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Route Mobile IPO Opens For Subscription. Here's What Brokerages Have To Say
Edited by Peter Noronha | Wednesday September 09, 2020The Rs 600 crore public issue will be open for three trading days till September 11, and the company has fixed the price band at Rs 345-350 per share. -
Mukesh Ambani's Reliance Retail Unit Sells 1.75% Stake To US' Silver Lake
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) said on Wednesday that the US-based Silver Lake will invest Rs 7,500 crore in its subsidiary, Reliance Retail Ventures. Silver Lake's investment will translate into a 1.75 per cent stake in RRVL, the conglomerate said in a regulatory filing at the start of market hours. The deal is likely to bolster RIL's retail presence in the domestic market. Reliance Industries said the transaction, subject to regulatory approvals, values Reliance Retail Ventures at an equity value of Rs 4.21 lakh crore. -
Mukesh Ambani's Reliance Retail Ventures To Get Rs 7,500 Crore Investment From US-Based Silver Lake
Reuters | Wednesday September 09, 2020, BengaluruThe investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore, Mumbai-based Reliance said in a regulatory filing. -
Reliance Jio To Roll Out 10 Crore Low-Cost Phones By December: Report
Reuters | Wednesday September 09, 2020, BengaluruMukesh Ambani had said in July that Google would build an Android operating system (OS) to power a low-cost "4G or even 5G" smartphone that Reliance Industries would design. -
Ashok Leyland Chairman Emeritus RJ Shahaney Dies
Press Trust India | Wednesday September 09, 2020, ChennaiMr Shahaney was the Chennai-based company's first Managing Director, and served in that capacity between 1978 and 1998 and later as chairman till 2010. -
All You Need To Know About Oil Price Today
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Crude Oil Rate Today: The Intercontinental Exchange's Brent futures are considered a benchmark for global oil markets, besides the New York Mercantile Exchange's WTI crude futures. -
Sensex Falls Over 250 Points Tracking Global Markets; Nifty Near 11,250
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Equities elsewhere in Asia fell after a rout of technology shares pulled Wall Street for the third day in a row. -
Petrol, Diesel Prices Remain Unchanged On Wednesday
Edited by Peter Noronha | Wednesday September 09, 2020In Delhi, the price of petrol was maintained at Rs82.08 per litre and diesel rates were steady at Rs 73.16 per litre, according to Indian Oil Corporation. -
Sensex, Nifty Likely To Open Weak
Edited by Peter Noronha (with inputs from agencies) | Wednesday September 09, 2020The domestic stock markets are likely to open in the red, going by weak cues from the Asian and US markets, and indications from SGX Nifty. -
Gold Futures Dip To Rs 50,793, Silver Tumbles To Rs 67,340 As Dollar Firms
Edited by Sandeep Singh (with inputs from agencies) | Wednesday September 09, 2020Gold Price In India Today: Gold and silver moved higher after a firmer dollar offset support from renewed fears over the economic hit from the COVID-19 pandemic. -
Government Asks Registrar Of Companies To Approve Three Months' Extension For Companies' Annual General Meetings
Asian News International | Tuesday September 08, 2020Many companies have not been able to hold their annual general meetings (AGMs) due to the COVID-19 pandemic -
Happiest Minds IPO Subscribed More Than 8 Times On Day 2
Edited by Peter Noronha | Tuesday September 08, 2020Happiest Minds Technologies IPO: Retail investor category was subscribed 38.85 times, non-institutional investors, 3.96 times and qualified institutional investors, 47 per cent. -
Government Pushes State-Run Banks To Step Up Loans To Street Vendors: Report
Reuters | Tuesday September 08, 2020Bankers have been warned of penalties if targets are not met, said two sources who spoke on condition of anonymity. -
Sensex, Nifty End Volatile Session Marginally Lower; IT Stocks Jump, Metals Fall
Edited by Abhishek Vasudev | Tuesday September 08, 2020Mid- and small-cap shares also witnessed selling pressure as Nifty Midcap 100 index fell 1.4% and Nifty Smallcap 100 index dropped 0.87%. -
Sensex, Nifty Off Day's Highs; IT Stocks Gain, Metals Fall
Edited by Abhishek Vasudev | Tuesday September 08, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal index's nearly 1 per cent fall.
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