KKR-Reliance Retail deal: American buyout firm to invest Rs 5,500 crore for 1.28% in RIL unit
Second deal by Mukesh-Ambani-controlled Reliance Industries Ltd retail unit in as many weeks will help it widen lead over competitors such as Amazon and Walmart-owned Flipkart as India’s largest retailer.
BJP as mediator, AIADMK and Sasikala hold talks for merger
The developments come ahead of Sasikala’s expected release from a Bengaluru prison before January 2021.
Private equity inflow in real estate down 85 pc in Jan-Aug at USD 866 mn: Report
The private equity (PE) inflow stood at USD 5,795 million in the corresponding period of the previous year.
Arms depot of Iran-backed Hezbollah explodes in Lebanon, source says
An arms depot of the Iran-backed Shi’ite Muslim group Hezbollah exploded in southern Lebanon on Tuesday, a security source said, injuring several people and sending a new shockwave across a nation grappling with its deepest crisis in three decades.
Wadhawan brothers of DHFL gifted properties in Dubai to Iqbal Mirchi’s family
Sources told The Indian Express that in 2015, Dheeraj Wadhawan and East Coast LLC transferred four commercial properties totaling over 2900 sq ft in Marsa, Dubai, to Memon without any monetary consideration.
CAMS IPO fully subscribed on day two, retail investor bid 1.79 times for the issue
The Rs 2,244 crore IPO, which does not consist of a fresh issue but only an Offer For Sale (OFS) of existing shares by NSE Investment, which is selling all of its 37.48% stake.
MDR on debit card should be capped at 0.6% by Govt: Report
The discriminatory approach adopted by the card payment networks to supervise their own 'no surcharge rule;, for credit cards, needs to be addressed by regulator RBI, it said.
Good news for Vaishno Devi pilgrims! Home delivery service of ‘Pooja Prasad’ launched
The devotees who are unable to visit the shrine located between three peaked mountains, popularly known as 'Trikuta', can now get the 'Pooja Prasad' delivered to their home, the spokesperson said.