Flipkart and Amazon, the two biggest players in the Indian e-commerce arena will kick off their sales on Monday.

As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.

The Reliance Industries stock rose to its intra day high of 1091 level, a rise of 5.27% from previous close. Its market capitalisation rose to Rs 6,88,766 crore  on the BSE.

CBRE released its annual Global Prime Office Occupancy Costs survey. The cost reflects rent, plus local taxes and service charges for the highest-quality prime office properties.

Prime members shopping for Rs 1,000 on Amazon Pantry during Prime Day will get additional savings of Rs 2,400 over the next one year.

The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore.  The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate.

Once the amendments are finalised by the revenue department, they will be moved to the GST Council for approval. After that, they will be placed before Parliament and state legislatures for amending the GST law.

After displacing Samsung from pole position in smartphones, Xiaomi aims for a bigger play in Indian consumer durables.

A new breed of fintech lenders is creating a niche segment.

The implementation of GST has led to uniformity of tax rates across the country. we look at the impact on different sectors.

The man at the centre of the government's mega tax reform, Finance Secretary Hasmukh Adhia, shares with Dipak Mondal his experience of seeing through the one year of GST.

\"As Reliance transitions to become a technology platform company, we see our biggest growth opportunity in creating a hybrid, online-to-offline new commerce platform,\" Ambani said at the RIL AGM.

Taking a cue from Maharashtra, Uttar Pradesh too will ban use of plastic products by the mid of this month. Talking to ANI, Chief Minister Yogi Adityanath said that an order has been passed to ban the use of plastic in the entire state from July 15.

Mukesh Ambani's speech lacked usual big project announcements and investment plans. He can't be blamed for it as the company is concluding its Rs 4-lakh crore capital expenditure cycle, which includes Rs 2.5-lakh crore for creating digital business and Rs 1.5-lakh crore for petrochemical and refining projects.

\"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly,\" said Deven Choksey, founder, KR Choksey Investment Managers.

In a regulatory filing yesterday, Biyani-led Future Lifestyle Fashions Ltd (FLFL) disclosed that it has reached a conditional agreement with leading e-commerce fashion business Koovs to acquire up to 29.9 per cent stake in it, subject to regulatory and procedural approvals.

After disrupting the telecom sector with Reliance Jio's cheap mobile data tariffs, the Mukesh Ambani-led retail-to-refining conglomerate is looking to expand its JioFiber boradband business.

VK Sharma, Head Private Client Group & Capital Market Strategy at HDFC Securities said,\" Reliance saw profit booking as the company unveiled its foray into the broad band services known as 'Jio Giga Fiber'.  This is a smart move by the company in a sector that has not seen keen penetration. The stock had risen 6% in the run up to the AGM, so a correction was not out of place.\"

The buzz is that Flipkart is looking to enter the financial services space, and start offering its customers as well as sellers a plethora of credit and insurance products.

Walmart, on the other hand, maintains that the deal with Flipkart will not only prove beneficial for small supplier and farmers, but will also generate employment.