Future Group-Reliance Industries deal gets SEBI approval
Wed, Jan 20, 2021 11:07 PM

Future Group-Reliance Industries deal gets SEBI approval

A Flip by Flipitnews
Get it on Google Play
SEBI granted approval to the deal between Kishore Biyani-led Future Group and Reliance Retail, an arm of the Mukesh Ambani-led Reliance Industries (RIL) on January 20. In August 2020, Biyani had entered into a Rs 24,713 crore agreement with Reliance Retail. As part of the pact, Future Group was to sell its retail, wholesale, logistics and warehouse businesses to Reliance Retail Retail Ventures.

More great flips

Should SoFi Stock Investors Worry About This Little-Known Risk?

Should SoFi Stock Investors Worry About This Little-Known Risk?

SoFi Technologies (NASDAQ: SOFI) just reported solid 2024 first-quarter results. Revenue jumped 37% year over year, and the digital-banking provider posted its second straight positive-net income. These are encouraging signs. Nonetheless, the fintech stock remains about 72% off its peak price (as of May 6). Investors looking to score huge long-term returns might have their eyes on this business.

Open Flip
Price Volume breakout stocks: These stocks likely to be in focus Tomorrow

Price Volume breakout stocks: These stocks likely to be in focus Tomorrow

📌Hindustan Zinc Ltd showed significant market activity today, with its stock price hitting a new 52-week high of Rs 540.95 and closing at Rs 529. 📌Jupiter Wagons Ltd experienced a robust trading session, reaching a new peak of Rs 497.9 before settling at Rs 484.1 📌Jain Irrigation Systems Ltd saw its stock price rise to Rs 69.85, finally closing slightly lower at Rs 68.1

Open Flip
Stocks to buy: Indus Tower, Bata India among top bets, here's why

Stocks to buy: Indus Tower, Bata India among top bets, here's why

On the daily chart, the index has broken down from the rising channel, indicating a rise in bearish sentiment. The trend is likely to remain weak in the near term. Stocks to buy 📌Indus Tower: Buy at ₹333 | Target Price: ₹354 | Stop Loss: ₹322 📌EIH Hotels: Buy at ₹488 | Target Price: ₹520 | Stop Loss: ₹469 📌Bata India: Buy at ₹1310 | Target Price: ₹1450 | Stop Loss: ₹1259

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon