The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark gauge declined by 294.64 points or 0.36 per cent. “Markets ended lower for the fourth straight…
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing…
Following approval from the BSE and NSE to move forward with the demerger of its ice cream business into a new entity — Kwality Wall’s (India) Limited (KWIL) — Hindustan Unilever (HUL) is in the news. It is anticipated that the move will increase shareholder value and provide investors with direct access to the rapidly…