The domain name 'JioHotstar.com,' associated with Viacom18 Media Pvt. Ltd., was acquired after a signific ...More

The domain name 'JioHotstar.com,' associated with Viacom18 Media Pvt. Ltd., was acquired after a significant merger between Reliance Jio, Disney Hotstar, and Viacom18. Initially registered by a Delhi app developer and later held by Dubai siblings, the domain was ultimately offered to Reliance free of charge despite receiving substantial offers. ...Less

Jio launched JioTag Go, a Bluetooth tracker priced at ?1,499, compatible with Google's Find My Device net ...More

Jio launched JioTag Go, a Bluetooth tracker priced at ?1,499, compatible with Google's Find My Device network. Available in various colors, it allows users to track belongings in real-time using the Find My Device app on Android devices. JioTag Go leverages nearby Android devices for location updates even beyond Bluetooth range. ...Less

Price-sensitive mobile users can now opt for voice and SMS-only packs as mandated by Trai, benefiting 150 ...More

Price-sensitive mobile users can now opt for voice and SMS-only packs as mandated by Trai, benefiting 150 million remaining 2G users, dual SIM owners, the elderly, and rural residents. Despite private carriers' opposition, this move may slow down migration to 4G and 5G, impacting ARPU growth. ...Less

The Indian government waived bank guarantees for telecom spectrum payments due before 2022. This move pro ...More

The Indian government waived bank guarantees for telecom spectrum payments due before 2022. This move provides significant relief to Vodafone Idea, Airtel, and Jio, freeing up funds for network improvements. Vodafone Idea, facing financial difficulties, benefits the most with Rs 24,700 crore relief. This decision boosted telecom stocks, particularly Vodafone Idea's. ...Less

Reliance Industries' shares will be in focus following the completion of the Viacom18-JioCinema-Disney me ...More

Reliance Industries' shares will be in focus following the completion of the Viacom18-JioCinema-Disney merger, valued at Rs 70,352 crore. The joint venture, controlled by RIL, aims to consolidate media assets and create India's largest integrated media platform. With a strong portfolio of content and sports rights, it aims to reshape entertainment options for Indian consumers. ...Less

CLSA believes Reliance Industries' stock presents a good buying opportunity at its current price, predict ...More

CLSA believes Reliance Industries' stock presents a good buying opportunity at its current price, predicting a potential 30% rise. Despite recent declines attributed to delays in Jio and Retail IPOs, the firm emphasizes the upcoming launch of new energy projects as a significant catalyst. ...Less

Reliance announced that its first new energy giga-factory is expected to start producing solar PV modules ...More

Reliance announced that its first new energy giga-factory is expected to start producing solar PV modules by the end of the year. Chairman Mukesh Ambani mentioned that the new energy business, with its diverse range of renewable solutions, including solar, energy storage systems, green hydrogen, bio-energy, and wind, is set to become a major player in the global clean energy transition. ...Less

Vodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Teleco ...More

Vodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Telecommunications (DoT) regarding the waiver of bank guarantees for deferred spectrum payments. Although the cabinet approved the waiver, Vi awaits confirmation. This decision would significantly benefit Vi, which faced a substantial bank guarantee requirement, and positively impact Bharti Airtel and Reliance Jio. ...Less

India's corporate earnings for Q2 FY25 showed a modest 4% YoY profit growth, slightly surpassing the 3% e ...More

India's corporate earnings for Q2 FY25 showed a modest 4% YoY profit growth, slightly surpassing the 3% estimate. This marks the second consecutive quarter of single-digit growth since mid-2020. While key players like SBI, ICICI Bank, and Hindalco boosted earnings, sectors like oil, metals, and energy, including BPCL, JSW Steel, and Reliance, weighed down overall performance, according to MOFSL. ...Less

As the market experiences volatility, with more expected in the coming days, remember that this is a tran ...More

As the market experiences volatility, with more expected in the coming days, remember that this is a transient phase. What endures are investing principles. So, develop the ability to ignore the noise which volatility creates and focus on the business you either own or will own after you buy the stocks you are targeting. If the business presents a significant opportunity in terms of growth, and the management has a track record of smart execution, then all volatility and panic phases are opportunities for investing in such stocks. ...Less

In the largecap segment, 15 companies saw block deals worth Rs 2,477 crore. RIL led with Rs 461 crore acr ...More

In the largecap segment, 15 companies saw block deals worth Rs 2,477 crore. RIL led with Rs 461 crore across eight deals, followed by Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), and Bajaj Auto (Rs 241 crore). Other key players included Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore), and HDFC Bank (Rs 114 crore). ...Less

Bharti Airtel has partnered with Nokia in a multi-billion dollar deal to expand its 4G and 5G network inf ...More

Bharti Airtel has partnered with Nokia in a multi-billion dollar deal to expand its 4G and 5G network infrastructure. The deal involves deploying Nokia's advanced 5G equipment, including base stations and energy-efficient technology. This strategic move aims to enhance network capabilities and attract subscribers in a competitive market. ...Less

