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This is the 12th investor to pick up a stake in Reliance Industries Ltd’ (RIL’s) telecom and digital business in less than two months. Qualcomm Ventures' stake buy will take the total investments in Jio Platforms to Rs 1,18,318.45 crore for a combined 25.24 percent holding.
SGX Nifty up 25 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 61 points, or 0.60 per cent higher at 10,206.20, in signs that Dalal Street was headed for a positive start on Monday.
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… Read MoreHold MOIL, target price Rs 160: Emkay GlobalThe brokerage maintains a hold rating on MOIL as the company has cash of Rs 77/share. With minimal capex ahead.
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… Read MoreBuy Gulf Oil Lubricants, target price Rs 870: Emkay GlobalThe brokerage has built in a 14 per cent/10 per cent cut in EBITDA/ltr. It values Gulf Oil at 20 times FY22E EPS.
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… Read MoreZerodha’s Rs 60-65 crore Esops buyback plan values firm at $1 billionThe quantity of shares an employee can sell will be based on performance.
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… Read MorePSBs help keep a lid on cos’ borrowing costsIn the past 3 months, loan rates have been kept unchanged even for the ones that faced downgrades.
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