RIL faces pressure on buyback price
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Reliance Industries is likely to be under pressure to announce a share buyback at an attractive price at Monday&#39;s board meeting, analysts said.
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[Business India]: New Delhi, Dec 23 : Anil Ambani, the Vice Chairman of Reliance Industries Limited (RIL) and Managing Director of Reliance Energy (RE) has reportedly demanded a discussion on changes in Reliance Infocomm equity, charging that the RIL
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Reliance Industries agrees to buy back millions of shares, hoping to reverse a slump caused by a feud in the controlling family.
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Mumbai: The Securities and Exchange Board of India is likely to ask the stock exchanges to investigate the transactions in the RIL scrip ever since the ownership issue between Mukesh Ambani and his younger brother Anil broke out on November 17.
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MUMBAI: Amid reports that announcement of Rs 11,000 crore investment in Uttar Pradesh by Reliance Energy was among the reasons for rift between the Ambani brothers, REL on Tuesday decided to approach parent company Reliance Industries Ltd on its future
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Medical-care ratio concerns trip up shareholders.
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Business & money: Pressure mounts on government to nationalise bank after activist investor increases shareholding
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Shares in Dutch bank slip as Royal Bank of Scotland unveils its bid -- legalities are still a sticking point.
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Massive share buybacks can't quite counteract lagging net income.
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The Chinese stock is hurt by the rate hike and a mobile suspension.
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Royal Dutch/Shell says there is scope for more share buybacks, provided that oil prices remain high. &quot;If the oil price is high, there is space to do buybacks,&quot; Chairman Jeroen van der Veer told reporters in London on Wednesday.
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A family meeting of Ambanis to resolve differences over the ownership issue in India&#39;s largest corporate house - Reliance Industries Limited (RIL) is likely to take place tomorrow in Mumbai.
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India's Rediff.com may be on the buyout block.
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MUMBAI, Dec. 27. - Mr Anil Ambaniâs opposition to the buy-back proposal was reiterated at the RIL board meeting here today. Before entering the board room he quoted a Chinese philosopher: âObjective
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Some investors may think a buyout lies ahead for NovaStar Financial.
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The leveraged buyouts that have fuelled  record merger activity face a new test as interest rates rise  and stock markets wobble, early signs that the debt behind the  deals could become more costly and difficult to raise.
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MUMBAI: Anil D Ambani, vice-chairman and MD of Reliance Industries (RIL), has claimed that the RIL board was not informed about changes in the equity structure of Reliance Infocomm, though RIL is a large shareholder and has invested over Rs 12,000 crore