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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Markets could remain edgy as US elections draw closer

Stock markets may remain wobbly as last week’s sell-off comes on the back of concerns that the main street’s earnings growth does not quite reflect the soaring valuations. Stocks are also feeling the squeeze because liquidity is seeping away. Lately in September foreign investors started intensifying selling leading to ₹1,657 …

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Eight of top 10 firms lose Rs 1.57 lakh cr in market valuation

NEW DELHI: Eight of the top 10 valued firms witnessed a combined erosion of Rs 1,57,277.53 crore in market valuation last week, with Reliance Industries Limited emerging as the biggest laggard. Last week, the Sensex lost 1,457.16 points or 3.83 per cent. Only Infosys and HCL Technologies emerged as gainers …

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Stocks to Watch: DHFL, Tata Group, Indian Oil Corp, HCC, Sequent Scientific

NEW DELHI : Here’s a list of top ten stocks that may be in news on Wednesday: DHFL: The Securities and Exchange Board of India (Sebi) has barred promoters of Dewan Housing Finance Corp. Ltd (DHFL) from the securities market, accusing them of indulging in fraudulent transactions and misleading investors …

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Shapoorji Pallonji Group agrees to exit Tata Group, says separation in best interest of all stakeholders

Mumbai: Shapoorji Pallonji (SP) Group said on Tuesday it is time to separate from Tata Group, and added it was crucial that an early resolution is reached to arrive at a fair and equitable solution, reflecting the value of the underlying tangible and intangible assets. “The SP-Tata relationship spanning over …

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Government looks to sweeten Air India sale deal, discusses proposals for prospective bidders

NEW DELHI: The government has decided to go ahead with the process to divest stake in Air India and is discussing proposals to further sweeten the deal for prospective bidders by allowing some relaxations along the bidding process. However, any significant reduction in debt has been ruled out, government sources …

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NSE-BSE bulk deals: Goldman Sachs, Kuwait Invt Authority lap up Route Mobile

Mumbai: Route Mobile dominated the bulk deals on Monday as investors such as Goldman Sachs and Kuwait Investment Authority stocked up shares of the company at its debut. The Vanguard Group continued with its buying spree of Indian stocks, and shopped for Tata Motors DVR and Deepak Nitrite. There was …

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