Reliance Industries to invest up to $50 million…

Energy-to-telecom major Reliance Industries on Thursday said that it will invest up to $ 50 million (Rs 371 crore) in Breakthrough Energy Ventures II LP (BEV). The Group is spearheaded by Microsoft Founder Bill Gates.…

Stock pick of the week: Reasons why Exide…

Analysts are happy about a small profit in the first quarter since the street was expecting a loss.SynopsisExide is expected to gain further market share from weaker regional and unorganised players due to its strong…

MMP Industries IPO's anchor portion oversubscribed

Old Bridge’s Vantage Equity Fund and Raisonneur Capital have together subscribed to the entire anchor investor portion of MMP Industries Ltd (MMPIL) initial public offer. The total anchor book reserved in the IPO was Rs…