Search Results for: Reliance

Sensex

Sensex Hits Record High Above 23,000; Surges 650 Points

The BSE Sensex and Nifty hit a record high on Friday, posting their biggest daily gains since September on hopes the opposition Bharatiya Janata Party would win a majority in elections ending next week, sending blue-chips such as ICICI Bank sharply higher. May 10, 2014
moily-rejects-cpis-charges-says-not-favoring-reliance

Moily rejects CPI's charges, says not favoring Reliance

New Delhi, May 2 (ANI): Petroleum Minister M Veerappa Moily on Friday hit back at CPI leader Gurudas Dasgupta who had alleged that Moily is favouring Reliance Industries by hiking gas price as per Rangarajan formula. Moily stated that he wants to liberate the country of any import regarding fuel so that the nation becomes self-sufficient. He further clarified that he is not working for the welfare of any particular industry because many organizations will be benefitted by his policies. Moily had earlier clarified that once the Election Commission lifts its model code of conduct on May 12 its order for the deferment of a new gas-pricing regime based on the Rangarajan formula will cease to exist and a price hike would come into effect. May 2, 2014
bse-closes-points-12-99-up-on-april-10

BSE closes points 12.99 up on April 10

New Delhi, April 10 (ANI): Trading at the Bombay Stock Exchange today closed 12.99 points up to stand at 22,715.33. At the National Stock Exchange the Nifty closed 0.20 points up to stand at 6, 796.40. Adani Enterprises and Bharat Electronics Ltd. were among the top gainers of Group A with an increase of 22.10% and 9.44% along with Essar Oil and Reliance Infrastructure Ltd. with an increase of 8.93% and 8.32% respectively, while the top losers of Group A include TV18 Broadcast and Aurobindo Pharma with a decrease of 3.64% and 3.54% along with Strides Arco and UCO Bank with a decrease of 3.34% and 3.09% at the close of the markets. The Auto sector is up 73.30 points at 13,572.54 while the banking sector is up 7.17 points at 14,805.97 and the realty sector is up 19.22 points at 1,552.79. The Indian currency is up 0.10% at Rs 60.08 per dollar. Apr 10, 2014
prashant-bhushan-lauds-ecs-decision-to-defer-gas-price-hike

Prashant Bhushan lauds EC's decision to defer gas price hike

New Delhi, Mar 25 (ANI): Lawyer and AAP leader Prashant Bhushan on Tuesday welcomed the move of the Indian Election Commission asking the central government to defer the proposal to hike gas prices which was set to come into effect from April 01 prior to the parliament polls scheduled for next month. A price increase had been due to come into effect on April 1, just days before India starts voting in an election that starts on April 7 and will end on May 12. Bhushan, said that such a catastrophic decision by the government would only help bigwigs like Reliance fill their pockets and would lead the country to face losses. AAP chief Arvind Kejriwal, who briefly controlled the state government in New Delhi, last month called for a criminal investigation into government officials and Reliance Industries Chairman Mukesh Ambani over the matter. Kejriwal had also called for the Election Commission to stall the price rise. Bhushan also hailed AAP for its initiative, but condemned the main opposition, Bharatiya Janata Party, for not opposing the hike when it was declared and accused it of being in the pockets of Reliance. Mar 25, 2014
karnataka-people-are-fed-up-with-both-congress-bjp-kejriwal

Karnataka people are fed up with both Congress, BJP: Kejriwal

Bangalore, Mar 16 (ANI): Aam Aadmi Party Chief Arvind Kejriwal held a road show in India’s IT hub Bangalore on Sunday to woo voters ahead of the upcoming general elections. Addressing the residents of Bangalore, Kejriwal said the people of the state are fed up with both the Congress and the Bharatiya Janata Party (BJP). He also accused the Union Petroleum Minister Veerappa Moily of colluding with the Reliance Industries Limited (RIL) to hike the gas prices, which will come into effect from April 1. Mar 16, 2014
bse-closes-points-89-65-down-on-march-11

BSE closes points 89.65 down on March 11

New Delhi, March 11 (ANI): Trading at the Bombay Stock Exchange today closed 89.65 points down to stand at 21,845.18. At the National Stock Exchange the Nifty closed 25.35 points down to stand at 6,511.90. Engineers India and Thermax were among the top gainers of Group A with an increase of 6.39% and 5.37% along with IRB Infra and Reliance Infra with an increase of 5.25% and 5.00% respectively, while the top losers of Group A include Tata Steel and Financial Tech with a decrease of 5.64% and 4.99% along with Wockhardt and Crompton Greaves Ltd. with a decrease of 4.92% and 4.55% at the close of the markets. The Auto sector is down 98.31 points at 12,687.76 while the banking sector is down 26.85 points at 13,799.88 and the realty sector is up 28.75 points at 1,421.90. The Indian currency is down 0.05% at Rs 60.82 per dollar. Mar 11, 2014
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