Post the 4-day slide, the total market valuation of BSE-listed companies stood at ₹256.39 lakh crore at the end of Tuesday, leaving investors poorer by ₹9.85 lakh crore compared to March 8..GNFC and India Bulls Housing Finance are the two stocks in the F&O ban list for Wednesday trading.
RIL is the country s biggest brick-and-mortar retailer with over 16,600 stores, and a strong wholesale unit would further deepen its operations in India
Reliance Industries has agreed to buy German firm Metro AG’s wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India’s mammoth retail sector.
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, today said it has signed definitive agreements to acquire 100% equity stake in Metro Cash & Carry India Pvt Ltd. for a total cash consideration of Rs 2,850 crore, subject to closing adjustments.