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Facebook Invests In Reliance; Strong Value Unlocking On Cards

In one of the biggest deal in the recent history, Reliance Industries has informed that the global social media giant, Facebook will invest Rs 43,574 crore in Reliance’s subsidiary for digital services-Jio Platforms. The deal is also termed as the largest FDI for minority investment in India.

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Bear hug for Sensex, Nifty; CG Power locks in at upper circuit, Aditya Birla Fashion and Retail down by nearly 3 per cent

Geyatee Deshpande / Article rating: 4.2

The month of August has begun with strong bearish sentiments prevalent in the domestic markets as Sensex slumped by 667.29 points or 1.77 per cent to close at 36,939.60 while Nifty tanked by 173.60 points or 1.57 per cent to settle at 10,899.85.