Reliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

Reliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

[ad_1] NEW DELHI: Billionaire Mukesh Ambani‘s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India’s most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said…

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Ambani and Adani drop out of 0 billion club – Times of India

Ambani and Adani drop out of $100 billion club – Times of India

[ad_1] Reliance chairman Mukesh Ambani and Adani Group founder Gautam Adani are facing multiple threats that are hitting their businesses – and their immense personal wealth. Both Ambani and Adani have tumbled out of the elite centibillionaires club – people with fortunes above $100 billion.Ambani’s energy and retail businesses have been underperforming amid rising investor…

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India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite 0 billion net worth club: Report – Times of India

India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India

[ad_1] Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100 billion mark in the last few months. Currently, both Mukesh Ambani, who leads Reliance Industries Ltd, and his contemporary Gautam Adani, who established the…

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Reliance Shares Appear to Drop 50% After 1:1 Bonus Issue, Analysts Cautiously Optimistic on Long-Term Growth

Reliance Shares Appear to Drop 50% After 1:1 Bonus Issue, Analysts Cautiously Optimistic on Long-Term Growth

On October 28, 2024, Reliance Industries Ltd. (RIL) stock opened at ₹1,338 per share, which looked almost 50% lower than Friday’s closing price of ₹2,655.45. This sudden decline, however, is due to company’s recent 1:1 bonus share issuance, where every shareholder received one additional share for each share they already owned. In a 1:1 bonus…

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