Page 10 - Reliance Group
Market capitalisation of Bajaj Group tops Rs 10 trn for first time
All the five listed firms belonging to the late Rahul Bajaj-Group ended with gains amid a rally in the market
 "Market capitalisation of Bajaj Group tops Rs 10 trn for first time")
Indian refiners resume imports of Venezuelan oil, RIL seeks direct deal
But Venezuela's oil output has been volatile, limiting what it can offer for exports
 "Indian refiners resume imports of Venezuelan oil, RIL seeks direct deal")
Reliance Retail, Naturals Salon call off acquisition deal over valuation
Last year, Business Standard reported that Reliance Retail would foray into the salon business by acquiring a 49% stake in Naturals Salon & Spa
 "Reliance Retail, Naturals Salon call off acquisition deal over valuation")
Insolvency and Bankruptcy Code: Personal guarantors get no SC reprieve
More than 200 petitions, including by Anil Ambani, challenged law on due process
 "Insolvency and Bankruptcy Code: Personal guarantors get no SC reprieve")
FY24 might witness minimum 15-20% rise in corporate bond issuances
Yields on AAA rated corporate bonds fell by 7 basis points across tenures in the first week of November
 "FY24 might witness minimum 15-20% rise in corporate bond issuances")
Reliance Capital Q2FY24 result: Net loss at Rs 239 cr; revenue up 10%
The company's revenue from operations was up 10.29 per cent to Rs 6,392.6 crore during the quarter under review against Rs 5,795.8 crore last year
 "Reliance Capital Q2FY24 result: Net loss at Rs 239 cr; revenue up 10%")
Reliance Power's loss narrows to Rs 237 cr in Q2 due to higher revenues
Reliance Power's consolidated net loss narrowed to Rs 237.76 crore in the September quarter due to higher revenues, the company said in a BSE filing on Tuesday. Its consolidated net loss stood at Rs 340.26 crore in the year-ago period, as per the filing. Total income rose to Rs 2,130.83 crore during the quarter, from Rs 1,945.14 crore last year. Reliance Power, a part of the Reliance Group, is the country's leading private sector power generation and coal resources company.
 "Reliance Power's loss narrows to Rs 237 cr in Q2 due to higher revenues")
Q2 results: All-round show delivers 27.4% net profit surge for RIL
Q2 sales, PBIDT highest ever for firm; marginal miss on PAT
 "Q2 results: All-round show delivers 27.4% net profit surge for RIL")
Jio Platforms Q2 net profit increases 12% on stronger subscriber base
Jio Platforms' earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the quarter was a record Rs 13,528 crore, up 12.6 per cent Y-o-Y
 "Jio Platforms Q2 net profit increases 12% on stronger subscriber base")
JioCinema to release 'world's first angel investment show', Indian Angels
OTT platform JioCinema is set to release another investment show named 'Indian Angels'. The show will increase competition into a space currently dominated nationwide by hit show Shark Tank India
 "JioCinema to release 'world's first angel investment show', Indian Angels")
This Gulf fund is considering additional investments of $600 mn in RRVL
ADIA already holds a 1.20 per cent stake in Reliance Retail Ventures Limited (RRVL), which it bought in October 2020 for Rs 5,512.50 crore ($751 million)
 "This Gulf fund is considering additional investments of $600 mn in RRVL")
KKR set to invest over Rs 2k cr in Reliance Retail to raise stake to 1.42%
KKR stake in RRVL will go to 1.42% from 1.17%
 "KKR set to invest over Rs 2k cr in Reliance Retail to raise stake to 1.42%")
Reliance Retail total debt up 73%; RRVL expected to continue pumping money
Reliance Retail Limited's debt-to-equity ratio increased from 1.35 in FY22 to 1.91 in FY23
 "Reliance Retail total debt up 73%; RRVL expected to continue pumping money")
Asian Games 2022: Here are the companies helping Indian team dress up
Asian Games 2022: India's largest-ever contingent comprising 634 athletes will represent the country at the event that will take place from September 23 to October 8 in Hangzhou, China
 "Asian Games 2022: Here are the companies helping Indian team dress up")
Reliance General Insurance, OLA Electric to enhance 2W customer experience
Under this alliance, both companies will aim to transform the total ownership of OLA customers
 "Reliance General Insurance, OLA Electric to enhance 2W customer experience")
Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz
Last December, Reliance Retail Ventures acquired Metro Cash and Carry India for Rs 2,850 crore
 "Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz")
Collectives, credit, convergence: Roadmap to make 20 mn women 'lakhpatis'
A pathway to having an inclusive India is achievable, writes Amarjeet Sinha
 "Collectives, credit, convergence: Roadmap to make 20 mn women 'lakhpatis'")
RIL AGM LIVE: Mukesh Ambani to remain CMD for 5 years, mentor new leaders
RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here
 "RIL AGM LIVE: Mukesh Ambani to remain CMD for 5 years, mentor new leaders")
Reliance AGM: Where and how to watch Reliance's 46th annual general meeting
Reliance AGM 2023: Mukesh Ambani, chairman of Reliance Industries, will address the shareholders and talk about the company's past performance as well as further plans
 "Reliance AGM: Where and how to watch Reliance's 46th annual general meeting")
Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO
Further dilution of stake might make its IPO size manageable