2,839. On June 19, 2022, JP Morgan had...


26 June 2022
Mcap Of Nine Of Top-10 Valued Firms Jumps Rs 2.51 Lakh Crore; TCS Lead Gainer

Mcap Of Nine Of Top-10 Valued Firms Jumps Rs 2.51 Lakh Crore; TCS Lead Gainer

HDFC Bank, Infosys, Hindustan Unilever Limited and ICICI Bank were among the gainers while Reliance Industries was the sole loser in the pack


24 June 2022
Senses Rises By 426 Points, Nifty Touches 15,699

Senses Rises By 426 Points, Nifty Touches 15,699

The 30-share BSE Sensex advanced further by 462.26 points or 0.88 per cent to settle at 52,727.98. During the day, it rallied 644.15 points, or 1.23 per cent...


22 June 2022
Why Mukesh Ambani’s Companies Are Faltering On Corporate Governance To Attract SEBI’s Ire

Why Mukesh Ambani’s Companies Are Faltering On Corporate Governance To Attract SEBI’s Ire

The 2020 deal pertaining to stake sales in RIL’s subsidiary company, Jio Platforms to Facebook, Silver Lake and Vista Equity Partners, was disclosed through...


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21 June 2022
Stock Market Today: Sensex Surges Over 900 Points, Nifty Above 15,600 Led By Reliance, IT Stocks

Stock Market Today: Sensex Surges Over 900 Points, Nifty Above 15,600 Led By Reliance, IT Stocks

The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. During the day, it rallied 1,201.56 points or 2.32 per cent to 52,799.40. The NSE...


21 June 2022
Sebi Fines Reliance Industries For Not Making Prompt Clarification On Jio-Facebook Deal

Sebi Fines Reliance Industries For Not Making Prompt Clarification On Jio-Facebook Deal

Sebi held them liable for the violation of the provisions of principles of fair disclosure for purposes of the code of practices and procedures for Fair...


21 June 2022
Correction Of 12% In Nifty This Year Had No Impact On These Stocks. Prospects Explained

Correction Of 12% In Nifty This Year Had No Impact On These Stocks. Prospects Explained

Since the beginning of 2022, the markets underwent another bout of volatility; the Sensex fell by 12.34 per cent, and the Nifty 50 index declined by 11.87 per...


19 June 2022
Stock Market Crash: Top 10 Firms Lose Rs 3.91 Lakh Crore In Market Capitalization

Stock Market Crash: Top 10 Firms Lose Rs 3.91 Lakh Crore In Market Capitalization

Past week, the BSE Sensex plunged 2,943.02 points or 5.42 per cent, while the NSE Nifty declined 908.30 points or 5.61 per cent.


17 June 2022
Reliance Mulls Buying Out Cosmetics Brand Revlon In US: Report

Reliance Mulls Buying Out Cosmetics Brand Revlon In US: Report

Revlon had filed for bankruptcy earlier this week after disruptions in the global supply chain drove up raw material costs and impelled vendors to ask for...


17 June 2022
Stock Market Today: Sensex Falls Over 200 Points, Nifty Below 15,300

Stock Market Today: Sensex Falls Over 200 Points, Nifty Below 15,300

At 9:21 am, the 30-share BSE Sensex was trading 215 points or 0.42 per cent lower at 51,280, whereas the NSE Nifty 50 index declined 86 points or 0.56 per cent...


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16 June 2022
Viacom18 Amongst Largest Indian Sporting Destinations After Bagging IPL Digital Rights: Reliance

Viacom18 Amongst Largest Indian Sporting Destinations After Bagging IPL Digital Rights: Reliance

On Tuesday, BCCI had announced that India digital rights for IPL were acquired for Rs 20,500 crore by Viacom18, which also won the non-exclusive Package C by...


16 June 2022
Stock Market Update: Sensex Falls Nearly 1000 Points From Day's High, Nifty Below 15,600

Stock Market Update: Sensex Falls Nearly 1000 Points From Day's High, Nifty Below 15,600

At 12:01 am, the 30-share BSE Sensex slumped 773 points or 1.45 per cent at 52,245, whereas the NSE Nifty 50 index declined 93.95 points or 0.60 per cent at...


16 June 2022
Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 15,500

Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 15,500

At 9:19 am, the 30-share BSE Sensex was trading 575 points or 1.09 per cent higher, whereas the NSE Nifty 50 index advanced 170.10 points or 1.08 per cent at...


15 June 2022
Jio-BP, Zomato partner to help food delivery giant achieve 100% EV fleet by 2030

Jio-BP, Zomato partner to help food delivery giant achieve 100% EV fleet by 2030

As part of the agreement “Jio-bp will provide EV mobility services to Zomato along with access to ‘Jio-bp pulse’ branded battery swapping stations for...


15 June 2022
Adani Group Fastest In Valuation Growth At 88%, Ambani-Led Reliance Up 13.4%: Report

Adani Group Fastest In Valuation Growth At 88%, Ambani-Led Reliance Up 13.4%: Report

Among the firms led by the Ahmedabad-based Gautam Adani, the valuation for Adani Green Energy rose the fastest at 139 per cent to Rs 4.50 lakh crore, which...


15 June 2022
Stock Market Today: Sensex Falls Over 100 Points In Early Trade, Nifty Below 16,600

Stock Market Today: Sensex Falls Over 100 Points In Early Trade, Nifty Below 16,600

At 9:18 am, the 30-share BSE Sensex was trading 102 points or 0.19 per cent lower at 52,615, whereas the NSE Nifty 50 index declined 13 points or 0.09 per cent...


13 June 2022
Govt To Pursue $3.85 Billion Recovery From Reliance, Partners

Govt To Pursue $3.85 Billion Recovery From Reliance, Partners

The government in a statement said it has the right to seek leave of the English commercial court to challenge this judgment


13 June 2022
Stock Market Today: Sensex Falls Over 1,200 Points, Nifty Below 16,000

Stock Market Today: Sensex Falls Over 1,200 Points, Nifty Below 16,000

At 9:18 am, the 30-share BSE Sensex was trading 1,333 points or 2.46 per cent lower at 52,969, whereas the NSE Nifty 50 index declined 376 points or 2.33 per...


12 June 2022
Govt Loses Challenge To $111 Million Arbitration Award In Dispute With Reliance/Shell

Govt Loses Challenge To $111 Million Arbitration Award In Dispute With Reliance/Shell

High Court judge Ross Cranston on June 9, 2022 ruled that the government should have brought its objections over the arbitration tribunal not meeting the...


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