Dec 20, 2021
By: Rounak JainThe Competition Commission of India revoked Amazon’s deal with Future Group, stating that the Jeff Bezos company concealed information when it sought regulatory approval for the deal in 2019.
Credit: BCCL
This could pave the way for the Reliance-Future Retail deal that has been stuck in a judicial limbo for several months now. Amazon has also been fined ₹200 crore by the regulator.
Credit: BCCL
India’s third largest IT services company will now be a part of the thirty stocks on Sensex. Analysts expect it to benefit from inflows of nearly $154 million due to this.
Credit: Wipro
The two-wheeler giant will be removed from Sensex, and analysts believe this could result in an outflow of $69 million.
Credit: Bajaj-Auto
The company’s shares will debut on the share market today, after receiving 4.6 times subscription. Its grey market premium was hovering around ₹10.
Credit: Shriram-Properties
Its subsidiary has acquired a 7.5 percent stake in Entroq Technologies, a fintech startup that provides short-curated financial news platforms.
Credit: BCCL
Received authorisation from the Reserve Bank of India to collect indirect taxes on behalf of the Central Board of Indirect Taxes.
Credit: RBL-Bank
Emerged as the lowest bidder for a 500 MW solar power plant at a projected cost of ₹2,400 crore.
Credit: Ircon-International
Launched Retail Finance Carnival, offering zero down payment, zero interest rate and zero finance charges to lure customers.
Credit: Hero-MotoCorp
Supriya Life Sciences IPO subscribed 5.88 times on Day 2. HP Adhesives IPO subscribed 21 times on Day 3.
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