In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
The high court's order came on a plea by acquitted individual and Kusegaon Fruits and Vegetables Pvt Ltd director Asif Balwa that the CBI has not placed on record the mandatory authority under the provisions of the CrPC.
The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.
India's leading badminton player Saina Nehwal says she wants to come back into competitive action stronger after recovering from a knee surgery and indicated that her best may be yet to come.
The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.
Music composer Aadesh Shrivastava who was battling cancer passed away post midnight on Friday. He was 51.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
Even as the aging app goes viral on social media, with lots of Bollywood actors having a go at it to see how they'll look when they grow old, Sukanya Verma looks at some of the most notable instances of ageing for the screen.
Facebook co-founder and CEO Mark Zuckerberg on Tuesday said India is a very special and important country with a remarkable entrepreneurship culture, as he sought to push deeper the just-launched payments services that allow users to make payments over WhatsApp. Last month, Facebook-owned WhatsApp received approval from the National Payments Corporation of India (NPCI) for rolling out its payments services in India. In 2018, WhatsApp started testing its UPI-based payments services in India -- a global first -- with about a million users.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, has been recommended for appointment as a director on the board of the company.
A generation of youngsters are waiting in the wings, ready for their shot at being the Next Big Bollywood Star.
The matter was mentioned before a bench of Delhi high court's acting chief justice Gita Mittal and kustice C Hari Shankar by Additional Solicitor General Tushar Mehta. The court allowed it to be listed for hearing on Wednesday.
June 30, 2000: The day Refugee released.
A bench of justices G S Singhvi and V Gopala Gowda said the issue raised by the accused needs to be heard before taking up other pleas challenging summoning of 13 witnesses including Reliance Anil Dhirubhai Ambani Group chairman Anil Ambani and his wife Tina Ambani.
'...to give him a signal that you cannot ignore Maharashtra, you are too close to the Centre.' 'I can see some kind of rivalry also in this, but it is better that the NIA goes deep into it.'
The list of the prestigious Padma Awards 2016 awardees is out and superstar Rajnikanth is set to be honoured with the nation's second highest civilian award, the Padma Vibhushan.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.
Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.
Thomas Blom Hansen, director of Centre for South Asia and Reliance-Dhirubhai Ambani Professor of Anthropology at Stanford University, believes that Modi wants to make India a dominant power in South Asia and that well not give concessions to Pakistan or anyone.
Anil said the company is in the process of signing a contract with the Indian Coast Guard for the first defence order for 14 fast patrol vessels
Wife Nita, who joined the board as non-executive director in FY15, draws Rs 84 lakh
NITI Aayog member V K Saraswat said the shutdown of internet services did not have any significant impact on the economy in J-K.
According to the agreement, RIL will transfer its existing textile business under the Vimal brand into a newly incorporated company in which RIL will hold 51 per cent stake. The remaining 49 per cent stake will be sold to Ruyi.
The 21-year-old woman, who has been doing her chartered accountancy articleship at Manoj Daga & Company in Hyderabad, was booked under relevant sections of Information Technology Act on September 7, after a preliminary investigation and faces arrest in the case.
Is it Rs 300 billion or Rs 66 billion or Rs 33.12 billion?
Speaking at a fireside chat with Microsoft CEO Satya Nadella, he said the big change driving this transformation was the deepening of mobile networks which were working at a much faster pace than before.
Participant Media led by Jeff Skoll and Entertainment One, a leading US-based media company, are also part of the joint venture.
'Like you have your first child, your first kiss, your first relationship... this was a first for me.' 'I've never done this before.' 'When it got over, there was a feeling of disbelief that we managed to attain this feat in a matter of three days.'
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
A founding member franchise of Indian Premier League, Mumbai Indians is a two-time winner of the T20 League in 2013 and 2015 and an equal number of Champions League T20 titles.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
Prayas Jain has been arrested for allegedly buying secret documents.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
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