Following the plans of Mukesh Ambani’s Antilla, Vijay Mallya is planning to build one of his own in Bangalore on Vittal Mallya Road, adjacent to UB City. The Kingfisher giant is planning an over 30 storey building on a 4 acre property that would even have a helipad, according to TOI. Vijay Mallya currently has(…)
All the earlier euphoria of Reliance Power being listed at Rs.900 has been completely laid to rest with the share now being quoted at 20% discount to its issue price. The problem is compounded by the fact that there are no valuations to back up the share price as the company is still a zero(…)
Indian equity investors never had it so good. After multiplying their capital, thanks to the tremendous bull run, they can now even trade in shares without paying any brokerage fees thanks to Anil Ambani’s Reliance Money. All demat account holders of Reliance Money (owned by Reliance Capital) could trade in shares for value upto Rs.5(…)
The diktat has worked yet again. Much after opposing entry of foreign retailers, the UP Government has now decided to shut down all organised retail outlets that operate outside malls. As a consequence all Reliance Fresh and Spencer retail stores are closed in the state with immediate effect. It is simply incomprehensible, and goes beyond(…)
If you are thinking that there is very little left in terms of appreciation in Reliance Industries especially the stupendous returns it has given post demerger and split with Anil Ambani, then there is some food for thought. Leading brokerage and equity research company, Morgan Stanley has projected the share price of RIL to rise(…)
With the offloading of 5% stake in Reliance Tower Infrastructure Ltd by Reliance Communications to 7 financial investors valuing the tower business of the company at astonishing Rs.27000 crore, the analysis has now shifted as to how the tower business would contribute in the growth of telecom companies. India has 120,000 tower sites, having 136,000(…)
