reliance industries

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    Stock Markets Decline Amid Middle East Tensions

    Mumbai, March 30 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Monday as the ongoing conflict in West Asia continued to rattle markets globally, driving up crude oil prices.Further, the continued outflow of foreign funds also contributed to the...
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    Equity Market Weakness: Key Companies See Valuation Falls

    New Delhi, March 29 The combined market valuation of seven of the top-10 most valued companies fell by Rs 1.75 lakh crore in the week leading up to the holiday, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex lost...
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    India's Fuel Taxes: SEZ Export Duty Clarity Critical for Reliance

    In New Delhi, on March 29, the applicability of newly imposed export windfall taxes on diesel and ATF shipments from Reliance Industries' SEZ refinery remains a key uncertainty following India's fuel duty overhaul, with significant implications for refining margins and government revenues...
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    Surjewala: Excise Cut is a 'Balance Sheet Move' – Urges Voters to Punish BJP

    Bangalore, March 27 AICC General Secretary Randeep Singh Surjewala accused the BJP-led government at the Centre of attempting to "deceive" the public by announcing a reduction in excise duty on petrol and diesel, alleging that this move would benefit oil companies but provide no relief to...
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    Geopolitical Chaos Fuels Investor Jitters in Indian Markets

    New Delhi, March 27 Equity investors experienced a loss of ₹8.86 lakh crore on Friday as the markets plunged, falling by over 2% as the conflict in West Asia showed no signs of easing, leading to a fresh spike in crude oil prices.The 30-share BSE Sensex fell by 1,690.23 points or 2.25%...
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    Market Reaction: Reliance Shares Plummet, Sector Declines

    New Delhi, March 27 Reliance Industries' shares experienced heavy selling on Friday, falling by 4.6 per cent, resulting in an erosion of Rs 87,014 crore in its market valuation, in line with the bearish trend in the stock market.The benchmark stock plummeted 4.55 per cent to close at Rs...
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    Crude Prices and Investor Uncertainty Impact Stocks

    Mumbai, March 27 – The Sensex and Nifty benchmark indices plunged by over 2% on Friday after a two-day rally, in line with a global sell-off, as investor sentiment weakened due to uncertainties surrounding geopolitical tensions.The sustained prices of crude oil above USD 100 per barrel, the...
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    Crude Prices & Rupee Weakness Weigh on Stocks

    Mumbai, March 27 The benchmark indices Sensex and Nifty fell by over 2% on Friday, following a two-day rally, in line with a weak trend in global peers, as the US-Iran conflict remained the key factor weighing on markets, raising doubts about a de-escalation of the war.The persistently high...
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    Reliance, Ambani Face Rejection in Gas Dispute

    Mumbai, March 27 The Bombay High Court on Friday dismissed a petition seeking a CBI investigation against Reliance Industries Limited and its chairman and managing director Mukesh Ambani for alleged illegal extraction of natural gas from ONGC's Krishna-Godavari basin fields.A bench of Chief...
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    Oil Price Pressure Amidst Sanctions and Shipping

    New Delhi, March 26 Reliance Industries said on Thursday that it has not purchased crude oil of Iranian origin since the US temporarily removed sanctions to ease pressure on prices that followed the US-Israeli war on Iran.In a statement, Reliance termed reports of it buying Iranian oil as...
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    India's Largest IPO: Jio Platforms Prepares for Sale Offer

    New Delhi, March 25 Jio Platforms is likely to file its Draft Red Herring Prospectus (DRHP) with Sebi in the coming days, paving the way for what could be India's largest-ever IPO.According to market sources, the offering will be structured as a sale offer, with several existing foreign...
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    Market Volatility: Key Firms See Valuation Drops

    New Delhi, March 22 The combined market valuation of five of the top 10 most-valued companies declined by Rs 1 lakh crore last week, with HDFC Bank experiencing the biggest drop.Last week, the BSE benchmark Sensex fell by 30.96 points, or 0.04 percent, and the NSE Nifty slipped by 36.6 points...
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    India's Markets Stabilize After Volatile Week

    Mumbai, March 20 The benchmark indices Sensex and Nifty recovered much of their intraday gains to end nearly 0.5 per cent higher on Friday, following intense buying in public sector banks, IT, and metal stocks amid concerns over further spikes in fuel-driven inflation.In another volatile...
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    India's Rise as Green Fuel Exporter: Reliance-Samsung Partnership

    New Delhi, March 16 Reliance Industries Ltd has signed a $3 billion deal to supply green ammonia to South Korea's Samsung C&T for 15 years, the company said on Monday.The agreement, one of the largest long-term green ammonia deals globally, positions India as an emerging exporter of green...
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    Market Valuation Drops: Top Firms See Significant Losses

    New Delhi, March 15 The combined market valuation of the top 10 domestic firms declined sharply by Rs 4.48 lakh crore last week, in line with a steep decline in equities, with major banking firms State Bank of India and HDFC Bank experiencing the biggest losses.Last week, the BSE benchmark...
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    Investor Wealth Erodes Amid Geopolitical Tensions

    New Delhi, March 12 Investors' wealth has eroded by ₹23.44 lakh crore since the beginning of the conflict involving the US, Israel, and Iran, which has sent shockwaves through equity markets, dragging the BSE Sensex down by over 6%.The US and Israel launched military strikes on Iran on...
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    Geopolitical Concerns Weigh on Indian Stock Indices

    Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...
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    Fuel Retailers Face Margin Pressure Amid Rising Energy Prices

    New Delhi, March 11 India's state-owned oil marketing companies – Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited – are facing pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and...
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    Fitch Ratings: OMCs and GAIL Navigate Supply Disruptions

    New Delhi, March 11 Indian oil marketing companies (OMCs) and GAIL (India) Limited could face cash flow pressures if disruptions linked to tensions involving Iran persist, particularly if the Strait of Hormuz remains closed or oil prices stay elevated for an extended period, according to Fitch...
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    Reliance Invests in Texas Refinery, Boosting US Energy

    Washington/New Delhi, March 11 Billionaire Mukesh Ambani's Reliance Industries will partner in building the first new oil refinery in the US in 50 years, US President Donald Trump said, calling it the "biggest in US history".The new refinery will be located in Brownsville, Texas, and will be...
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