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Country’s top-10 cos add Rs 32,000 cr in a week; ONGC gains most

Posted on: July 5th 2009 in Stock News.

MUMBAI: The country’s top-10 firms added Rs 32,000 crore to their market capitalisation last week, with public sector oil firm Oil and Natural Gas Corp (ONGC) contributing the major chunk. ONGC added Rs 20,052 crore to its market-cap, taking the total valuation to Rs 2,42,687 cror…

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Bombay High Court sanctions RIL – RPL merger

Posted on: June 29th 2009 in Stock News.

MUMBAI: The Bombay High Court today sanctioned the merger of Reliance Industries Ltd and Reliance Petroleum, but stayed its own order to enable those who are against the merger to file an appeal. Anup Sheth and two others had filed applications, objecting to the merger scheme in the pre…

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