The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bombay Stock Exchange. RIL is engaged in polymers, chemicals, fiber intermediates, petroleum, textiles and procurement business.
From 50 stores Vimal Textiles aims to have 150 in 3 years.
Reliance had already invested Rs 3,900 crore in the state.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The list acknowledges the 'inroads women are making in the business world'.
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and partly on whether the PM can get India's notoriously slow procurement process to work, say Paritosh Bansal, Sanjeev Miglani and Promit Mukherjee.
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
Prime Minister Narendra Modi on Sunday said he regrets not being able to learn the world's oldest language Tamil during his long political innings as a chief minister and prime minister.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
Raymond was one of the first to start organised apparel retail in India.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
The Aditya Birla group's decision to merge two companies, each with an existing clutch of diverse businesses, flies in the face of the accumulated wisdom regarding conglomerates, says T N Ninan.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
'My boss was a woman. Not any woman, she was a demanding, rude and foul-mouthed creature whom I liked immediately,' says Aakar Patel.
'One by one we are seeing these private banks taking people's money and mismanaging it.' 'In the last 30 years, 30 private banks have collapsed.' 'Nationalise all banks so that people's money is safe.'
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Prime Minister Narendra Modi on Tuesday met business leaders to hear their grievances on issues ranging from high capital cost to ease of doing business to certainty on taxation matters, as he interacted for the first time with the Indian industry chambers since taking charge over a year ago.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The West has built a culture of art philanthropy.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Investment announcement for $100 bn over 5 years likely.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
Asian markets were trading mixed with the Nikkei gaining after the US dollar strengthened against the yen.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
The rally in most of these stocks is partly attributed to impressive financial performance.
Top ten billionaires in India.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
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