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RIL’s deal for Future retail biz blocks Amazon

By proposing to acquire the retail assets of Future Group (and not Future companies), the Mukesh Ambani-led Reliance Industries (RIL) has ensured that rival Amazon does not become its shareholder.

from Times of India https://ift.tt/3gNhtHe
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Airtel, Vodafone & Jio plans with 2GB data per day



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GDP fall, China worries give the Sensex an 839-point jolt

Sensex slid 839 points or 2.13 per cent to close at 38,628.29. Nifty sank 260.10 points or 2.2 per cent to close at 11,387.50.

from Stocks-Markets-Economic Times https://ift.tt/2YRhy6K

SGX Nifty up 50 points; here's what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 51.50 points, or 0.45 per cent higher at 11,417, in signs that Dalal Street was headed for a positive start on Tuesday.

from Stocks-Markets-Economic Times https://ift.tt/3hN623E

At Rs 47,000 cr, FPIs buy record stocks in August

Bucking the trend of selling in most emerging market equities, foreign fund managers have been buying in India in August. The chief reason is the sensex that was rising through the month, prompting mainly exchange-traded funds (ETFs) to buy in the domestic market.

from Stocks-Markets-Economic Times https://ift.tt/3gKRArC

Stocks in the news: Maruti Suzuki, Bharti Airtel, L&T, RIL and Future Retail

Integrated Core Strategies (Asia) PTE bought 3,80,10,584 shares of telecom major Bharti Airtel at Rs 513.79 per share.

from Stocks-Markets-Economic Times https://ift.tt/3lvoqAx

Margin rule takes effect today, Sebi rejects appeal for delay

So far, investors either had to transfer their shares to the brokers’ account or give power of attorney to the broker for availing leverage. In the new process, as the securities remain in investors’ own demat account, they will continue to enjoy all corporate benefits on their shares.

from Stocks-Markets-Economic Times https://ift.tt/32LGspB