DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Savio D'Souza - 2 Anushree - 1 Mukesh - 1 Chokkalingam - 1 JFS - 1 Ira Dugal - 1 Savio Shetty - 1 Jamie Freed - 1
Top related locs:
India BENGALURU Pragati New Delhi Bengaluru
Top related orgs:
Thomson - 2 Mobile - 1 REUTERS - 1 Jio Financial - 1 Reliance Industries - 1 Reliance - 1 Macquarie Research - 1 AAA - 1

Search resuls for: "Chris Thomas Sethuraman N R"


2 mentions found


☆ Reliance spin-off Jio Financial valued at $20 bln, above estimates
  + stars: | 2023-07-20 | by ( Chris Thomas Sethuraman N R | Chris Thomas | Sethuraman N R | ) www.reuters.com   time to read: +3 min
REUTERS/Anushree Fadnavis/File PhotoBENGALURU, July 20 (Reuters) - Jio Financial Services (JFS) has been valued at around $20 billion after its stock price was set at a much higher-than-expected 261.85 rupees ($3.19) in its demerger from Indian billionaire Mukesh Ambani's Reliance Industries (RELI.NS). At a $20 billion valuation, Jio Financial would be one of the top 40 Indian companies by market capitalisation, in a list headed by Reliance at $233 billion. The price was determined as 261.85 rupees, or the difference between 2,841.85 rupees, Reliance's closing price on Wednesday, and 2,580 rupees, its price at the end of the special session. JFS's stock price is higher than analysts' estimate of 160 rupees to 190 rupees. Reliance Strategic Investments, the unit to be renamed JFS, late on Wednesday reported a net profit after tax of 1.45 billion rupees ($17.7 million) for April-June based on revenue of 2.15 billion rupees.
Persons: Anushree, Mukesh, Chokkalingam, JFS, Ira Dugal, Savio Shetty, Savio D'Souza, Jamie Freed Organizations: Mobile, REUTERS, Jio Financial, Reliance Industries, Reliance, Macquarie Research, AAA, Reliance Strategic Investments, Thomson Locations: Pragati, New Delhi, India, BENGALURU
☆ India's Adani confident of governance, slams Hindenburg
  + stars: | 2023-07-18 | by ( Chris Thomas Sethuraman N R | Chris Thomas | Sethuraman N R | ) www.reuters.com   time to read: +2 min
Speaking at the Adani Enterprises' annual general meeting, Adani said the Hindenburg short-seller report was a "deliberate and malicious attempt aimed at damaging our reputation and generating profits through a short-term drive-down of our stock prices." "While the Securities and Exchange Board of India is still to submit its report, we remain confident of our governance and disclosure standards," billionaire Adani said. The short-seller report had also forced Adani Enterprises to shelve its key $2.5 billion share sale in February. Adani Enterprises shares climbed over 4% on Tuesday, while Adani Transmission (ADAI.NS) and Adani Green Energy (ADNA.NS) rose 4.7% and 5.7%, respectively. He also added that Adani Ports (APSE.NS), in the next 12-24 months, will commission India's largest transshipment hub.
Persons: Gautam Adani, Adani, Chris Thomas, Nallur, Savio D'Souza, Nivedita Organizations: U.S, Adani Enterprises, Securities and Exchange Board, Green Energy, Thomson Locations: BENGALURU, India, Bengaluru
0 next >>
Total: 2