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DALAL STREET (Up 23.97) ON Tuesday, a smart rally in select heavyweights such as Reliance Industries, Hindustan Lever and L&T aided the Sensex once again to close in positive territory [...]

MUMBAI, Jan. 12. TWO more insurance companies - Tata AIG General Insurance Co Ltd and Reliance Life Insurance Co Ltd - have received in- principle registration as general insurers from [...]

NEW DELHI, Dec. 30. IN a move aimed at positioning itself as the powerhouse for new economy ventures in the country, the Reliance group has decided to foray into the [...]

NEW DELHI, Dec. 14. TALLY Solutions, a Bangalore-based software development company in which the Reliance group had picked up a 50 per cent stake in November 1999, is planning to [...]

MUMBAI, Dec. 5 - THE Reliance group is close to finalising a deal to buy out JCT's fibre unit at Hoshiarpur in Punjab. The financial institutions (FIs) are meeting this [...]

BANGALORE, Dec. 4. RELIANCE and BPL, who are laying optical fibre cables in Karnataka, will be offering their services commercially in February, according to Mr Vivek Kulkarni, Karnataka's IT Dept [...]

MUMBAI, Nov. 24. BSES Ltd has inducted two representatives of the Reliance group on its board of directors. Mr S. Seth and Mr S.C. Gupta, representing Reliance Power Ventures and [...]

THIRUVANANTHAPURAM, Nov. 25. THE Reliance group will make investments worth Rs 700 crore over the next 15 months in rolling out a State-wide optical fibre network. The group has already [...]

PERHAPS THE most predictable part of the BSES takeover drama - a marginal and meaningless price revision that may be intended to convey the psychological impression that the acquirer is [...]

THE market was confined to a narrow range last week. With a truncated trading settlement, business volume too was at a low ebb. The lack of sustained upside momentum and [...]

NEW DELHI, Oct. 22. THE Reliance group has sought the approval of the Finance Ministry to disinvest its shares abroad through issuance of either global depository receipts (GDRs) or American [...]

MUMBAI, Oct. 13. THE SEBI Chairman, Mr. D.R. Mehta, today refused to be drawn into the Bombay Dyeing-Arun Bajoria controversy. He told newspersons: 'There seems to be a lot of [...]

THE BSE Sensitive Index is the most widely followed stock exchange barometer in the country. Though it is narrow, with just 30 stocks compared to other indices such as the [...]

MUMBAI, Aug. 30. NO sooner did the Insurance Regulatory Development Authority (IRDA) open its window on August 16 for accepting applications from new private players than there is an exodus [...]

MUMBAI, Aug. 24. THE board of BSES Ltd will meet in early September to consider the request of the Reliance group for representation on the board, or participation in the [...]

Recommendation: Avoid THE Reliance Monthly Income Plan, open for subscription, is an open-end scheme modelled on the lines of UTI's popular Monthly Income Plan series. It proposes to invest around [...]

Recommendation: Sell OF THE five equity schemes in the UTI's Growth Sector Fund Series, two that caught the attention of investors were UTI GSF Petro Scheme and UTI GSF Services [...]

COULD Larsen and Toubro be next after BSES on the Reliance group's buy-list? The Reliance group, acting through Reliance Industries, and a closely-held firm, has taken a 26 per cent [...]

STOCK markets are expected to remain range-bound in the coming week. A run-away rally in prices looks a remote possibility. Market players peg the Sensex movement between 4,700 and 5,100 [...]

THE ROLE of the investment institutions, such as the Unit Trust of India and insurance companies, in Reliance's open offer for BSES deserves to be closely scrutinised for inaction. The [...]

MUMBAI, July 7. FINANCIAL institutions have decided to stay away from Reliance Industries' open offer for BSES Ltd even as the last date for revising the offer price lapsed on [...]

Recommendation: Reject SHAREHOLDERS of BSES can give the open offer by Reliance Power Ventures Ltd (RPVL), a wholly-owned subsidiary of Reliance Industries (RIL), and RIL to buy out their shares [...]

The decision of Reliance group to increase the open offer price for BSES may not lead to any sharp uptrend in the stock price of the latter. The Reliance group [...]

IT IS now clear that BSES's only suitor will be Reliance Industries. In addition, BSES's top management is for the acquisition. There have been indications from this quarter as to [...]

GUWAHATI, June 13. THE Assam Industries and Commerce Minister, Mr. Gunin Hazarika, has requested the Union Ministry of Petroleum and Natural Gas to intervene in finalising the gas supply agreement [...]

