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The resolution plan provides for three options — acquisition of RCFL on as-is-where-is basis, buying the firm with one or more asset books on as-is-where-is-basis and acquiring one or more asset books on as-is-where-is basis.
Wall St closes lower on vaccine delay, dampened stimulus hopesJohnson & Johnson announced on Monday it was pausing clinical trials of a COVID-19 vaccine candidate due to an unexplained illness in a study participant. The delay weighed on the company's shares, even after its beat-and… Read MoreStocks in the news: Wipro, RIL, Lakshmi Vilas Bank, Eveready Ind, Hero MotoCorp and BPCLKarnataka Bank, Tata Steel Long Products and Rudra Global Infra Products will announce their September quarter earnings on Tuesday.
from Stocks-Markets-Economic Times https://ift.tt/3nDpx1Y
… Read MoreFuture Group may argue companies involved in Reliance deal not party to Amazon caseConsequently the transaction cannot be challenged, according to industry sources familiar with Future's strategy, in case of a legal confrontation. "Future Retail (FRL) is not party to the case," said one of the people cited.… Read MoreApple and Amazon drive rally on Wall StreetThe S&P 500 was about 1% below its record closing high from Sept. 2, nearly recovering from most of a 9% pullback last month.
from Stocks-Markets-Economic Times https://ift.tt/36VzlP3
… Read MoreStocks in the news: Infosys, Wipro, Karnataka Bank, Tata Elxsi, Adani Green and CG PowerCompetition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar.
from Stocks-Markets-Economic Times https://ift.tt/2SRJKD9
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