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SIAC rejects Future’s plea to allow RIL deal

Updated at : 2021-10-22 08:20:01

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In a double win for Amazon, the Singapore International Arbitration Centre (SIAC) has rejected Future Retail’s (FRL’s) plea to lift the interim stay on its Rs 24,700-crore asset sale to Reliance Retail, the retail arm of the Mukesh Ambani-led conglomerate Reliance Industries, said a

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Sebi has warned investment advisers from helping clients invest in digital gold instruments since these are not regulated by it. In early August this year, the stock exchanges had warned brokers not to deal in digital gold.

Indian Hotels to raise Rs 4,000 crore

Updated at : 2021-10-22 08:20:01

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In August, it had decided to raise up to Rs 3,000 crore through a rights offering. But, on Thursday, it modified its capital-increase programme and now will raise Rs 2,000 crore via a rights issue and another Rs 2,000 crore through a qualified institutional placement (QIP).

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Oil prices resumed their climb on Friday on continued tightness in U.S. supply, but were headed for a flat finish on the week as coal and gas prices eased, curbing fuel-switching which had stoked demand for oil products for power.

ZEE to consider Invesco’s EGM demand

Updated at : 2021-10-22 07:20:01

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The court, while making such a suggestion also asked the parties to propose a date and name of some neutral chairperson to conduct the EGM.

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In terms of reduction of Co2 the company has set a target to increase the usage of renewable power by 50% by FY26 and 100% by 2035 in its operations.

S&P upgrades credit ratings of Tata Steel

Updated at : 2021-10-22 07:20:01

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​​The stable outlook by S&P reflects an expectation that Tata Steel will continue deleveraging to improve its resilience to downturns over the next 12-18 months.

Bitcoin at $66,000 sets off crypto rush

Updated at : 2021-10-22 07:20:01

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Indian investors increasing their holdings in digital currencies, not booking profits this time

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Executives of big business groups confirmed that investments were on the rise following the abatement of the pandemic.

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Foreign portfolio investors have put in a net of $273 million in the four trading sessions through a combination of instruments-equity, debt, voluntary retention route (VRR) as well as the hybrids, since the FOMC meeting on October 12, data from NSDL shows.

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