Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10
HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day
Questions thrown up by the case are salient to decide what sort of money India gets from world markets
The company is seeking the cargo for delivery into Hazira terminal
Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition
Future Retail and Future Lifestyle Fashions were locked in 10 per cent upper circuit at Rs 79 and Rs 90.30, respectively, on the BSE
Reliance Industries (RIL) emerged as the biggest loser
The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems
The two players have said that they will go ahead with the regulatory process despite Amazon's objections
Future Retail which was represented by senior advocate Harish Salve told the court Future Retail does not need to seek permission from Amazon for any investments as it does not have any rights
The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers
Urban Ladder was valued at around Rs 1,200 crore in 2019 and this dropped to about Rs 750 crore in 2019
All that happened in the markets today
Aramco also not in fray; actual number bids not revealed but sources say three of four have been received
Given the uncertain demand scenario, the investors are weighing if BPCL acquisition makes sense
The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry
Billionaire Mukesh Ambani-owned Reliance Industries' retail arm has picked up 96% stake in online furniture retailer Urban Ladder for over Rs 182 crore
RRVL proposes to make a further investment of up to Rs 75 crore. The further investment is expected to be completed by December 2023
In a filing to stock exchanges, Reliance said it would make the investment in tranches over the next 8 to 10 years
Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?