Tata Group courts investors for new digital platform in bid to take on rivals Amazon, Jio

By Anto Antony, Saritha Rai and Baiju Kalesh India’s Tata Group is in talks with potential investors about taking stakes in a new digital platform, people familiar with the matter said, seeking to modernize its consumer businesses as retail giants like Amazon.com Inc. and billionaire Mukesh Ambani pile into the …

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Competition Commission reviewing both online, offline aspects of Reliance-Future deal

India’s antitrust body will examine the online and offline aspects of the Reliance-Future Group deal – separately and together – to ascertain their effect on competition, according to an official. Reliance Retail Ventures Ltd., a unit of Reliance Industries Ltd., sought the Competition Commission of India’s approval on Monday for …

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RIL’s dominance is reason behind $200 bn valuation

In February, just before the pandemic affected stock valuations, Reliance Industries Ltd (RIL) and Tata Consultancy Services Ltd (TCS) were in a neck and neck fight in India. The market capitalization of the two firms hovered around ₹8-8.5 trillion. In end-March, when stocks were at their bottom, RIL’s market capitalization …

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Stocks to Watch: Route Mobile, HCL Tech, RIL, Bharti Airtel, Bank of India

NEW DELHI : Here’s a list of top ten stocks that may be in news on Monday: HCL Technologies: HCL Technologies has announced its intent to acquire DWS Limited, a leading Australian IT, business and management consulting group. “The transaction is expected to close in December 2020, subject to closing …

Read moreStocks to Watch: Route Mobile, HCL Tech, RIL, Bharti Airtel, Bank of India