Reliance Industries’ refining earnings will remain steady, supported by its position as India’s largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Image used for representation purpose only. Photograph: Alexander Manzyuk/Reuters Reliance
Adani Power announced that it has signed an agreement with the Bhutan government-owned Druk Green Power for developing a 570 MW hydroelectric project in Bhutan. In an exchange filing issued on September 6, the Adani Group subsidiary said Druk Green
Stocks to buy under ₹200: The Indian stock market ended flat on Friday, September 5, on profit booking as concerns over Trump tariffs and their economic fallout, as well as sustained foreign capital outflow, continued to weigh on market sentiment.
You can’t be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash. Illustration: Dominic Xavier/Rediff India has now gone five years with zero net foreign inflows into the public
Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Photograph: Dado
Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. Photograph: Anushree Fadnavis/Reuters The Mumbai-based auto major
Benchmark stock indices Sensex and Nifty closed unchanged after a volatile session on Friday as gains in oil & gas and auto shares were offset by losses in IT and FMCG shares. Photograph: Shailesh Andrade/Reuters After a volatile trade, the
India’s markets regulator launched a formal investigation into Jane Street’s trading practices even though its surveillance department had recommended otherwise, due to continued complaints from market participants, two sources with direct knowledge of the matter said. The Securities and Exchange
New Delhi, Sep 5 (PTI) Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) instruments are becoming popular in India as their combined assets under management have crossed ₹9 lakh crore in the last nine years, according to industry
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief. Illustration: Dominic Xavier/Rediff The 50 per cent tariff on Indian exports to the US has exporters on edge. From scaling back production to fears of
