The market removes all its benefits in the last hour of trading and continues the downward trend for the third successive session on May 10, burdened by metals, technology shares and the heavyweight Reliance Industry Index. Weak Asian colleagues and Rupee depreciation are also sentiment dents. BSE Sensex fell 106 points to 54,365, while Nifty50 […]
Ambuja, ACC sale: UltraTech likely to bid, secures legal view
Armed with a beneficial legal opinion and priority regulations based on competition, Aditya Birla Group is likely to submit an offer for Indian Holcim’s assets -Buja Semen NSE -0.73 % and ACC NSE -1.36 % Ltd, said people who know . It is also ready to release voluntary assets of around 15 million tons per […]
Indian billionaire Ambani’s Reliance makes money off Ukraine war
The Russian invasion of Ukraine has opened up opportunities for arbitration that are so attractive that Reliance Industries Ltd. Defeated of maintenance work in the largest oil purification complex in the world to produce more diesel and naphtha after prices soared. Refiner, owned by Indian billionaire Mukesh Ambani, bought a crude oil cargo discounted after […]