RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
'Indian hockey will lose out on one of its most important nurseries of good hockey talent.'
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
Former world heavyweight champion Muhammad Ali, died on Friday aged 74, had a record-setting boxing career. His unprecedented flair for showmanship and controversial stands made him one of the best-known figures of the 20th century,
Experts say foreign investor sentiment was bolstered by the US Federal Reserve's decision to go slow with interest rate hikes and hopes of political stability.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Based on a feedback, the exchange could cap a sector's weight at 25 per cent, or align with the broader market.
Muhammad Ali's hometown of Louisville will honour the former boxing champion on Friday with a procession through the Kentucky city and public funeral at a sports arena, a tribute befitting a local hero who achieved global stature as a humanitarian.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
Seeing the potential of shale gas, Reliance Industries moved early to secure a foothold in the Marcellus shale reserves in the US.
Companies write off investments, shed assets as initial projections go haywire
The death of Muhammad Ali, the former heavyweight champion known as much for his political activism as his boxing brilliance, triggered a worldwide outpouring of affection and admiration for one of the best-known figures of the 20th century.
More than 60 years ago, a bicycle thief in Louisville, Kentucky, unknowingly set in motion one of the most amazing sports careers in history.
Bikash Mohapatra salutes boxing legend Muhammad Ali.
