The share of TV18 Broadcast Ltd (NSE: TV18BRDCST) and Network18 Media & Investments Ltd (NSE: NETWORK18), part of Reliance Industries, rose by about 13 percent intraday on August 29. The Competition Commission of India on the 28th of August approved the merger between the media divisions of Reliance Industries and Walt Disney Company. The Competition Commission has approved this merger agreement with some amendments proposed by both parties. Under this merger agreement, the country’s largest media company worth more than Rs 70,000 crore will come into existence. Due to this development, buying has increased in the shares of TV18 Broadcast…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
Read More
Ujjivan Small Finance Bank share: As the world witnessed a record-breaking rise in the market, a few banks or bank shares experienced an increase in activity on Thursday. The same thing happened to those shares belonging to Ujjivan Small Finance Bank Ltd (NSE: UJJIVANSFB). The cost that this share has is lower than Rs 50. But, experts believe the price of shares could go upwards to 50 rupees within the next few days. What Is The Price Now? Ujjivan Small Finance Bank Ltd’s share is trading at Rs 43. At the same time, a brokerage firm has given a buy…
Premier Energies’ Rs 2830 crore IPO has a tremendous reaction from investors. On the last day of the issue, bids were received for 74 times the share on offer. A total of 4.46 crore share was placed in the issue, however, bids were received for about 331 crore share. The QIB portion was subscribed 217 times, the retail investor’s portion more than 7 times while the employees’ portion was subscribed 11 times. About 50 times the reserve portion has been received for NII. In the IPO, Rs 1291 crore is being raised through fresh issues, while the offer for sale…
Reliance AGM 2024: Many big announcements were made in the 47th Annual General Meeting of the shareholders of Mukesh Ambani’s company- Reliance Industries Ltd (NSE: RELIANCE). In this meeting, there was also brainstorming about the plan of Reliance. Mukesh Ambani has said that the company was committed to ensuring the security of energy of the nation. He said that the group, which does business from oil to telecom, is not in the business of making profits and accumulating assets, but its focus is on raising funds for the country. According to Ambani, Reliance is now transforming into a technology company.…
Reliance Industries Bonus Shares 2024: Mukesh Ambani-led company Reliance Industries Ltd (NSE: RELIANCE) is now going to give bonus shares. In the meeting of the board members of the company, it will be recommended to issue bonus shares to the shareholders in the ratio of 1:1. In other words, an extra share in Reliance Industries Ltd will be granted for each share. To do this meeting, it is expected that the Board of Directors meeting will be scheduled for September 5. The bonus shares are redeemed from the cash reserve, which is free to the company. The company provided these…