According to one analyst, the market is likely to be very volatile until concerns about the new strain of covid subside and the Christmas holidays are over. Domestic equity market benchmarks are likely to open flat with a positive bias on Thursday, as trends in SGX Nifty suggest. Ingenious futures …
Read More »Explained: Why Future Group Taken Amazon To Court, What Delhi HC Said
Written by Pranav Mukul | New Delhi | Updated: December 21, 2020 5:23:31 pm After Future’s deal with Reliance, Amazon said the deal was a violation of a non-compete clause and a preemptive right pact it had signed with Future Group. On Monday, the Delhi High Court refused to grant …
Read More »LIVE MARKET: Indices at the low of the day, Sensex falls 300 pts; India VIX up 6%
Stockbrokers (Photo credit: Kamlesh Pednekar) LIVE market updates: India’s benchmark indices failed to sustain a slight recovery and fell more than half a percent in the midday session on Monday, with financials, auto and metals stocks the main downsides. The S&P BSE Sensex fell 350 points to 46,612 and the …
Read More »Delhi HC rejects Future’s request for an interim injunction against Amazon
The Delhi High Court refused on Monday to grant Kishore Biyani’s petition led Future Retail Ltd (FRL) for an interim injunction preventing Amazon from writing to SEBI, CCI and other authorities about the arbitration order against the asset sale. The court had reserved its verdict for today November 20. On …
Read More »Reliance and BP will get a government capped price of $ 4.06 for new gas from KG-D6
Reliance Industries and its partner BP will get just $ 4.06 per unit for the new gas they have started producing in the eastern KG-D6 offshore field, although they have discovered a higher rate in an open market auction, the companies said. sources. In November 2019, Reliance-BP auctioned initial gas …
Read More »Confidence to build the ‘world’s largest zoo’ in Gujarat
(This story was first published in the Times of India on December 20, 2020) Ahmedabad: Dependency industries Ltd will build what it claims to be the largest in the world zoo in Gujarat’s Jamnagar, a senior company executive confirmed on Saturday. The zoo will house about 100 different species of …
Read More »Confidence to build the “world’s largest zoo” in Gujarat | India News
AHMEDABAD: Dependency industries Ltd will build what it claims to be the largest in the world zoo in Gujarat’s Jamnagar, a senior company executive confirmed on Saturday. The zoo will house about 100 different species of animals, birds and reptiles from India and around the world. A Favorite Project of …
Read More »RIL and BP find KG Basin’s R group gas, Asia’s deepest offshore field
Reliance and its partner BP today announced the first gas from the R Cluster, an ultra-deepwater gas field in the KG D6 block off the east coast of India. The two companies are developing three deepwater gas projects in the KG D6 block (R Cluster, Satellites Cluster and MJ) that …
Read More »Reliance and BP announce first gas from Asia’s deepest project
Reliance Industries Limited (RIL) and BP announced on Friday the start of production of the R Cluster, an ultra-deepwater gas field in the KG-D6 block off the east coast of India. RIL and BP are developing three deepwater gas projects in the KG-D6 block: R Cluster, Satellites Cluster and MJ, …
Read More »LIVE MARKET: Record Indices; Sensex rises 200 points, Nifty exceeds 13,600
Indian markets climbed to new record highs on Wednesday, following strong gains in Asian indices. The S&P BSE Sensex rose 240 points, or 0.5 percent, to 46,500 levels. The index reached an intraday high of 46,592. Meanwhile, the wider Nifty50 topped the 13,650 mark. Mahindra & Mahindra was up 3 …
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