Tag Archives: reliance group

Shares of the Reliance Group companies promoted by industrialist Anil Ambani – Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Power, Reliance Home Finance, Reliance Naval and Reliance Nippon Life Asset Management surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline. “The requisite payment of Rs. 550 crore and interest thereon to ... Read More »

HSBC cut Reliance Industries to ‘underweight’ from ‘neutral’ saying the energy conglomerate was unlikely to sustain a sudden jump in refining margins seen in August, while also citing concerns about the recent rally in share prices. college papers for sale HSBC maintained its target price at 800 rupees. Reliance posted its fourth consecutive drop in quarterly profit on Monday but ... Read More »