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Reliance's proposed business reorganisation credit neutral: Fitch

The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards......

BSE, NSE snap 5-day losing streak in choppy trade

ONGC was the top gainer in the Sensex pack, rallying around 6 per cent, followed by IndusInd Bank, L&T, UltraTech Cement, Titan, SBI and NTPC. NSE Nifty settled 32.10 points up at 14,707.80.......

RIL to spin off oil-to-chemical biz into separate arm with $25bn loan

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,......

Reliance Ebitda back to pre-pandemic levels: Moody's

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service......

Reliance Q3 net up 12% on strong momentum in retail, Jio

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a better-than-expected 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued......

Australia beat Ireland in rain affected ODI

Australia's David Warner, right, during the ODI game against Ireland. Photograph: Charles McQuillan/Getty Images Australia defeated Ireland by 23 runs under the Duckworth/Lewis method for rain......

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VI may rule telecom scene along with Airtel & Jio

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, is betting on Ashok Leyland and Motherson Sumi in auto space. What is the outlook on the... ...

https://economictimes.indiatimes.com/markets/expert-view/vi-could-continue-to-be-a-dominant-player-in-telecom-along-with-bharti-airtel-and-reliance-jio-sudip-bandyopadhyay/articleshow/81185165.cms

BSE, NSE snap 5-day losing streak in choppy trade

ONGC was the top gainer in the Sensex pack, rallying around 6 per cent, followed by IndusInd Bank, L&T, UltraTech Cement, Titan, SBI and NTPC. NSE... ...

http://www.rediff.com/money/report/after-gyrating-667-points-sensex-ends-below-50k/20210223.htm

Fitch

The reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said in a... ...

https://economictimes.indiatimes.com/markets/stocks/news/reliances-proposed-business-reorganisation-credit-neutral-fitch/articleshow/81174479.cms

Why O2C restructuring is crucial for RIL's alternative energy venture

Taking strategic investors on board for the new-generation energy business will keep the net debt levels under control. According to Morgan... ...

https://economictimes.indiatimes.com/industry/energy/oil-gas/why-o2c-restructuring-is-crucial-for-rils-alternative-energy-venture/articleshow/81172594.cms

Indian Share Markets End Flat; Tata Steel & Tata Motors Rally Over 6%

Posted by Equitymaster After opening the day higher, Indian share markets witnessed volatility throughout the day and ended on a flat note.... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/FVPlqdhBYK0/tm.asp

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