Jio Financial Services Ltd (NSE: JIOFIN) has taken a major step in strengthening its presence in digital banking by acquiring the remaining 17.83% stake in Jio Payments Bank from the State Bank of India (SBI) for ₹104.5 crore. With this acquisition, Jio Payments Bank is now a wholly-owned subsidiary of Jio Financial, positioning the company…
Alok Industries, backed by Reliance Industries Limited (RIL), is emerging as a powerhouse in the global textile sector. With a strong focus on sustainable innovation, advanced fiber technologies, and strategic expansion, the company is reinforcing its position in the global market. Its diversified product range, spanning yarns, home textiles, apparel, and specialized fabrics, is driving…
Reliance Industries (NSE: RELIANCE) is currently trading at ₹1,228.90, attempting to stabilize after testing key support at ₹1,219.00. The stock remains in a downtrend, with resistance at ₹1,289.40 and a potential breakout target of ₹1,327.80. A failure to hold above support could see a retest of ₹1,193.45, a critical level for bulls to defend. After…
Reliance Industries Ltd. (BSE: RELIANCE) is making another bold move beyond its core businesses, this time expanding deeper into global cricket. Mukesh Ambani’s conglomerate has acquired a 49% stake in the Oval Invincibles, a team competing in The Hundred, England’s professional 100-ball cricket tournament. This marks Reliance’s first entry into UK cricket, further strengthening its…
