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Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was ...
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5] The company entered into investment banking in 2005, followed by private equity fund in 2006. [6] In February 2006, the company acquired Peninsular Capital Markets, a Cochin, Kerala based broking company for Rs. 35 crore. [7]
In July 2023, it was spun-off via a demerger, [3] with shareholders of Reliance Industries receiving one equity share of Jio Financial Services for every share they held in Reliance. [6] Reliance Industries transferred Rs 15,500 crore of cash and liquid investments to Jio Financial Services as part of the demerger scheme.
Founded in 1982, initially Religare was a stock brokerage firm called Religare Securities Limited (RSL) and was admitted to the National Stock Exchange (NSE) in 1994. The erstwhile promoters were Malvinder Mohan Singh and Shivinder Mohan Singh who were part of Ranbaxy Group before selling their stake in Ranbaxy to Daiichi Sankyo in 2008.
The deal was capped at ₹71.64 crores in cash, which holds 90.5% of the equity share capital of Funtoot. In February 2020, it acquired the rival platform OnlineTyari. [80] [81] Reliance Logistics is a single-window [clarification needed] company selling transportation, distribution, warehousing, logistics, and supply chain-related products.
Motilal Oswal is an Indian businessman. He is the founder, chairman and managing director of Motilal Oswal Financial Services Ltd, which he co-founded with Raamdeo Agrawal in 1987. [ 1 ]
In 1994, he joined Motilal Oswal to start its institutional desk before moving to UBS in 1996. In 2001, he joined Reliance Mutual Fund. [3] Kela was awarded the Business Standard Equity Fund Manager of the Year (2004) by Manmohan Singh, the then Prime Minister of India. [4]