Market cap on BSE rose by Rs 1.32 lakh crore against previous session's closing of Rs 197.70 lakh crore

SEBI approves Reliance-Future deal, BSE grants 'no-adverse-observation' status Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its \"no adverse observation\" report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground tha...

The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August

In October last year, Aditya Birla Fashion's board had approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group

Majority stake in BigBasket for Tata means full exit of biggest backers of BigBasket, including Chinese e-comm giant Alibaba and equity firm Abraaj group. Both collectively hold about 46 per cent stake in BigBasket. Once deal is signed, it could value BigBasket at about $1.6 billion

While the app is the store front, a considerable work at the backend has gone in training and upskilling of artisans through Antaran where the focus is on handholding the artisans to be entrepreneurs

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

Buoyed by strong global cues ahead of a new presidency in the US under Joe Biden, Sensex closed 834 points higher at 49,398 and Nifty gined 239 points to 14,521

Snapping two sessions of losses, Sensex rose 578 points to 49,142 against previous close of 48,564. Nifty too climbed 166 points to touch the intra day high of 14,447

RIL share gained 3.05% to an intraday high of Rs 1996.6  against previous close of Rs 1,937.60 on BSE

Inclusion of the JioMart app in WhatsApp will provide it unlimited reach to over 40 crore users of WhatsApp in India, and thus help build its online presence; JioMart was launched after Facebook inked a mega $5.7 billion deal with Reliance Retail for 9.9 per cent stake last year

Amazon has been opposing Future group's pact with billionaire Mukesh Ambani's RIL that was signed in August last year

Falling for the third straight session, stock of YES Bank opened at previous close of Rs 18.20 today, also its day's high. Later, the stock fell to the day's low of Rs 17.60, down 1.4% on BSE

Stocks to watch today on January 15: Airtel, SAIL, L&T Infotech, Bharat Dynamics, Strides Pharma, IRCON among others are the top stocks to watch out for in Friday's trading session

US-based Amazon has requested Sebi to direct the Indian stock exchanges not to issue a 'no-objection certificate' to Future Retail

A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notice to FRL, Future Coupons Pvt Ltd (FCPL), Reliance Retail and the Biyanis seeking their stand on the plea by Amazon against the observations made by the single judge in a December 21, 2020 interim order

Another Indian business house, which has seen a fast appreciation of share prices of its group companies in the recent past is Adani Group; however, the Bajajs are still ahead of Adanis in share price

In its letter dated January 5, Amazon urged the market regulator to direct the Indian stock exchanges not to issue any no-objection or approval letter to Future Retail Ltd

Morgan Stanley expects the upcoming earnings results to prompt an earnings upgrade cycle with chemicals in the driver's seat, before refining picks up by mid-2021

Reversing from three days of straight gains, stock of YES Bank opened higher at Rs 18.20 today and fell to the day's low of Rs 17.90, down 1.9% against last close of Rs 18.05