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Amidst a hurricane of controversies, which forced its founder Travis Kalanick to step down, ride-sharing app Uber is now looking for new business models and revamping exsiting ones to drive growth and get profitable.
Mumbai: The benchmark NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade today on widespread gains following sustained buying by domestic institutional investors.
Reliance Industries (RIL) traded weaker on bourses following the government’s move to recover the cost of developing KG-D6 fields in 2015-16.
New Delhi : The government has imposed a new penalty of $264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16. The total penalty now, which is in the form of disallowing recovery of cost incurred for missing the target during six years beginning April 1, 2010, stands at $3.02 billion, an oil ministry official said.
New Delhi: There is something magical about the first few steps taken by a newly independent nation. It is almost like a tiger just uncaged: it looks around, adjusts to the unfamiliar feeling, then lets out a series of roars, each one sharper and more strident. That’s how the history of India looks in those first few years after independence, a series of increasingly more ambitious steps announcing its intent and laying down its markers in the new world.
At least three current officials of SEBI and a former member are in the race for the role of wholetime member on the market regulator’s board.
The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG—D6 fields in 2015—16.
The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.
NEW DELHI: The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.
Equity benchmarks closed sharply higher on Monday, with the Sensex rising more than 300 points intraday amid easing of geopolitical tensions between US and North Korea. The market had fallen 3.5 percent in previous five consecutive sessions.
Reliance Industries and its partner BP Plc of UK will by year end submit a revised investment plan for the four satellite gas discoveries in the flagging KG-D6 block by integrating their development with two other nearby finds. Senior executives in the joint venture said four deep sea satellite gas discoveries -- D-2, 6, 19 and 22 are planned to be developed together with D29 and D30 finds in the Krishna Godavari basin of KG-D6 block.
Reliance Industries and its partner BP Plc of UK will by year end submit a revised investment plan for the four satellite gas discoveries in the flagging KG-D6 block by integrating their development with two other nearby finds.
Reliance Industries Ltd (RIL) has been the highest tax payer in the country, with the company contributing more than Rs 2,88,000 crore ($45 billion) to the national exchequer in last 10 years.
The Sensex was up 144.63 points or 0.46 per cent at 31,358.22 while the Nifty was trading up 53.10 points or 0.55 per cent at 9,763.90. The 30-share benchmark index opened at 31,299.52 and hit a high of 31,404.24 and low of 31,298.90 in early trade. Gains in Reliance Industries, Adani Ports and Maruti Suzuki contributed to Sensex gains.
The combined market valuation of nine of the top 10 most valued Indian companies plummeted by Rs 1,05,357 crore last week, with RIL and SBI emerging as the worst hit.
Bears continued to keep tight control over Dalal Street as the Sensex crashed 375 points intraday Thursday, though there was some recovery in late trade. Investors monitored geopolitical tensions surrounding North Korea that hit sentiment across the globe.
Saket Sundria & Divya Patil | Bloomberg | Mumbai August 9, 2017 Last Updated at 01:00 IST
Equity benchmarks ended near a two-week closing low on Tuesday, with the Sensex shedding 358 points intraday on profit booking post a SEBI order on shell companies and global weakness.
Mumbai: Reliance Industries Ltd plans to refinance a significant portion of about $12 billion of borrowings that mature over the next three years and may sell bonds to repay the debt, according to company executives with knowledge of the matter.
Institutions across the board – both domestic and foreign – continued to pick up Indian stocks in the June quarter. Strategists are calling this institutionalizing of Indian equities, as the largest category of shareholders (promoters) bring down their stakes, while large financial institutions increase their stakes.
10:07 am Market Check: Equity benchmarks erased opening gains, with the Nifty testing 10,000 level due to selling pressure in banking & financials and oil stocks.
NEW YORK, Aug. 7, 2017 /PRNewswire/ -- Global Polyester Staple Fiber Market: Overview Polyester staple fiber is a synthetic fiber solely comprising of a polyester. It is made from PTA & MEG or PET Chips or from Recycled PET Bottle Flakes. PSF made from PTA & MEG or PET Chips is known as Virgin PSF and PSF made from Recycled PET Flakes is called Recycled PSF. Polyester staple fiber has emerged as the fastest-growing fibre amongst all types of manufactured fibers.
Mirza International traded in the negative territory slipping 2.68% at Rs 158.20 per share at 0952 hours on BSE.
Hindustan Construction Company (HCC) was awarded a contract worth Rs 763.57 crore by the Indira Gandhi Centre for Atomic Research.