Jio Platforms’ IPO fully booked less than two hours after opening

Jio Platforms’ ₹30,213 crore issue was fully booked less than two hours after opening, driven entirely by institutions.  The Jio Platforms IPO took about 100 minutes to cover its book. Bidding opened... Read more »

7 Indian firms in Fortune 500 list, IOC tops, RIL up 53 ranks

Seven Indian companies feature in the US magazine Fortune 500 list of the world’s largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked Indian company in the 2018 rankings and... Read more »

Sensex retreats from fresh benchmark

From the BSE Sensex hitting a new record high earlier in the day, to closing on a flat-to-negative note, the key Indian equity indices saw a very volatile trade on Friday. Although... Read more »

Mukesh Ambani re-appointed RIL Managing Director

Shareholders of Reliance Industries (RIL) have re-appointed Mukesh D Ambani as the company’s Managing Director for a period of five years commencing from April 19, 2019. According to a regulatory filing on... Read more »