Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Reliance Group Stocks Under Pressure; Tank up to 10.3 Per Cent After SC's Verdict on Anil Ambani

Reliance Capital tumbled 10.26 per cent, Reliance Communications tanked 9.46 per cent, Reliance Infrastructure 8.75 per cent, Reliance Power 5.52 per cent and Reliance Home Finance 5 per cent on BSE.

PTI

Updated:February 20, 2019, 12:50 PM IST
facebookTwitterskypewhatsapp
Reliance Group Stocks Under Pressure; Tank up to 10.3 Per Cent After SC's Verdict on Anil Ambani
File photo of Anil Ambani.
Loading...

New Delhi: Shares of Reliance Group companies tumbled up to 10.3 per cent Wednesday after the Supreme Court held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying Rs 550 crore dues to telecom equipment maker Ericsson.

Reliance Capital tumbled 10.26 per cent, Reliance Communications tanked 9.46 per cent, Reliance Infrastructure 8.75 per cent, Reliance Power 5.52 per cent and Reliance Home Finance 5 per cent on BSE.

The Supreme Court on Wednesday held RCom chairman Anil Ambani and two others guilty of contempt of court for violating its order by not paying dues of Rs 550 crore to Ericsson, and said they faced a three-month jail term if Rs 453 crore was not paid to Ericsson in four weeks.

The apex court said Ambani and the others will have to purge contempt by paying Rs 453 crore to Ericsson in four weeks

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
HDFC 2,010.70 -1.76
Yes Bank 67.55 0.75
Axis Bank 654.40 -2.46
Indiabulls Hsg 434.20 -0.24
ICICI Bank 409.80 -0.57
Company Price Change %Gain
HEG 1,332.95 -5.00
Graphite India 356.00 -4.29
Indiabulls Hsg 434.15 -0.24
Yes Bank 67.55 0.67
ICICI Lombard 1,132.00 0.27
Top Gainers
Company Price Change %Gain
Vedanta 150.95 1.55
Titan Company 1,164.50 1.39
GAIL 131.45 1.35
HUL 1,833.00 0.92
Asian Paints 1,533.95 0.83
Company Price Change %Gain
Vedanta 150.95 1.62
HUL 1,836.80 1.16
Asian Paints 1,535.00 0.95
ONGC 131.50 0.69
Yes Bank 67.55 0.67
Top Losers
Company Price Change %Gain
Axis Bank 654.40 -2.46
Tech Mahindra 703.65 -2.20
Bharti Airtel 336.55 -2.17
Cipla 461.75 -1.86
UltraTechCement 3,921.65 -1.78
Company Price Change %Gain
Axis Bank 654.40 -2.50
Bharti Airtel 336.50 -2.15
HDFC 2,009.10 -1.82
Hero Motocorp 2,700.70 -1.42
HCL Tech 1,054.45 -1.44

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results