Tag: Reliance Industries

India Inc. Hit by High Input Costs and Low Demand

Indian firms are being squeezed by rising input costs and cooling demand, resulting in a slowdown in earnings and revenue growth compared to recent quarters. An ETIG analysis of 600 companies that have announced results for the quarter ended March 31, 2012, shows that net profit, excluding firms in banking & financial services and oil […]

Jai Corporation To Raise Rs 5,686 Crore Through Venture Capital

Anand Jain-controlled Jai Corporation, an infrastructure company, has raised commitments worth five thousand six hundred eighty six crore rupeees through its venture capital management company’s two funds. Urban Infrastructure Venture Capital, the company’s venture capital company, is the Indian Advisor to UIREF, a Mauritius-based offshore fund that invests in Indian real estate. Urban Infrastructure Real […]

High Rentals Hit Retail Expansion Plans

The expansion plans of retail companies have taken a hit due to the rising real estate rentals. Talking to media persons, K Dasaratharaman, president (specialty retail), Spencer Retail, the retail arm of the RPG group, maintained that the real estate prices are a critical aspect while choosing the location of new stores.” Dasaratharaman said that […]

Land AcquisitionIn Haryana by RIL run into Problem

The plans of India’s leading private sector company by market capitalization, Reliance Industries Ltd (RIL), to create special economic zones (SEZs) at Jhajjar and Gurgaon in Haryana give the impression to have run into problem over issues related to land acquisition, with land owners in the area demanding around three times the amount the company […]

Effect Of Rising Oil Price On Stock Market

As oil prices continue to rise, stock markets across the world are finding it difficult to find any support. The recent fall in Indian market has been very quick. Market experts were expecting technical bounce, but the markets lost further ground. On 9th june(today), Stock markets opened lower and BSE benchmark Sensex dropped below 15,000. […]

Carrefour May Choose Parsvnath For India Foray

Carrefour, the world’s second largest retailer, is considering the franchise model to initially expand its presence in the country and may announce a local partner in four weeks. The French retailer, which has held talks with as many as 50 domestic business houses including Mumbai-based Wadia group and Mukesh Ambani-led Reliance Industries and real estate […]

Retail Players Lap Up Stocks As FIIs Exit

As the four-year bull run in the Indian market went into a sharp correction early this year, foreign investors quietly withdrew part of their holdings in leading stocks while retail investors bought into them. Domestic investors(including institutions, MFs and retail investors)were net buyers in those top companies. These entities together bought around 1.1 percentage point […]

Reliance Industries results on April 21

The Mukesh Ambani sponsored Reliance Industries Ltd on 14th April said the company would publicize its yearly financial result on April 21. In an interview to the Bombay Stock Exchange, he said that a meeting of the board of directors of the company would be organized on April 21 to consider and approve the financial […]