RIL Share Price: Reliance Industries’ shares dipped 2% following a block deal involving 11.9 lakh shares. The company’s market value has shrunk by nearly $50 billion since July, attributed to a decline in earnings and a slowing economy. Despite issuing bonus shares recently, the stock has struggled, with a 5% drop in consolidated net profit for the latest quarter.
Sebi nod to Nuvama’s mutual fund entry, approves role as sponsor
Nuvama Wealth Management secured Sebi approval for its mutual fund business. This enables Nuvama to establish the proposed Nuvama Mutual Fund. The company can now