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BP RELIANCE DEAL
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is ...- STOXX 600 hits record high after US-Iran preliminary peace dealEurope's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Another down day, and another week where the market started with a cut. There is, at this juncture, no point in guessing what will happen t...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...
- BP pays $1 billion for 49% stake in fuel retail JV with Reliance IndustriesReliance BP Mobility ltd (RBML), the joint venture in which RIL holds 51%, will operate under the Jio-BP brand and leverage Reliance’s pres...
- Buy RIL on declines: Ashwani GujralI am very clear that it must cross and close consistently above 900 to be able to say that some kind of an uptrend is beginning.
- $7.2 bn deal: Govt approves BP buying stake in RIL's 21 blocksThe deal, that may increase to $20 bn with future performance payments and investment, will give RIL access to BP's expertise in deep-water...
- Finance Ministry approves $7.2 billion RIL-BP deal: SourcesFinance Ministry sources said the deal does not require CCEA nod. The oil ministry had unequivocally supported BP's deal to buy stakes in R...
- More M&As in pipeline after Cairn-Vedanta, BP-RIL dealsIndia’s energy sector is ripe for a wave of M&A deals following the government’s approval of the Cairn-Vedanta deal and BP-Reliance deal.
- Oil Ministry backs BP's stake buy in Mukesh Ambani's Reliance Industries Limited (RIL)The oil ministry has backed BP's $7.2 bn deal to buy stakes in RIL's 23 oil and gas blocks, paving the way for approval of the landmark dea...
- BP to aid Reliance Industries in oil and gas hunt at KG-D6 fieldsBP plans to buy 30% stake in 23 oil & gas blocks of RIL, including the eastern offshore Krishna Godavari basin KG-D6 fields in a $7.2 billi...
- Oil Ministry refers Reliance-BP deal to CCEAMore then four months after UK's BP Plc agreed to buy 30% stake in RIL' oil & gas blocks, Oil Ministry has referred the $7.2 bn deal to the...
- 'No-objection' to Reliance-BP DealCanada's Niko Resources and Hardy Oil and Gas have given no-objection to their partner Reliance Industries for selling 30% stake in oil and...
- BP-RIL deal to help develop domestic gas market: Sashi K Mukundan, BP, country headBP group companies' country head says the company will be looking at bringing in LNG to enhance the gas market.
- Need to derisk, quest for tech led to RIL-BP dealWith this deal, Mukesh Ambani has emerged out of the shadows of his legendary father, showing the world that he is prepared to strike a pat...
- BP's $7 billion deal with Reliance pushes BRIC strategyBP Plc CEO Robert Dudley's second over-$7-bn deal this year signals a shift for BP toward the world's fastest-growing economies as explorat...
- RIL-BP deal: Win-win situation for bothAs an immediate upshot of the deal, RIL is likely to see an improvement in investor sentiment and the environment in the government regardi...
- Uptick in Reliance will boost the overall market sentiment: Vikas Khemani, Edelweiss Securities LtdAn uptick in Reliance - being a heavyweight - will boost to the overall market sentiment.
- Reliance-BP deal not on same footing as Cairn-Vedanta dealThe transaction, which BP and Reliance said will be "subject to Indian regulatory approvals and other customary conditions," is nothing but...
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