Reliance Industries becomes first Indian firm to hit USD 150 bn market cap

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Reliance Industries becomes first Indian firm to hit USD 150 bn market cap

New Delhi: Reliance Industries on Monday became the first Indian firm to hit a market valuation of USD 150 billion helped by a continuous rally in its share price. In morning trade, the company’s market valuation jumped Rs 28,248.97 crore to Rs 11,43,667 …
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INSIGHT-Pandemic propels old-school bond traders towards an electronic future

… * Coronavirus a catalyst for electronification of bond markets. * But traditional ‘voice’ trading still key in fixed income. * Calls grow to take corporate bond issuance electronic -Goldman. By Dhara Ranasinghe and Saikat Chatterjee. LONDON, June 22 …
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Bloomberg Opinion

Bloomberg Opinion was live.
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Toshiba plans to sell down Kioxia stake, return much of proceeds to shareholders

TOKYO (Reuters) – Japan’s Toshiba Corp said on Monday it planned to sell down its 40.2% stake in flash memory chips firm Kioxia Holdings and will return a majority of the net proceeds to shareholders. FILE PHOTO: The logo of Toshiba Corp is seen behind …
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S.Africa's Omnia Holdings in talks for sale of Oro Agri unit

June 22 (Reuters) – South Africa’s Omnia Holdings said on Monday it is in talks to sell its Oro Agri division as part of the chemicals and fertiliser maker’s turnaround and restructuring plans. Omnia said it expects to post annual headline earnings per share, the …
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