Reliance, JSW, Amara Raja bid for 10 GWh ACC battery PLI scheme
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
Several brokerages raised target price of RIL shares.
Reliance becomes the first Indian company to cross the ₹1,00,000 crore threshold in pre-tax profits, says Mukesh D. Ambani, Chairman and MD, RIL.
Reliance Industries’ EBITDA grew 14.3% YoY to ₹47,150 crore in Q4 FY24, while the margin improved by 50 basis points YoY to 17.8%.
Reliance Industries is slated to release its March quarter earnings post-market hours today.
JFS and BlackRock India had last year formed Jio BlackRock JV to make a foray into the asset management industry
MSCI methodology makes India underweight in global indices. As a result, investors fail to capitalise on Indian equities.
The two tycoons have signed an exclusive arrangement for 500 MW of power purchase by Reliance on a long-term basis
BHEL has received an order worth ₹4,000 crore from Adani Power for setting up the 2x800 MW thermal power plant at Raigarh, Chhattisgarh.
The 5G capital expenditure cycle of Reliance Industries is expected to conclude soon.