Bharti Airtel emerged as the sole gainer in revenue market share among major Indian telecom companies in ...More

Bharti Airtel emerged as the sole gainer in revenue market share among major Indian telecom companies in the second quarter of the fiscal year. This gain was driven by industry-wide tariff increases and strong growth in mobile broadband and postpaid users. ...Less

Reliance Industries, led by Mukesh Ambani, is projected to post its first negative return in a decade. Th ...More

Reliance Industries, led by Mukesh Ambani, is projected to post its first negative return in a decade. The conglomerate's market cap has plummeted, impacted by slowing growth, rising costs, and increased competition. While facing challenges in retail, Reliance aims to boost its stock through potential IPOs of Jio and Reliance Retail, and strategic shifts towards digital platforms and renewable energy. ...Less

India's top telecom executives met with Telecom Minister Jyotiraditya Scindia to reiterate their demand f ...More

India's top telecom executives met with Telecom Minister Jyotiraditya Scindia to reiterate their demand for a revenue-sharing model with OTT platforms. They also raised concerns about fair satellite spectrum allocation, emphasizing a level playing field. The industry urged that spectrum not be given away for free or at low rates to companies offering nationwide consumer services. ...Less

Mukesh Ambani, chairman of Reliance Industries, announced the appointment of Ira Bindra as the new Group ...More

Mukesh Ambani, chairman of Reliance Industries, announced the appointment of Ira Bindra as the new Group President for People, Leadership, and Talent. Bindra, previously with Medtronic, USA, is tasked with driving HR transformation across the organization. At 47, she becomes the first non-family woman and youngest member of Reliance's Executive Committee. ...Less

Reliance Industries and Venezuela's PDVSA restarted oil swaps after a US license. A supertanker delivered ...More

Reliance Industries and Venezuela's PDVSA restarted oil swaps after a US license. A supertanker delivered Venezuelan crude to India. Reliance sent naphtha to PDVSA. Reliance Industries stock faces a potential yearly loss. This follows years of growth. The stock's decline contrasts with previous performance. Analysts cite slower growth and rising costs. The average target price suggests a potential upside. ...Less

Russia's Rosneft has agreed to supply 500,000 barrels per day of crude to India's Reliance for 10 years i ...More

Russia's Rosneft has agreed to supply 500,000 barrels per day of crude to India's Reliance for 10 years in a deal worth approximately $13 billion annually. This agreement, which accounts for 0.5% of global supply, strengthens energy ties between India and Russia amid Western sanctions. Reliance will receive Russian oil at discounted prices, with shipments starting in January 2024. ...Less

Jio Financial Q2 Results: The company reported quarterly revenue of Rs 693.50 crore, a 14% increase from ...More

Jio Financial Q2 Results: The company reported quarterly revenue of Rs 693.50 crore, a 14% increase from Rs 608.04 crore in the same quarter last year. Sequentially, PAT surged 120% compared to Rs 312.63 crore in Q1FY25, while revenue rose 66% from Rs 417.82 crore in the April-June quarter. ...Less

Reliance Industries acquired a 74% stake in Navi Mumbai IIA for Rs 1,628.03 crore, following CIDCO's cons ...More

Reliance Industries acquired a 74% stake in Navi Mumbai IIA for Rs 1,628.03 crore, following CIDCO's consent. RIL purchased 57.12 crore shares at Rs 28.50 each, making NMIIA, a developer of integrated industrial areas, its subsidiary. CIDCO retains a 26% stake. The deal, approved by RIL's board, doesn't involve related parties and required no further regulatory approvals. ...Less

RIL Share Price: Reliance Industries acquired a 74% stake in Navi Mumbai IIA for ?1,628 crore, following ...More

RIL Share Price: Reliance Industries acquired a 74% stake in Navi Mumbai IIA for ?1,628 crore, following CIDCO's consent. This makes NMIIA, specializing in developing integrated industrial areas, a subsidiary of RIL. RIL's stock closed at ?1273 on Friday, with analysts predicting a potential 26% upside. ...Less

Jio Financial Share Price: Shares of Jio Financial will be under spotlight today as the company announces ...More

Jio Financial Share Price: Shares of Jio Financial will be under spotlight today as the company announces its second quarter earnings. Recently, Jio partnered with BlackRock to launch asset management services in India, and received in-principle approval from Sebi. Observers are also watching how Jio will shape the fintech sector with its retail lending and payment services. ...Less

Reliance Power has launched Reliance NU Energies, a renewable energy subsidiary, appointing Mayank Bansal ...More

Reliance Power has launched Reliance NU Energies, a renewable energy subsidiary, appointing Mayank Bansal as CEO and Rakesh Swaroop as COO. The new entity will focus on solar, wind, and hybrid energy solutions. Reliance Power's stock, currently valued at nearly ?18,000 crore, has seen significant growth in recent years. ...Less

Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large ...More

Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility and large-caps, suggesting increased weight on Reliance and HDFC Bank. With earnings growth scarce, portfolio construction for 2025 emphasizes sectors like IT, industrials, and select consumer discretionary areas. ...Less

Sandip Sabharwal analyzes market trends and prominent stocks. He suggests HDFC Bank's valuation derating ...More

Sandip Sabharwal analyzes market trends and prominent stocks. He suggests HDFC Bank's valuation derating is likely over and anticipates improved performance with credit growth. Reliance Industries, down 30%, shows potential for outperformance next year with improving profitability in various sectors. He also discusses Asian Paints, real estate, and consumer stocks, offering insights for investors. ...Less

At a time the indices are on the recovery path – and small- and mid-cap stocks are moving higher every da ...More

At a time the indices are on the recovery path – and small- and mid-cap stocks are moving higher every day – talking of volatility and the possibility of corrections will not be popular. The fact, however, is that volatility does not give notice before coming. And even in the best of bull runs, there will be corrective phases – as we have seen in the recent past. So, as an investor, it is best to be prepared. How does one prepare for volatility? One way is to stick with large-cap companies, especially those with some tailwinds for the business. These are the companies that will do better than others in fundamental ways – not just in terms of the stock price. ...Less

Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after BSE revis ...More

Shares of Zomato, Paytm, Jio Financial, and 52 other companies will be in focus on Friday after BSE revised the circuit limits. The price band for 46 stocks, including Zomato, Paytm, and Nykaa, has been set to 10%. Four stocks will have a 5% limit, and five others will see their limits adjusted to 2%. ...Less

The NSE Nifty index was trading 21.65 points down at 24620.15 ...More

The NSE Nifty index was trading 21.65 points down at 24620.15 ...Less

Shares of telecom companies Bharti Airtel, Jio Financial, and Vodafone Idea are expected to remain in foc ...More

Shares of telecom companies Bharti Airtel, Jio Financial, and Vodafone Idea are expected to remain in focus on Friday following the release of subscriber data by the Telecom Regulatory Authority of India (TRAI) for the period ending September 30, 2024. ...Less

Motilal Oswal maintains a buy rating for Reliance Industries, setting a target price of Rs 1580. They pro ...More

Motilal Oswal maintains a buy rating for Reliance Industries, setting a target price of Rs 1580. They project a 10% CAGR in consolidated EBITDA and PAT over FY24-27, driven by growth in Jio and Retail. The brokerage anticipates FCF generation and debt reduction, valuing Reliance Retail at Rs 10 trillion and Jio at Rs 11.6 trillion. ...Less

Reliance Share Price: Shares of Reliance Industries have fallen 16% in the last 3 months. Analysts believ ...More

Reliance Share Price: Shares of Reliance Industries have fallen 16% in the last 3 months. Analysts believe the stock has become attractive with room for positive surprises. Major triggers include Jio tariff hikes, value unlocking in Jio and retail, potential growth in retail, and new energy business ventures. Investors remain optimistic about future performance. ...Less

India's top telcos Jio, Airtel and Vodafone lost millions of wireless customers in September. This happen ...More

India's top telcos Jio, Airtel and Vodafone lost millions of wireless customers in September. This happened for the third consecutive month. BSNL, on the other hand, gained subscribers. BSNL added close to a million subscribers as it did not increase its tariffs. Jio remained the biggest mobile operator despite losing the largest number of subscribers. ...Less

Reliance and Tata are once again competing in the Indian retail market, with Reliance Retail challenging ...More

Reliance and Tata are once again competing in the Indian retail market, with Reliance Retail challenging Tata Group's Zudio with its new brand, Yousta. Launched in August 2023, Yousta aims to tap into India's rapidly growing value fashion segment, which is known for offering stylish and affordable clothing. ...Less

Dubai-based siblings, Jainam and Jivika, had purchased the JioHotstar domain from a Delhi app developer. ...More

Dubai-based siblings, Jainam and Jivika, had purchased the JioHotstar domain from a Delhi app developer. The developer had earlier offered the domain to Reliance for Rs 1 crore. The siblings said they bought the domain to help the developer. They received many offers to buy the domain but refused to sell. ...Less

Despite a loss of 2.9 million subscribers, Bharti Airtel's revenue growth outpaced that of larger rival R ...More

Despite a loss of 2.9 million subscribers, Bharti Airtel's revenue growth outpaced that of larger rival Reliance Jio, which lost 11 million subscribers. Analysts attribute Airtel's resilience to a shift toward premium subscribers, with a net gain of 0.8 million postpaid users. The company reported a 168% increase in net profit for Q2, reaching ?3,593.2 crore, though it missed estimates due to a one-time loss linked to currency devaluation in Nigeria. ...Less

?There have been news of gold-based lending going up, which is probably indicative of some stress and lot ...More

?There have been news of gold-based lending going up, which is probably indicative of some stress and lot of that is now getting probably reflected in the price. So, some of the quality banks may do well. ...Less

