Tata Power Company Ltd. has received a Letter of Intent (LOI) from REC Power Development and Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC Ltd, for the acquisition of Ryapte Power Transmission Ltd, a project special purpose vehicle, with annual transmission charges of ₹521.07 crore. In an exchange filing on Friday, June 19, the company…
Reliance Industries Ltd. will commission the first 120 MW of its artificial intelligence compute infrastructure by the end of 2026 as it enters the execution phase of its AI ambitions, Chairman of Reliance Jio Infocomm Limited (RJIL), Akash Ambani, said at the company’s 49th Annual General Meeting on Friday, June 19. The infrastructure, being built…
Reliance Industries Chairman Mukesh Ambani on Friday announced that the board of Jio Platforms has approved the draft red herring prospectus (DRHP) for its much-anticipated initial public offering, with the filing set to be submitted to the Securities and Exchange Board of India (SEBI) later today. Calling the listing “the most important value creation milestone…
Reliance Jio is set to file papers for its much-awaited Initial Public Offering (IPO) with market regulator Securities and Exchange Board of India (SEBI), on Friday, June 19, Chairman and Managing Director Mukesh Ambani said at the company’s 49th Annual General Meeting (AGM). “This is a deeply emotional moment for me, for the entire Reliance…
Mumbai-based Nexus Venture Partners-backed insurtech startup Turtlemint has built a network-led insurance distribution model focused largely on smaller towns, with around three-fourths of its business coming from beyond metros. Dhirendra Mahyavanshi, Chairperson, Managing Director and Chief Executive Officer of the company believes regulatory changes aimed at improving affordability and insurance penetration will expand the market…
Reliance Industries (RIL) AGM 2026 Live: The 49th Annual General Meeting (AGM) of Reliance Industries Limited will start at 2 pm today, June 19. All eyes will be on billionaire and RIL Chairman Mukesh Ambani’s address at the AGM, with investors closely tracking potential announcements around the much-anticipated Jio Platforms IPO, retail expansion plans, renewable…
Rajesh Exports’ shares extended their sharp rebound on Friday, hitting the 5 per cent upper circuit at Rs 97.51 and taking their gains to nearly 28 per cent over the past five trading sessions. The recovery follows a steep sell-off earlier this month, with the stock witnessing renewed buying interest in recent sessions. Social media…
Global index provider FTSE as well as Indian benchmark index Sensex are scheduled for rebalancing on Friday, June 19. While seven stocks are being added to the FTSE indices, the Sensex will see the weightage of two stocks increasing, as per Nuvama Alternative & Quantitative Research, BSE and Bloomberg. The same will be in effect…
By Meghna Sen June 19, 2026, 12:38:07 PM IST (Published) If NSE is valued between ₹1,800 and ₹2,200 per share, several institutional investors could be sitting on substantial gains. Take a look at the value …Read More 1/13 The National Stock Exchange (NSE) has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI…
India’s investment environment has improved over the past few weeks due to falling crude oil prices, policy measures from the Reserve Bank of India (RBI), and a strengthening rupee, according to Neeraj Seth, Founder and CIO of 3R Investment Management. Seth said financial stocks are positioned to benefit from improving economic conditions, continued credit growth…
