Buy or sell: Dharmesh Shah of ICICI Securities recommends these two stocks to buy this week

Buy or sell: Dharmesh Shah of ICICI Securities recommends these two stocks to buy this week

Stock Market News: After an extended weekend, this week will see a number of noteworthy events for the domestic equities market, with the budget taking centre stage. Experts note that the finance minister’s hint of a low-key, vote-on-account budget, however, points to a lack of big decisions. The US Federal Reserve’s policies, budget, and earnings …

Read more

jio: Reliance Jio Q3 Results: Affordable phone, wireless broadband and more users bring an end to four quarters of sluggish growth

jio: Reliance Jio Q3 Results: Affordable phone, wireless broadband and more users bring an end to four quarters of sluggish growth

Reliance Industries’ telecom business, Jio, on Friday, announced its quarterly results for the third quarter ending December 2023. The company posted a 12.3 per cent year-on-year (YoY) growth in net profit to Rs 5,208 crore snapping the four quarter of slower growth. Jio attributed the push to increased subscriber additions and its budget-friendly 4G phone. …

Read more

Mukesh Ambani’s Jio Platforms may invest in this Sri Lankan telecom company

Mukesh Ambani’s Jio Platforms may invest in this Sri Lankan telecom company

Mukesh Ambani has plans to expand his horizons in the telecommunications business through his firm Jio Platforms, expressing interest in buying stake in Sri Lanka Telecom PLC, the state-owned telecom company of the neighboring country. Reliance Industries Limited chairman Mukesh Ambani. (AFP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The Sri Lankan government has been struggling with the …

Read more

Why did Sebi impose ₹25 crore fine on Mukesh Ambani, Reliance?

Why did Sebi impose ₹25 crore fine on Mukesh Ambani, Reliance?

In a major relief for billionaire Mukesh Ambani, the Securities Appellate Tribunal (SAT) on Monday quashed the order issued by Sebi to fine the businessman and his firm Reliance Industries Ltd in relation to the 2007 RPL case. Mukesh Ambani, chairman, Reliance Industries Ltd. (File Photo) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The Securities and Exchange Board …

Read more

Mcap: Top four firms’ valuations up by ₹65,671.35 crore, Reliance Industries biggest gainer

Mcap: Top four firms’ valuations up by ₹65,671.35 crore, Reliance Industries biggest gainer

Reliance Industries (RIL) maintained its position as the most-valued firm, followed by Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever (HUL), Bharti Airtel, ITC, State Bank of India (SBI), and Bajaj Finance. Also Read | IREDA IPO: Check today’s GMP, allotment status, listing date, and other details Gainers and Losers RIL took …

Read more

Star India net profit down 31 per cent in FY23

Star India net profit down 31 per cent in FY23

Mumbai: Walt Disney-owned Star India’s consolidated net profit for FY23 has dropped 31% year over year to ₹1,272 crore compared to ₹1834 crore in the previous fiscal, the company’s financial statement filed with the Registrar of Companies (RoC) shows. While the company’s operating revenue from TV and digital businesses increased by 6% to ₹19,857 crore, …

Read more