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Reliance Jio IPO may strengthen balance sheet, create new growth avenues: Analysts
Nitin Soni, Senior Director and Head of Natural Resources for South and South East Asia at Fitch Ratings, said the proposed issue is a positive development as the proceeds will be used to pare debt and improve financial flexibility.
US-Iran talks, oil movement to drive bullion trend next week: Analysts
Developments surrounding US-Iran negotiations, movement in crude oil prices and key global economic data are expected to steer gold and silver prices next week, analysts said. The focus will squarely be on talks scheduled in Burgenstock, Switzerland, where US Vice President J D Vance is expected to lead discussions with Iranian officials to build on last week's framework agreement aimed at ending hostilities and reviving nuclear negotiations. Analysts said the outcome of the talks could influence risk sentiment and energy markets, with implications for bullions. Domestic commodity markets will remain closed during the morning session on Friday on account of Muharram. "Gold and silver momentum looks sideways/corrective as focus will remain on the negotiation between Washington and Tehran and also on the flow of crude oil, LNG and raw materials from the Strait of Hormuz," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. The precious .
Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year
Reliance Industries aims for 40 billion units of green electricity annually, powering its Kutch hub. The company is scaling its battery cell gigafactory to 120 GWh and expects new energy to boost financial performance from 2027. Operational solar PV manufacturing lines are already producing advanced HJT modules, marking a significant step towards a sovereign clean energy ecosystem with no imported fuel or foreign technology.
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSE
Chennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational autonomy. This elevation, approved by the Union Finance Minister, makes CPCL the 28th such enterprise in India. The company, a subsidiary of IndianOil, boasts a substantial refining capacity and a diverse product range, underscoring its growing importance in the energy sector.
Motilal Oswal prefers Amber and Dixon, stays cautious on Bata
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, remains cautious on Bata despite the appointment of a new CEO, citing market share losses and valuation concerns. He is positive on Amber Enterprises due to its Oppo manufacturing partnership and expects mobile operations to contribute meaningfully from FY28-FY29. He also sees upside in Dixon Technologies driven by the proposed Vivo joint venture. For Reliance Industries, easing inflation, strength in oil-to-chemicals and updates from the AGM remain key factors for investors. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Global energy transition readiness dips, India among top gainers: WEF
Global energy transition readiness has declined for the first time in over a decade. Geopolitical risks are a major factor. However, India has registered one of the strongest improvements. India advanced two places to rank 70th on the World Economic Forum's Energy Transition Index 2026. This progress is attributed to infrastructure gains and improvements in equity, sustainability, and financial investment.
Reliance Jio likely to file $4 billion draft IPO papers ‘within days’ before CMD Mukesh Ambani's AGM speech: Report
Jio IPO: Telecom major Reliance Jio is likely to file papers for its draft initial public offering “within days”, ahead of Chairman and Managing Director Mukesh Ambani's annual speech, according to a report by the Financial Times.
Suzlon Energy shares jump over 6%. Why brokerages call it India’s most investible wind energy stock?
Suzlon Energy shares rose sharply on Tuesday after the company outlined an ambitious FY31 roadmap focused on expanding beyond wind energy into a broader renewable energy platform. Brokerages including Motilal Oswal, JM Financial, Systematix and Centrum remain bullish, citing Suzlon’s market leadership, execution strength and long-term growth potential.
Motilal Oswal Financial Services among 5 F&O stocks with a sharp rise in futures open interest
Motilal Oswal Financial Services was among five NSE F&O stocks witnessing a sharp rise in futures open interest on June 15. The overall OI increase exceeded 7%, indicating fresh long or short build-up. Other stocks showing notable OI gains included Radico Khaitan, Bajaj Auto, Cochin Shipyard and Tata Power.
Adani Energy Solutions’ IntelliSmart deal seen a costly but timely bet
In a bold strategic move, Adani Energy Solutions has secured the smart metering firm IntelliSmart Infrastructure for a staggering ₹3,050 crore. This acquisition is not just a financial transaction; it's a calculated step to amplify their presence in the burgeoning smart meter market. With the government gearing up for a comprehensive deployment of smart meters, the timing couldn't be better.
CBI Gets Custody Of Ex-Reliance Group Executive Amitabh Jhunjhunwala In Alleged RCFL Loan Fraud
CBI said RCFL, its directors, and unknown public servants conspired to defraud a consortium of 31 banks and financial institutions.
Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment project
A Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 homes for residents. The Maharashtra government's cluster redevelopment policy guides this initiative. The developer must provide significant financial support for resident transit accommodation. This marks a major step in large-scale slum redevelopment in the city.