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Reliance Industries Gains 1% As GIC, TPG Capital, Mubadala Buy Stake In Retail Arm
Edited by Peter Noronha | Monday October 05, 2020The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance Retail Ventures. -
Vedanta's Profit Drops 23.5% As Virus Lockdown Hurts Output, Demand
Swansy Afonso and Baiju Kalesh, Bloomberg | Monday October 05, 2020Group net income slumped to Rs 1,033 crore ($141 million) in the three months to June from Rs 1,351 crorea year earlier, the company said in a statement late Saturday. -
Market Live Updates: Sensex Rises Over 400 Points, Nifty Touches 11,500 Amid Broad-Based Gains
Edited by Sandeep Singh (with inputs from agencies) | Monday October 05, 2020Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session. -
Petrol, Diesel Prices Remain Steady On Monday
Edited by Peter Noronha | Monday October 05, 2020In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 5- the same levels as the previous day. -
Sensex, Nifty Likely To Have A Firm Opening
Edited by Peter Noronha (with inputs from agencies) | Monday October 05, 2020U.S. stock futures rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty. -
Credible Signs Of Economic Growth In September, Says Finance Ministry
Edited by Peter Noronha | Sunday October 04, 2020The GST collection rose 4 per cent in September (year-on-year) to Rs 95,480 crore, rail freight revenue earnings rose 13.5 per cent and power consumption increased by 4.2 per cent. -
CNG, Piped Cooking Gas Prices Cut In Delhi
Edited by Peter Noronha | Sunday October 04, 2020CNG Price Today: The price of CNG for automobiles has been reduced by Rs 1.53 per kg to Rs. 42.70 per kg in Delhi and by Rs 1.70 per kg to Rs 48.38 per kg in Noida, Greater Noida and Ghaziabad. -
Angel Broking IPO To List On BSE, NSE On Monday
Edited by Peter Noronha | Sunday October 04, 2020Angel Broking: The public offer of the broking firm was subscribed 3.94 times, receiving bids for 5.4 crore equity shares as against the offer size of 1.37 crore equity shares, as per data available with the stock exchanges -
Reliance Industries Sells Rs 32,198-Crore Stake In Retail Arm Within A Month: 10 Things To Know
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 03, 2020Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced investments worth Rs 7,350 crore from global investment firms in its retail arm, Reliance Retail Ventures. TPG Capital Management will buy a 0.41 per cent stake in Reliance Retail Ventures for Rs 1,837.5 crore, and GIC will take 1.22 per cent for Rs 5,512.5 crore Reliance Industries said in a statement. The transactions are likely to bolster the Reliance Industries' retail presence in the domestic market. -
How To Download A Digital Aadhaar Card
Edited by Sandeep Singh | Saturday October 03, 2020Aadhaar Card: An online facility provided by the UIDAI enables an Aadhaar member to download a digital copy of the identification card. -
Petrol, Diesel Prices Unchanged In Metros
Edited by Sandeep Singh (with inputs from agencies) | Saturday October 03, 2020Petrol, Diesel Price: The three state-run companies account for the majority of petrol and diesel stations in the country. -
Reliance Industries' Retail Arm To Get Rs 7,350 Crore Investment From GIC, TPG Capital
Reuters | Saturday October 03, 2020The investments in Reliance Retail give the company a pre-money equity value of Rs 4.285 lakh crore ($58.47 billion), Reliance Industries said. -
Tesla CEO Elon Musk Suggests India Entry In 2021
Reuters | Friday October 02, 2020Tesla's entry could come at a time when Prime Minister Narendra Modi is increasingly becoming focussed on promoting the use and manufacture of electric vehicles. -
India's September Trade Deficit In Goods At $2.91 Billion
Reuters | Friday October 02, 2020Total merchandise imports fell by 40.06% to $148.69 billion during April-September while exports were down 21.43% from the year-ago period. -
LIC New Jeevan Anand Plan: Premium, Sum Assured, Eligibility, Other Details Here
Edited by Abhishek | Friday October 02, 2020LIC Jeevan Anand Policy: The maximum maturity age for the LIC New Jeevan Anand policy is 75 years, with minimum policy term of 15 years and maximum policy term of 35 years.
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