EOD UPDATE 12-08-2019

BSNL Hoping To Recover Rs 3,000-Crore Dues In 2-3 Months: Chairman

Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations – the target for rental income has been set at about Rs 1,000 crore this year.

Tractor sales fall 14.4% in April-July as monsoon plays truant and crop prices fall

Jio Has Truly Become Largest Retailer Of India, Says Mukesh Ambani

Reliance Industries conducted its 42nd Annual General Meeting on Friday.

RIL announces one of India’s biggest FDI deals; Saudi Aramco to pick 20% stake in its OTC biz
Aramco to supply 5,00,000 barrels per day of crude oil to Jamnagar Refinery.

Petro retail JV with BP to bring in Rs 7,000cr, says RIL Chairman Mukesh Ambani

RIL AGM 2019: Jio to roll out set-top box in partnership with cable operators
Chairman Mukesh Ambani said at the 42nd Annual General Meeting of Reliance Industries

Rel Jio, Microsoft join hands to offer cloud infra for businesses
Mukesh Ambani said Jio will also invest in select stratups.

Mukesh Ambani Says Jio Customer Base Has Crossed 340 Million: Full Speech

Reliance Industries chairman and managing director Mukesh Ambani addressed shareholders at the conglomerate’s 42nd annual general meeting on Monday.

Guj Sidhee Cem Standalone June 2019 Net Sales at Rs 153.25 crore, down 4.92% Y-o-Y

Reliance Jio Announces Rs 500 Unlimited International Calling Pack

Reliance Industries held its 42nd Annual General Meeting on Monday.

Future Consumer Standalone June 2019 Net Sales at Rs 784.36 crore, up 20.65% Y-o-Y

What Microsoft CEO Satya Nadella Said At Reliance Industries AGM

Microsoft CEO Satya Nadella said: “It is such an incredible time to embark upon this partnership together.”

Ambani pledges a zero net-debt RIL in 18 months, promises big bonus & dividends
Reliance Industries ended last financial year with a net debt of Rs 1,54,478 crore.

Reliance Industries ”New Commerce” To Digitally Connect Grocery Stores

Speaking to shareholders at RIL’s 42nd Annual General Meeting, Mr Ambani said that the trials of Reliance Retail’s digital commerce venture have delivered positive results.

STC India Standalone June 2019 Net Sales at Rs 2,260.59 crore, down 39.46% Y-o-Y

Balaji Telefilm Standalone June 2019 Net Sales at Rs 82.85 crore, down 38.01% Y-o-Y

Prataap Snacks Standalone June 2019 Net Sales at Rs 290.83 crore, up 8.69% Y-o-Y

Won’t Express Interest In Reinvesting In Jet Airways, Says Etihad

Etihad acquired a 24 per cent stake in Jet in 2013, at a time when Jet Airways needed significant financial support.

Suprajit Eng Consolidated June 2019 Net Sales at Rs 363.37 crore, up 0.45% Y-o-Y

Lumax Auto Tech Consolidated June 2019 Net Sales at Rs 287.54 crore, down 13.65% Y-o-Y

E-commerce Platform Meesho Raises $125 Million In Funding

The Meesho platform allows re-sellers of everything from jewellery to mobile phones to reach prospective customers via social media platforms such as Facebook, WhatsApp and Instagram.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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