reliance industries

Industries' flagship retail business entity, Reliance , has posted a net profit of almost ₹5,000 crore in fiscal 2021-22, as per latest regulatory disclosures. Net profit grew 7.6% to ₹4,934.65 crore in the fiscal year ended March 31,…

Domestic benchmark indices managed to eke out gains for a second straight session after choppy trading on Wednesday with gains in banks offsetting losses in IT stocks, yet again. The domestic market, however, fared better than global…

Shares of climbed 5 per cent in Wednesday's trade, even as the open offer by Adani Group firms for acquiring a 26 per cent stake in the media firm at Rs 294 apiece was at a 19.71 per cent discount to Tuesday's closing price of Rs…

NEW DELHI: Benchmark indices opened on a muted note on Wednesday amid weak cues from Asia and ahead of expiry of monthly futures and options contracts. At 9.25 am, the BSE Sensex was trading 57 points or 0.10 per cent higher at…

NEW DELHI: Creditors of Future RetailLtd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently facing an insolvency resolution process. The financial creditors of the companies, which mainly include…

and will submit a joint financial bid for JBF Petrochemicals, the former said in response to ET's queries on its interest to acquire the Mangalore-based bankrupt chemicals company under corporate insolvency process. "ONGC has entered…

Future Retail’s interim resolution professional has admitted Rs 17,511 crore claims from 28 financial creditors, including overseas bondholders, banks and domestic bondholders, according to a disclosure on the company website on Monday.…

NEW DELHI: Lenders to Future Retail Ltdhave submitted loan claims of about $2.64 billion under the ongoing insolvency process, according to a document released on the company's website on Monday. A Mumbai court earlier this year…

An apex court order giving the National Company Law Tribunal (NCLT) discretion over admission of insolvency cases even when default is proven has shaken bankers and lawyers. They said the ruling could deflate an already delayed process…

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week, with Limited taking the biggest hit. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. While Reliance…