HYDERABAD, June 9. THE Andhra Pradesh Chief Minister, Mr. N. Chandrababu Naidu, on Friday, held parleys with representatives of the Reliance group on the fibre optic cable connectivity project in [...]

MUMBAI, June 9. THE deadline for a counter bid to the Reliance open offer for a 20 per cent stake in Mumbai-based power company BSES Ltd, ended today without anyone [...]

WITH the market remaining bullish on Thursday, the trend in both the indices continued to be bullish for the 14th consecutive day. As the position of the bulls has been [...]

THE narrow movement on Wednesday's trading resulted in both the indices closing only with a marginal increase from the previous closing level. Initial bull pressure was completely overtaken by the [...]

THE uptrend in both the indices continued for the twelfth consecutive day with market sentiment remaining strongly bullish. The last quoted value of both the BSE Sensex and the S&P [...]

THE stock price of BSES may show some weakness in the short-term with the rather disappointing offer price from Reliance Industries. The latter has offered to buy up to 20 [...]

THE OPEN offer for a 20 per cent stake in BSES at Rs. 234 per share announced by Reliance Industries (outlay: Rs. 650 crores) does not offer a value for [...]

THE uptrend in the BSE Sensex and the S&P CNX Nifty had a narrow escape from termination due to the initial bull move in the market. However, the volatile movement [...]

THE capacity for polypropylene (PP) has seen a quantum jump in the country in the last three months. First, it was Reliance Industries which commissioned its six lakh tonne plant [...]

CHENNAI: Somewhat unorthodox (and non-conservative) accounting with respect to the foreign exchange-related items on its balance sheet has seen Reliance Industries' net earnings for FY 2000 get a substantial boost [...]

IN volatile trading at the Bombay Stock Exchange, the 30- share Sensitive Index ended in positive territory, appreciating by 9.82 points (0.19 per cent) to end the day at 5156.12 [...]

CHENNAI, March 3: THE extension of the special additional duty (SAD) of 4 per cent in the Budget to traders has increased the effective protection for the domestic petrochemical industry. [...]

Partha Ghosh NEW DELHI, Jan. 24 THE Foreign Investment Promotion Board (FIPB) on Monday deferred its decision on an application filed by Reliance Industries seeking an extension of foreign collaboration [...]

BL Research Bureau THE 41 per cent growth in third quarter sales of Reliance Industries at Rs. 5,034 crores and 56 per cent rise in net earnings at Rs. 627 [...]

K. Premkumar THE index opened with a bull gap of about four points on Wednesday. In the early hours, the bulls took the index up by about 16 points from [...]

THE divestment of Indian Petrochemicals Corporation (IPCL) has begun to generate heat as the December 31 deadline for the completion of the strategic sale nears. The Government has committed to [...]

A. Srikanth THE BSE Sensex ended up with a small positive gain of 12.45 points to close the day at 4943.14. As half yearly results of companies have been flowing [...]

Poornima Kavlekar RECOVERING from Monday's fall, the BSE sensitive index gained considerably on Tuesday's trading. The index opened at 4,648.74 points; during the day's rally, it bottomed at 4,627.04 points [...]

Our Bureau MUMBAI, Sept. 28 Credit Rating Information Services of India Ltd (Crisil) has placed the 'AA -' rating assigned to the Rs. 90.5-crore non- convertible debenture issue of Raymond [...]

Our Bureau MUMBAI, Sept. 27 The Reliance group has decided to buy out Raymond Ltd's 36 per cent equity stake in Raymond Synthetics Ltd at Rs. 5 per share, a [...]

THE process for the sale of 25 per cent of the government stake in Indian Petrochemicals Corporation Ltd. (IPCL) to a strategic partner holds immense significance for the petrochemicals industry. [...]

Raghuvir Srinivasan BL Research Bureau IT IS an industry with a turnover of close to Rs. 20,000 crores. It boasts of assets grossing more than Rs. 25,000 crores. The market [...]

Abhijit Basu AURANGABAD, Sept. 1 THE Reliance group promoted 447 MW Patalganga power project is set to achieve financial closure in a month following an understanding with the Maharashtra State [...]

Manash Goswami NEW DELHI, Aug. 29 THE Centre is contemplating decanalisation of exports of petroleum products. Currently, both imports and exports of POL products are canalised through Indian Oil Corporation [...]

Our Bureau NEW DELHI, Aug. 26 The Finance Ministry has indicated that the proposal of Reliance Capital seeking approval for investment by a couple of multilateral institutions in its mutual [...]