Mukesh Ambani, aiming for India's largest IPO, plans to list Reliance Jio in 2025 with a targeted valuati ...More

Mukesh Ambani, aiming for India's largest IPO, plans to list Reliance Jio in 2025 with a targeted valuation exceeding $100 billion. The Reliance Retail IPO, however, is postponed beyond 2025 to address internal business challenges. ...Less

Reliance Industries' shares dipped despite securing a substantial 10-year crude oil import deal with Russ ...More

Reliance Industries' shares dipped despite securing a substantial 10-year crude oil import deal with Russia's Rosneft. The agreement involves up to 500,000 barrels per day, valued at $12-13 billion. This move strengthens India's position as a major purchaser of Russian crude, capitalizing on discounted prices amid geopolitical shifts. ...Less

Reliance Industries Ltd., India's most valuable company, has seen a significant market capitalization dec ...More

Reliance Industries Ltd., India's most valuable company, has seen a significant market capitalization decline of nearly $50 billion since July. This drop comes amidst weakening earnings, an economic slowdown, and investor disappointment over six consecutive quarters of missed earnings estimates. The company's share performance has lagged, widening the gap with benchmark indices, despite broader market pressures. ...Less

Reliance NU Suntech, a subsidiary of Reliance Power, secured a 930 MW solar energy project with a 465 MW/ ...More

Reliance NU Suntech, a subsidiary of Reliance Power, secured a 930 MW solar energy project with a 465 MW/1,860 MWh battery storage system in a SECI auction. The 25-year project, won at a tariff of Rs 3.53/kWh, involves a four-hour daily peak power supply and will be connected to the interstate transmission system. ...Less

The government has abolished the windfall tax on aviation turbine fuel, crude products, petrol, and diese ...More

The government has abolished the windfall tax on aviation turbine fuel, crude products, petrol, and diesel after extensive deliberations. This decision is a relief for oil giants like Reliance and ONGC. The levy, introduced in July 2022 due to rising global crude prices, had aimed to capture revenue from producers' windfall gains. This move shall benefit the refining margins significantly. ...Less

JM Financial recommends buying Reliance Industries with a target price of Rs 1,660. The current market pr ...More

JM Financial recommends buying Reliance Industries with a target price of Rs 1,660. The current market price is Rs 1317.6. The stock’s recent decline is attributed to a downgrade in earnings and stake sales by FIIs. However, a strong recovery in earnings for Q3 FY25 and future growth in Jio’s ARPU are expected. ...Less

RIL Share Price: Reliance Industries will reveal its July-September 2024 quarterly results today, with ex ...More

RIL Share Price: Reliance Industries will reveal its July-September 2024 quarterly results today, with expected declines in net profit by 10% year-on-year and net sales by 0.6%. The oil-to-chemicals segment is anticipated to underperform, while consumer businesses and Jio Platforms likely show resilience. ...Less

Mukesh Ambani’s net worth stands at $96.3 billion as of December 17, while Gautam Adani’s is $80.8 billio ...More

Mukesh Ambani’s net worth stands at $96.3 billion as of December 17, while Gautam Adani’s is $80.8 billion. Ambani, India’s richest man and Reliance Industries Chairman, faced wealth erosion this year due to underperformance in the energy and retail businesses, slowing sales growth, and investor concerns over debt, despite the company’s focus on digital, renewables, and retail expansion. ...Less

Reliance Power shares surged after Solar Energy Corporation of India Limited withdrew its debarment notic ...More

Reliance Power shares surged after Solar Energy Corporation of India Limited withdrew its debarment notice. The withdrawal allows Reliance Power and its subsidiary to participate in SECI tenders again. The legal proceedings led to this decision, although SECI retains the right to take further actions per the law. Reliance Power shares have increased significantly in 2024. ...Less

Reliance Jio is urging India's telecom regulator to auction satellite spectrum, arguing that global compa ...More

Reliance Jio is urging India's telecom regulator to auction satellite spectrum, arguing that global companies like Starlink and Amazon Kuiper aim to serve all users, not just remote areas. Jio believes that auctions would ensure a level playing field for Indian companies and prevent foreign dominance in the satellite broadband market. ...Less

The way large, mid- and small-caps are classified in the Indian market, stocks with huge divergences in m ...More

The way large, mid- and small-caps are classified in the Indian market, stocks with huge divergences in market cap find themselves in the same category. Consider this example. A financial services company with a market cap of close to Rs. 50,000 crore and a private sector bank with a market cap 28 times bigger are both large-cap companies. So, while looking at the broad category called large-cap, make a distinction not only between sectors, but also intra-sector. In the recent round of correction, some stocks have dipped sharply, providing an opportunity to look at them with a long-term perspective. And if you are looking at large-caps, have a combination of old large-caps and those that recently entered the category. ...Less

The NSE includes only highly liquid stocks in the F&O segment, ensuring they meet a minimum average daily ...More

