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Sensex Falls Over 400 Points, Nifty Below 11,800; Auto, Metals Worst Hit
Edited by Abhishek Vasudev | Monday October 26, 2020All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty metal index's nearly 3 per cent decline. -
As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back
Edited by Peter Noronha | Monday October 26, 2020The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore. -
JSW Steel Falls After Profit Declines 42% In September Quarter
Edited by Abhishek Vasudev | Monday October 26, 2020JSW Steel's revenue sales advanced 12 per cent to Rs 16,487 crore versus Rs 14,752 crore in the same period last year. -
Reliance Industries Slips Nearly 2% As Reliance Retail-Future Deal Put On Hold
Edited by Peter Noronha | Monday October 26, 2020The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures. -
IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"
Edited by Sandeep Singh | Monday October 26, 2020IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless". -
Car Dealers Upbeat About Festive Season
Written by Purva Chitnis | Monday October 26, 2020According to the data released by Federation of Automobile Dealers Association, the overall vehicle registrations in September went up by 14 per cent over August. -
Petrol, Diesel Prices Unchanged On Monday
Edited by Peter Noronha | Monday October 26, 2020In Delhi, the price of petrol remained at Rs81.06 per litre on October 26, and diesel at Rs 70.46 per litre. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litrerespectively. -
Market Live Updates: Sensex Falls Over 150 Points, Nifty Slips Below 11,900; IT, Metal Shares Drop
Edited by Sandeep Singh (with inputs from agencies) | Monday October 26, 2020Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan went flat, still short of its recent 31-month peak. -
Sensex, Nifty Likely To Have Subdued Opening
Edited by Peter Noronha (with inputs from agencies) | Monday October 26, 2020Global shares got off to a cautious start on Monday as surging coronavirus cases in Europe and the United states threaten the economic outlook, even as growth in China provides some support to Asia. -
"Intend to Enforce Rights": Reliance As Amazon Wins Order To Stall Deal
Edited by Peter Noronha (with inputs from agencies) | Monday October 26, 2020Reliance Retail said "it intends to enforce its rights and complete the transaction as per its agreement with the Future Group without any delay" after the US-based e-ecommerce major Amazon.com won an interim award against Kishore Biyani-owned group company for its deal with Reliance Retail Ventures Ltd (RRVL). The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore. The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures. -
Future-Reliance Deal Put On Hold As Amazon Wins Order
Press Trust of India | Monday October 26, 2020, New DelhiAmazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single-judge arbitration panel put the deal on hold. -
Don't Wind Up Six Schemes Without Investors' Consent, Karnataka High Court Tells Franklin Templeton
Edited by Peter Noronha (with inputs from agencies) | Sunday October 25, 2020Franklin Templeton Mutual Fund had shut six debt schemes in India amounting to about Rs 28,000 crore from April 23, citing lack of market liquidity and redemption pressures arising from Covid-19 pandemic. -
Burger King India Files IPO Papers, Set To Raise Rs 542 Crore
Edited by Peter Noronha | Sunday October 25, 2020Burger King's initial public offer (IPO) will consist of fresh issue of equity shares amounting to Rs 542 crore and an offer for sale of up to 6 crore equity shares by the promoter QSR Asia, according to the draft red herring prospectus (DRHP) filed with Sebi. -
Here's How To Check Allotment Status Of Equitas Small Finance Bank IPO
Edited by Peter Noronha | Sunday October 25, 2020The IPO received bids for 22.57 crore equity shares as against offer size of 11.58 crore equity shares, subscription data on the stock exchanges revealed. -
Petrol, Diesel Prices Unchanged On Sunday
Edited by Peter Noronha | Sunday October 25, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 25. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre respectively.
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