Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Once again, some insiders have taken .
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Updated Mar 04, 2021 | 13:54 IST
FMCG distributors, dealers, and suppliers have written to Amazon challenging their position on the FRL-RIL deal and penning their concerns of pending payment of dues by FRL. (Representational Image) | Photo Credit: BCCL
Key Highlights
Future-RIL deal to enable FRL to clear dues
FMCG dealers, distributors, suppliers suffering from a deal block
Distressed with Amazon’s legal position over Future Group’s deal with Reliance Industry, the members of All India Consumer Products Distributors Federation penned a passionate letter to Amazon CEO Jeff Bezos on March 2.
Citing “unwarranted adventurism,” the letter described Amazon’s efforts to stay FRL-RIL deal as their “Great Game of world domination.”
Updated Feb 17, 2021 | 08:37 IST
With a fortune of $191.2 billion, Amazon founder Jeff Bezos has taken the title of world s richest person back from Tesla s Elon Musk Jeff Bezos | Photo Credit: BCCL
Jeff Bezos reclaimed the title of the world’s richest person pushing Tesla boss Elon Musk to the second position on the Bloomberg Billionaire Index.
Musk displaced Bezos from the pole position last month after the latter held the position for three years.
Tesla shares slipped 2.4% on Tuesday bringing making its chief executive officer poorer by $4.6 billion and pushing him to the second position on the index.
With a fortune of $191.2 billion, Amazon founder is back at the top of the rich list after being pushed to the second spot for six weeks in January 2021 owing to a continued rally in Tesla stocks. Due to the recent movement in stock prices of Amazon and Tesla, Bezos is now $995 million richer than Musk.