The NSE includes only highly liquid stocks in the F&O segment, ensuring they meet a minimum average daily turnover and display stable price movements. This selection process helps foster a more secure environment for derivatives trading. ...Less

Reliance Jio, Bharti Airtel, and Vodafone Idea suffered significant subscriber losses in August due to a ...More

Reliance Jio, Bharti Airtel, and Vodafone Idea suffered significant subscriber losses in August due to a sharp tariff hike in July, according to TRAI data. Jio lost 4.01 million subscribers, Airtel lost 2.4 million, and Vodafone Idea lost 1.8 million. In contrast, BSNL gained 2.5 million subscribers. ...Less

Jio Financial and BlackRock received in-principle approval from Sebi for their mutual fund project. The j ...More

Jio Financial and BlackRock received in-principle approval from Sebi for their mutual fund project. The joint venture also plans wealth management and broking services. Jio Financial aims for major growth in fintech, leveraging its ties with Reliance's digital and retail sectors. Foreign stake limit has been raised to 49%. ...Less

RIL Share Price: Shares of Reliance Industries are down 18% from their July peak, driven by investor worr ...More

RIL Share Price: Shares of Reliance Industries are down 18% from their July peak, driven by investor worries over disruptions from quick commerce impacting Mukesh Ambani's retail ambitions. The grocery and electronics sectors face potential market share loss or margin pressure, while apparel remains largely unaffected. ...Less

Reliance Industries Q2 Results: The company exceeded profit forecasts in the second quarter, despite a ma ...More

Reliance Industries Q2 Results: The company exceeded profit forecasts in the second quarter, despite a marginal 0.2% YoY revenue growth to Rs 2.35 lakh crore and a 2% decline in EBITDA. The company's profit beat the ET Now poll estimate of Rs 15,716 crore, signalling strength despite the slight dip in revenue and EBITDA. EBITDA margins also decreased by 50 basis points to 17%. ...Less

Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compa ...More

Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compared to Rs 68,937 crore in the same quarter last year. This dip was attributed to weaker demand in the fashion and lifestyle sector, along with a strategic focus on streamlining operations and adjusting its B2B approach to boost margins. Despite this, the retail arm still generated a substantial gross revenue of Rs 76,302 crore, though this figure also represents a 1.1% drop year-on-year. ...Less

Reliance Industries secures the top position in the 2024 Wizikey News Score ranking with a score of 97.43 ...More

Reliance Industries secures the top position in the 2024 Wizikey News Score ranking with a score of 97.43. This marks the fifth consecutive year that Reliance has led the rankings, showcasing consistent growth in media visibility across various metrics such as news volume, headline presence, publication reach, and readership. ...Less

The rate hikes helped grow the average revenue per user (ARPU) by 7.3% from a quarter earlier to Rs195.10 ...More

The rate hikes helped grow the average revenue per user (ARPU) by 7.3% from a quarter earlier to Rs195.10 for India’s telecom market leader. But it lost 10.9 million subscribers from the prior quarter to mainly state-run Bharat Sanchar Nigam Ltd that didn’t raise rates, said analysts. This was the first time in 12 quarters that it posted a fall in subscriber count. ...Less

Bharti Airtel is likely to see stronger sequential revenue growth in Q2FY25 compared to Reliance Jio and ...More

Bharti Airtel is likely to see stronger sequential revenue growth in Q2FY25 compared to Reliance Jio and Vodafone Idea. Recent rate hikes benefit all three private telcos, though subscriber losses are expected. Airtel's user losses are anticipated to be minimal due to its lower base of price-sensitive customers. ...Less

The English Premier League has signed a three-year media rights deal worth $65 million with JioStar for t ...More

The English Premier League has signed a three-year media rights deal worth $65 million with JioStar for the Indian market, starting 2025-26. This deal represents a slight increase from the current $60 million agreement. Falling television viewership and reduced competition have led to a steady decline in EPL’s Indian media rights value over the past decade. ...Less

Jio Financial Services and Zomato are likely to join the Nifty 50, replacing BPCL and Eicher Motors, acco ...More

Jio Financial Services and Zomato are likely to join the Nifty 50, replacing BPCL and Eicher Motors, according to a JM Financial report. This signals a shift towards India's booming financial and digital sectors. The NSE recently added 45 stocks to its F&O segment, including Zomato, DMart, BSE, YES Bank, Paytm, and LIC. ...Less

Are you looking for a high-quality Wi-Fi modem for your home? If so, then continue reading this article t ...More

Are you looking for a high-quality Wi-Fi modem for your home? If so, then continue reading this article to learn about the best Wi-Fi modems in India which are readily available on Amazon. We have added every detail about these modems in this article to help you make an informed decision. ...Less

Implemented in July 2022, the windfall tax targeted the substantial profits earned by oil producers amid ...More

