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The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
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Among stocks, Mahindra & Mahindra skidded by 2.2 per cent to Rs 717.65 per share while Tata Motors was down by 2 per cent to Rs 176.80.
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Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
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After touching its record intra-day peak of 46,373.34, the 30-share BSE Sensex ended 154.45 points or 0.34 per cent higher at 46,253.46, its new closing record.
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Speaking at the India Mobile Congress, Ambani said policy steps are needed to accelerate an early rollout of 5G, and to make it affordable and available everywhere.
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In a filing to stock exchanges, Reliance said it will make the investment in tranches over the next 8 to 10 years
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Reliance Industries was the top laggard, tanking over 4 per cent, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL.
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A Bench headed by Justice Ashok Bhushan dismissed an appeal filed by petitioner Himanshu Agarwal against a December 2019 order of the Bombay High Court.
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IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HDFC, ICICI Bank, Tech Mahindra, Bajaj Finance, UltraTech Cement and Tata Steel. On the other hand, Bharti Airtel
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Amazon, which acquired an indirect minority stake in the retail and fashion conglomerate last year, alleged that Future's sale of its retail, wholesale, logistics and warehousing businesses to Reliance breached
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A sharp fall in the rupee and a negative trend in global markets further unnerved investors, traders said.
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The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.
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Billionaire Kumar Mangalam Birla's retail business will issue preference shares to Flipkart, giving it a 7.8 per cent stake, Aditya Birla Fashion said in a stock exchange filing
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Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30. The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.
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The 30-share BSE index was trading 279.13 points or 0.69 per cent lower at 40,428.18, and the broader NSE Nifty fell 80.05 points or 0.67 per cent to 11,857.60.
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Hearing of the arbitration took place at the Singapore International Arbitration Centre after Amazon had slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 cr asset sale to RIL violated an agreement
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Exchange data showed that foreign institutional investors sold equities worth Rs 39.39 crore on a net basis on Friday.
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Exchange data showed that foreign institutional investors bought equities worth Rs 978.37 crore on a net basis on Thursday.
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The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.