Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one
RIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
Brokerages upbeat on RIL’s retail, telecom businesses, retain ratings
Of the 26 brokerage reports ET studied, eight have increased the price ...
RIL-Saudi Aramco deal unlikely to close by March-end, says CFO
Mukesh Ambani-led Reliance Industries is unlikely to close the deal for 20 per...
OMCs to be weak on refining front in Q3: Shibani Sircar Kurian
Some part of the weakness on the refining margins would be offset by higher marketing margins.
On India Inc's social calendar: Bezos bonds with Mumbai A-listers; Rajan Mittal's B'day bash; Shikha Sharma turns gracious hostess for daughter's wedding
As Bezos came calling, he got the red-carpet treatment. Here's what's keeping India Inc busy...
Welcome to ‘peak decade,’ from globalization to central banks
Ian Bremmer, founder of Eurasia Group, describes this year as a “tipping point.”
Saudi Aramco raises IPO to record $29.4 billion through greenshoe option
Investors were allocated the additional shares for the option during the book-building process.
Saudi Aramco hits new low on US-Iran tensions
Shares of Saudi Aramco opened at 34 riyals ($9.06) on Wednesday after Iran launched missiles on US targets in Iraq. Saudi stocks also dropped 1.4 per cent, following across-the-board selling in Gulf markets amid escalating tensions between the United States and Iran.
Saudi Aramco hits new low since trading began on Dec 11
Saudi Aramco has lost almost 11 per cent since hitting a high of 38.70 riyals. The IPO was priced at 32 riyals per share, valuing Aramco at $1.7 trillion, making it the world's most valuable company.
View: There’s a new fight in an old, turbulent region, where India has to do business with all
India, for its part, will have to reconcile Iranian regional ambitions with a repackaged US idea of global power.
Financials, auto, IT & pharma to lead Q3 earnings: Deven Choksey
Banks are monetising their assets, selling part stakes in their investment portfolios and getting out of the non-core activities. They would have better profits to talk about. Financials clearly look winners in this particular quarter results. Auto and auto ancillaries would probably have a relatively better quarter on a sequential basis. Many commodity stocks are likely to show better performance.
We are expecting equities to return 8-10% over 12 months: Rahul Singh, Tata MF
I do not see midcaps underperforming largecaps anymore and it is time for investors to add them.
Prospect of US-Iran conflict threatens Gulf economies
Observers say such a conflict might send oil prices above USD 100 a barrel but could also lead to a massive disruption of exports if Iran closes the Strait of Hormuz, a strategic waterway which serves as the main artery for Middle East oil.
Centre seeks to restrain Reliance Industries stake sale to Saudi Aramco
Centre has sought the court’s direction to RIL and BG to secure $4.5 billion towards an arbitration award.
20% of oil supply to be disrupted if Iran closes Straits of Hormuz: Mriganka Jaipuriyar, S&P Global Platts
If Iran does take the conflict to the next level, there would be attacks on tankers. The Saudi attack depends on the extent to which Iran retaliates and the steps that Iran will take. Shutting down the Strait of Hormuz is an extreme situation. But 20 million barrels per day of disruption would not be easy to replace at all.
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