Implemented in July 2022, the windfall tax targeted the substantial profits earned by oil producers amid surging global crude prices. Reliance Industries shares traded positively at ?1,300.35 per share on Monday at 1:21 PM, up nearly 2% from the day’s low of ?1,277.00. ...Less

Reliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Ene ...More

Reliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Energy Corporation of India. SECI had accused Reliance Power of submitting fake documents. The ban prevented Reliance Power from bidding on future projects. The court's decision offered relief to the company. The share price reacted positively to the news. ...Less

Mobile users are switching back to private telcos like Airtel and Jio. BSNL gained subscribers after the ...More

Mobile users are switching back to private telcos like Airtel and Jio. BSNL gained subscribers after the July price hikes. However, its network issues are driving users away. BSNL's 4G rollout is slow, and 5G is absent. Airtel and Jio are regaining their lost customers. BSNL's competitive pricing is not enough to retain users. ...Less

The structural transformation in the auto sector is much talked about – and given credit by the street. A ...More

The structural transformation in the auto sector is much talked about – and given credit by the street. Another sector that has been undergoing a structural transformation – though quietly – is the energy sector. Few have noticed, but the large companies in the energy space – whether in oil marketing, refining, or any other – have been forming joint ventures or floating subsidiaries to get into New Energy areas. This transition is much bigger than in the auto space – but a bit too slow to excite the street. Investors, however, better wake up to the development: It will be a more sustainable change, on much bigger balance sheets, and a longer runway of growth. ...Less

Indian benchmark equity indices, Sensex and Nifty50, opened slightly higher for the fourth consecutive se ...More

Indian benchmark equity indices, Sensex and Nifty50, opened slightly higher for the fourth consecutive session, supported by gains in heavyweights HDFC Bank, ITC, and L&T, ahead of the Reserve Bank of India's interest rate decision. Despite some challenges, markets remain resilient with investors advised to adopt a cautious strategy. ...Less

RIL share price: Reliance Industries (RIL) shares will be in focus on Friday after its step-down subsidia ...More

RIL share price: Reliance Industries (RIL) shares will be in focus on Friday after its step-down subsidiary, Reliance Finance and Investments USA LLC, acquired a 21% stake in US-based Wavetech Helium, Inc. for around $12 million. The deal was finalized through a stock purchase agreement signed on November 27, 2024. ...Less

Reliance's Jio has reduced the price of 'JioBharat' 4G phones from Rs 999 to Rs 699 for a limited period. ...More

Reliance's Jio has reduced the price of 'JioBharat' 4G phones from Rs 999 to Rs 699 for a limited period. The JioBharat phone has captured 50% market share in the sub-Rs 1,000 segment. Launched to assist in transitioning from 2G to 4G networks, the phone aims to make digital networks accessible to more people at affordable costs. ...Less

Indian equity indices rose for the fifth consecutive day, driven by gains in Reliance Industries and IT s ...More

Indian equity indices rose for the fifth consecutive day, driven by gains in Reliance Industries and IT stocks. Investors awaited the RBI's rate decision, with analysts highlighting the possibility of a CRR reduction. Global markets also saw gains, with the S&P 500, Nasdaq, and Dow hitting record highs. FIIs continued buying equities while DIIs sold. ...Less

Reliance Industries stock is facing pressure due to large investors reducing their stake. Uncertainty aro ...More

Reliance Industries stock is facing pressure due to large investors reducing their stake. Uncertainty around the unlocking of value in Jio and Reliance Retail is also a concern. However, other large-cap stocks like Bajaj Finserv and metal companies offer good investment opportunities. Banks are expected to perform well once interest rates decrease. ...Less

HDFC Bank Share Price: HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on T ...More

HDFC Bank Share Price: HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on Thursday after its stock hit a fresh record high of Rs 1,836.05 on the BSE. The market cap peaked at Rs 14,00,710 crore before slipping amid profit-taking in the broader markets. At 11:17 am, shares were trading at Rs 1,808.40, down 0.14%. ...Less

Analysts and industry experts believe that Starlink's entry into the Indian market is unlikely to pose an ...More

Analysts and industry experts believe that Starlink's entry into the Indian market is unlikely to pose an immediate threat to Reliance Jio and Bharti Airtel. This is because Starlink's global satellite broadband tariffs are significantly higher than the fixed broadband rates offered by the Indian telecom giants. ...Less

Private telcos in India are urging the regulator to ensure new satellite communication players like Starl ...More

Private telcos in India are urging the regulator to ensure new satellite communication players like Starlink and Kuiper pay market-determined prices for spectrum, aligning with terrestrial network providers. They argue for fair competition by imposing similar pricing, regulatory levies, and licensing fees on satellite operators. ...Less

Swan Energy shares surged 6% after approving the amalgamation of Triumph Offshore and Reliance Naval, aim ...More

Swan Energy shares surged 6% after approving the amalgamation of Triumph Offshore and Reliance Naval, aiming to streamline operations and enhance competitiveness in the shipbuilding and engineering sectors. ...Less

