Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week
SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020
HDFC is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis
Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries
Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December
Venture Capital type investments however fell 13 per cent in value (and 16% by volume) in 2020 ($10.7 Billion across 694 deals) compared to last year ($12.5 Billion in 832 deals).
All that happened in the markets today
Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment
The deal, estimated to be about $15 billion as of August last year, had stalled over price
While dismissing RIL's appeal, SAT directed the company to pay Rs 447 crore along with a simple interest of 12 per cent from November 2007 within 60 days. The amount works out to nearly Rs 1,150 crore
RIL said it will move SC against dismissal of its plea by SAT against a Sebi ruling barring the firm, 12 promoter group entities from dealing in equity derivatives for alleged unfair trade practices
By seeking to stall Ambani's purchase of Future, Bezos may be signaling that he would rather remain a rival
Ambani slips four places on global rich list
Shares of Reliance Industries (RIL) slipped over 5 per cent on Monday morning to Rs 1,948 levels, reacting to the September 2020 quarter numbers released post market hours on Friday
The profit in Q2 was lower sequentially as well as the April-June earning of Rs 13,248 crore included one-time gain of Rs 7,629 crore from sale of 49 per cent stake in petro retailing business to BP
Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries
Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant
Reliance has raised more than $20 billion by selling stakes in Jio Platforms. Global investors including Facebook and Google bought a combined 33% in that venture this year
From protests over farm bills to Harley Davidson set to quit India, here are top headlines this morning
IT stocks were expected to re-rate and that is happening now.