How Mukesh Ambani, Amazon's Jeff Bezos and Walmart's Doug McMillon are fighting to get a bigger slice of India's $850 billion retail market

Share of Mukesh Ambani-led  RIL rose 2.96% to Rs 2013 against previous close of Rs 1955 on BSE

This investment values RRVL at a pre-money equity value of Rs 4.587 lakh crore. PIF also invested Rs 11,367 crore in Reliance Jio for an equity stake of 2.32 per cent

Mukesh Ambani-led Reliance Industries Limited (RIL) is expected to announce on Friday a $1 billion investment from Abu Dhabi Investment Authority and Saudi Arabia's Public Investment Fund (PIF) in Jio's fibre network

The dual listing, a first for Shanghai's Nasdaq-style STAR Market and Hong Kong, would value Ant at about $312 billion before a so-called greenshoe option for a 15% overallotment of shares

The fresh fund infusion of Rs 11,650 crore in Reliance Retail Ventures is part of the company's plan to increase the capital base

Dinesh Kumar Khara has been appointed as the next Chairman of State Bank of India for a term of three years; Westlife Development, the company that owns and operates McDonald's restaurants in West and South India, has reopened its restaurants in Maharashtra. Watch this and more on News Blast.Also Read: China falls out of favour; global survey finds sharp growth of negative perception

Bajaj Finance stock touched an intraday low of Rs 3286, down 5.42% on BSE

China not allowed! India approves 16 for incentive scheme, none from ChinaThe government on Tuesday released the names of 16 applicants who have been found eligible for the product linked incentive scheme for large scale electronics manufacturing launched in April this year, including Samsung, Lava, Micromax, Dixon and contract manufacturers for Apple iPhone - Foxconn, Wistron and Pegatron. None of the Chinese smartphone makers like Xiaomi, Vivo, Oppo, OnePlus or Realme figure in the list ev...

RIL stock touched an intraday high of Rs 2262.25, rising 3.89% to Rs 2,296 on BSE

India Stock Market Highlights Today: Titan, ONGC, Bajaj Auto, Maruti, Reliance Industries, HUL and UltraTech Cement were among the top gainers. On the other hand, Bajaj Finance, followed by Bajaj Finserv, IndusInd Bank, ICICI Bank, Kotak Bank and Axis Bank were among the top losers today

Stocks to watch today on October 7: TCS, RIL, SBI, Bajaj Finance, Future Consumer among others are the top stocks to watch out for in Wednesday's trading session

Balbir was feeling tired since the night of October 5. He had a mild fever, body ache, and throat pain. Thereafter, Balbir's samples were taken to a hospital and yesterday his test came positive

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With this investment, Reliance Retail Ventures has raised Rs 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks

About 3-4 deals are believed to be nearing conclusion and will be announced in the next one month. They include funds from Middle East like Mubadala

Mubadala, after its investment in Jio Platforms has held extensive talks for investment in the retail venture. The investment could be anywhere between $500 million and $1 billion

The deal-making process started with world's biggest social media platform, Facebook Inc, pumping in a record Rs 43,574 crore for 9.9 per cent stake in RIL subsidiary Jio Platforms Ltd (JPL) on April 22, making it the largest minority shareholder in RIL

CAMS is selling 1.82 crore shares through the offer for sale (OFS) route. Face value will be Rs 10 per equity share

Computer Age Management Services (CAMS) has raised Rs 666.57 crore from anchor investors ahead of the opening of its initial public offer (IPO) on Monday