India's major private telecom providers, Jio, Airtel, and Vodafone, experienced a combined loss of over 1 ...More

India's major private telecom providers, Jio, Airtel, and Vodafone, experienced a combined loss of over 10 million wireless subscribers in September. In contrast, state-owned BSNL gained nearly 850,000 subscribers. This shift follows a recent price hike by the private companies, while BSNL has maintained its rates and introduced new services to attract customers. ...Less

Pashupati Advani believes markets lack a real trigger for growth, resulting in a difficult environment fo ...More

Pashupati Advani believes markets lack a real trigger for growth, resulting in a difficult environment for retail investors to profit. He is cautious, holding cash and investing conservatively in sectors like cement and pharma. Although FIIs are selling, SIPs are steady. He sees challenges ahead for sectors like IT due to rupee depreciation. ...Less

Vodafone Idea (Vi) signs a ?14,000 crore deal with Ericsson to procure 4G and 5G equipment over three yea ...More

Vodafone Idea (Vi) signs a ?14,000 crore deal with Ericsson to procure 4G and 5G equipment over three years. Ericsson will supply base stations for key regions and enhance Vi's 4G and 5G services, helping the telco improve network performance and competitiveness against major rivals. ...Less

Jio Payment Solutions Limited received approval from the RBI to operate as an online payment aggregator, ...More

Jio Payment Solutions Limited received approval from the RBI to operate as an online payment aggregator, boosting its digital payment services. Effective from October 2024, this authorization supports Jio Financial Services' ambition to lead in digital finance, with significant growth in digital transactions and a notable presence in payment systems. ...Less

SpaceX, Amazon Kuiper, and Globalstar urge India to allocate satellite spectrum administratively at minim ...More

SpaceX, Amazon Kuiper, and Globalstar urge India to allocate satellite spectrum administratively at minimal charges for 20 years, while telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea advocate for market-determined prices to ensure fair competition due to overlapping services. ...Less

The Supreme Court on Monday rejected SEBI's appeal against a Securities Appellate Tribunal ruling that ha ...More

The Supreme Court on Monday rejected SEBI's appeal against a Securities Appellate Tribunal ruling that had overturned SEBI's 2021 order against Reliance Industries, Mukesh Ambani, and the Navi Mumbai and Mumbai SEZs. ...Less

BSNL is reviving its position in India's telecom market by gaining subscribers and offering competitive t ...More

BSNL is reviving its position in India's telecom market by gaining subscribers and offering competitive tariffs. Government support, including a substantial financial package and a push for indigenous 4G technology, fuels this resurgence. ...Less

Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, ...More

Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly submitting fake bank guarantees. SECI discovered that the bank guarantee submitted by Reliance NU BESS was fake and has barred the companies from participating in its tenders for three years. ...Less

?Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not b ...More

?Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not be so bullish, I think they will continue to lose market share. ...Less

Vodafone Idea Share Price: Vodafone Idea's shares rose 8.3% after announcing $3.6 billion deals with Noki ...More

Vodafone Idea Share Price: Vodafone Idea's shares rose 8.3% after announcing $3.6 billion deals with Nokia, Ericsson, and Samsung for telecom equipment over three years. This marks the first step in their Rs 55,000 crore capex plan to expand 4G coverage and launch 5G in key markets. ...Less

Jio Financial Share Price: Revenue from operations in the reported quarter stood at Rs 693.50 crore, up 1 ...More

Jio Financial Share Price: Revenue from operations in the reported quarter stood at Rs 693.50 crore, up 14% over Rs 608.04 crore posted by the company in the corresponding quarter of the previous financial year. ...Less

An anonymous Delhi-based techie offers to sell the JioHotstar domain to Reliance Industries at a reduced ...More

An anonymous Delhi-based techie offers to sell the JioHotstar domain to Reliance Industries at a reduced price to fund his Cambridge studies. Despite his proposal, he has yet to hear from Mukesh Ambani's conglomerate. Legal experts suggest he has a strong case for compensation. ...Less

Reliance Jio continues its dominance in the Indian telecom market, gaining 1.7 million subscribers in Sep ...More

Reliance Jio continues its dominance in the Indian telecom market, gaining 1.7 million subscribers in September 2024, while Airtel and Vi faced losses. Jio's success is attributed to its stable pricing strategy, particularly in the feature phone segment and strategic ISD plans. ...Less

In July 2023, Reliance Group’s Jio Financial Services (JFS) and BlackRock announced a 50:50 joint venture ...More

In July 2023, Reliance Group’s Jio Financial Services (JFS) and BlackRock announced a 50:50 joint venture, Jio BlackRock. In October, JFS received in-principle approval from capital market regulator Sebi to act as co-sponsors and establish the proposed mutual fund with BlackRock Financial Management. ...Less

JPMorgan lowered Reliance Industries' target price to Rs 1,468, citing weak retail growth and refining ma ...More

