New Delhi: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL), has acquired shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder) for a cash consideration of Rs 182.12 crore. The investment represents a 96 percent stake in UrbanLadder’s capital stock. RRVL has an additional option …
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Pfizer, Moderna, Novavax: executives from several US laboratories developing COVID-19 Vaccines have recently raked in millions of dollars by selling shares in their companies, raising questions about the advisability of such a move amid a national health crisis. On the same day that pharmaceutical giant Pfizer announced preliminary data showing …
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Friends and detractors of Prime Minister Narendra Modi know that there is nothing casual about the man from Gujarat. Practice your speeches, measure your words, and then articulate your message for maximum impact. Addressing the tri-services in historic Longewala, where a company from the Punjab regiment and Air Force hunters …
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China and 14 other countries agreed to form the world’s largest free trade bloc, which encompasses nearly a third of all economic activity, in a deal that many in Asia hope will help accelerate recovery from the impacts of the coronavirus pandemic. The Regional Comprehensive Economic Association, or RCEP, was …
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Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd (RIL), has acquired shares in online furniture startup Urban Ladder Home Decor Solutions Pvt Ltd to ₹Rs 182.12 crore RRVL bought a 96% stake in Urban Ladder’s share capital and has an additional option to acquire the remaining stake, …
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The Prime Minister of Vietnam chairs the IV Regional Summit of Comprehensive Economic Partnership Hanoi: Fifteen countries signed an extensive Asian trade deal on Sunday seen as a major blow to China in expanding its influence. The Regional Comprehensive Economic Association (RCEP), which includes 10 Southeast Asian economies along with …
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The success of Pfizer Inc.’s Covid-19 vaccine trial may help persuade more people to get vaccinated amid a surge in new coronavirus cases, according to Anthony Fauci, America’s leading infectious disease physician. The Pfizer vaccine, developed in collaboration with BioNTech SE of Germany, has “an extraordinarily high degree of efficacy: …
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Backed by China, the expanding Regional Comprehensive Economic Association (RCEP) is seen as a coup for Beijing to extend its influence in the region and mark its dominance in Asian trade. After eight years of discussing the details, the trade pact, the world’s largest in terms of GDP, analysts say, …
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NEW DELHI: Barring select consumer goods names, stocks from all sectors were in demand during Saturday’s annual Muhurat Trading session, pushing benchmarks to new all-time highs. An overnight rally in US markets also supported morale on Dalal Street. Improving business sentiment and the holiday spirit keep markets bullish as indices …
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What did the RBI warn about falling GDP amid the pandemic and what awaits us? The story so far: The latest monthly newsletter of the Reserve Bank of India (RBI) features an article by an official in its Monetary Policy Department titled ‘An Index of Economic Activity for India’, where …
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