Mukesh Ambani’s Reliance Jio IPO set for 2025, retail debut much later

Reliance Industries’ boss Ambani hasn’t updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would “move towards” a listing within five years.

Reliance Industries’ boss Ambani hasn’t updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would “move towards” a listing within five years.

Citi estimates that HDB’s post-issue valuation, at a 3-4 times price-to-book (PB) ratio, could reflect 2.8-4.3% of HDFC Bank’s market capitalisation.

Speaking about Trump’s previous presidency, Devina Mehra, Founder, Chairperson, and Managing Director of First Global mentioned that, despite other controversies, he was seen as beneficial to business and economic growth.

The Nifty 50 closed 309 points lower at 23,995, marking a decline of over 1%. Despite recovering from intra-day lows, over 40 Nifty stocks closed in the red, led by heavy losses in the two-wheeler sector.

Gurugram-based Niva Bupa intends to utilise the net proceeds from the fresh issuance towards boosting its capital base to strengthen solvency levels and a portion will be used for general corporate purposes.

Shares of Sun Pharma Advanced Research Company Ltd ended at ₹205.55, down by ₹10.55, or 4.88% on the BSE.

Trump will raise revenue via tariffs and more tariffs, also reverse the energy policy, he will expand oil output and end some education support programs.

Exide Industries’ balance sheet remains comfortable with zero debt and high net worth, the company said in an exchange filing.

Hero Motocorp witnessed sales of over 15.98 lakh units during the period, registering a growth of 13% compared to the festive season of 2023.

Ashok Leyland Share Price | Cumulatively, the company’s domestic sales from April to October 2024 declined by 4% to 97,940 units, compared to 101,811 units in the same period last year.