JPMorgan lowered Reliance Industries' target price to Rs 1,468, citing weak retail growth and refining margins. Despite challenges, RIL's solar panel manufacturing plans offer potential upside. Shares are trading at Rs 1,232.65. ...Less

Reliance Industries Limited, Viacom18, and The Walt Disney Company have finalized the merger of Viacom18' ...More

Reliance Industries Limited, Viacom18, and The Walt Disney Company have finalized the merger of Viacom18's media and JioCinema businesses with Star India. The newly formed venture, valued at approximately US$8.5 billion, brings together popular brands like 'Star', 'Colors', 'JioCinema', and 'Hotstar' under a single umbrella. ...Less

RIL Share Price: Reliance Industries' shares dipped 2% following a block deal involving 11.9 lakh shares. ...More

RIL Share Price: Reliance Industries' shares dipped 2% following a block deal involving 11.9 lakh shares. The company's market value has shrunk by nearly $50 billion since July, attributed to a decline in earnings and a slowing economy. Despite issuing bonus shares recently, the stock has struggled, with a 5% drop in consolidated net profit for the latest quarter. ...Less

Indian benchmark equity indices opened flat on Wednesday, with gains in some stocks offset by losses in o ...More

Indian benchmark equity indices opened flat on Wednesday, with gains in some stocks offset by losses in others. The Sensex traded slightly lower, while the Nifty50 also dipped. Adani Group stocks saw gains of up to 4%, countering losses in companies like Reliance Industries and Bharti Airtel. ...Less

Internet enthusiasts are buying domains to profit, but big gains require skill and patience. Experts say ...More

Internet enthusiasts are buying domains to profit, but big gains require skill and patience. Experts say domain flipping can be profitable if done right, but success requires skilled research and early trend-spotting, not blindly chasing popular domains. All you need to know about domain flipping ...Less

According to Trai data, Jio lost 8 million 4G/5G users in September while Airtel and Vodafone Idea added ...More

According to Trai data, Jio lost 8 million 4G/5G users in September while Airtel and Vodafone Idea added 0.4 million mobile broadband users each. State-run Bharat Sanchar Nigam Ltd (BSNL), which did not raise prices, added 1.5 million such users. ...Less

The government has been trying to attract foreign investment in the satellite broadband market by allocat ...More

The government has been trying to attract foreign investment in the satellite broadband market by allocating satellite spectrum at a pre-decided price. Ambani, as a last resort, has called for review of the prospective reach of Elon Musk's Starlink and Amazon's Kuiper. Reliance had initially called for an auction of the satellite spectrum but to no avail. ...Less

The NSE Nifty index was trading 21.4 points down at 24119.9 ...More

The NSE Nifty index was trading 21.4 points down at 24119.9 ...Less

Dubai-based siblings, Jainam and Jivika, have decided to transfer the ownership of the domain 'jiodisneyp ...More

Dubai-based siblings, Jainam and Jivika, have decided to transfer the ownership of the domain 'jiodisneyplushotstar.com' to Reliance for free. The siblings had purchased the domain from a Delhi-based developer who had initially registered it. Reliance will receive the domain after a formal agreement is signed. ...Less

Telecom Minister Jyotiraditya Scindia confirmed that satellite spectrum will be allocated administrativel ...More

Telecom Minister Jyotiraditya Scindia confirmed that satellite spectrum will be allocated administratively, not without cost. TRAI will decide the allocation formula. The Telecom Act 2023 supports administrative allocation, unlike Reliance Jio, favoring auctions. Bharti Airtel’s Sunil Mittal believes the satcom sector should follow telecom rules. ...Less

On the charts, the stock has been in a downtrend since peaking around the Rs 1,610 level and is currently ...More

On the charts, the stock has been in a downtrend since peaking around the Rs 1,610 level and is currently positioned below its 200-day exponential moving average (DEMA). In September, the price entered a consolidation phase, followed by a death crossover on October 1, when the 10 DEMA crossed below the 20 DEMA. ...Less

Given the events of the past week – and expected global cues – the markets are likely to remain volatile ...More

Given the events of the past week – and expected global cues – the markets are likely to remain volatile for a while and even see some correction. So, be mindful of two things before making any buy decision. First, manage risks. If you manage risks well, returns will follow. Second, don't buy stocks because they look relatively cheap compared to the recent past – and that too based on a single ratio, the PE ratio. Rather, use the PEG ratio. This is determined by dividing a company’s PE multiple with its growth rate. (See example below.) By focusing on PEG, investors will be able to better differentiate between genuinely valuable growth opportunities and those stocks that appear cheap – and are cheap for a reason. ...Less

?My view is that Q3, which has been a festive season, should show pickup in demand and Q4 also should be ...More

?My view is that Q3, which has been a festive season, should show pickup in demand and Q4 also should be good. So, the bit of a slowdown which did a lot of damage for the Q2 numbers, we probably will cross that hump and corporate results will start coming back. The numbers will start looking decent. Rural income has already picked up. Rural spending has picked up. ...Less