Reliance, Disney complete ₹70,352 crore media merger
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
Reliance Industries owns 16.34% stake in the JV, while its subsidiary Viacom18 holds 46.82% and Disney controls remaining 36.84% in the merged entity.
The global brokerage says that the market is ignoring RIL’s new energy business; the stock is offering an attractive entry point to play important catalysts in 2025.
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
Jensen Huang says few people know programming as it is not easy, but India has the largest population of programmers in the world
RIL board approves authorised share capital at ₹50,000 crore, which consists of 4,900 cr shares of ₹10 each and 100 cr preference shares of ₹10 apiece each
Reliance Industries delivered second successive quarter of muted earnings amid weakness in downstream margins and slower retail growth.
Reliance Retail's profit after tax rose 1.3% year-on-year to ₹2,836 crore during the second quarter.
RIL's revenue from operations stood flat, rising just 0.2% year-on-year to ₹2.35 lakh crore during the quarter.