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Reliance Looking To Acquire Textile Industry ‘Sintex’

Reliance Looking To Acquire Textile Industry ‘Sintex’

Reliance, partnering with Assets Care & Reconstruction Enterprise Ltd., plans to hire Sintex Industries Ltd. under the bankruptcy resolution process, Sintex revealed in a filing on Sunday.  Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are planning to take over a bankrupt Indian Textile firm ━ Sintex Industries Ltd., according to a stock-exchange filing….

Dalal Street Week Ahead: Factors That Will Impact Stock Market

Dalal Street Week Ahead: Factors That Will Impact Stock Market

The stock market is likely under a lot of pressure next week until the severity of the new COVID-19 variant emerges. Check more details in the following section.  People generally get excited when there is a sale around. But, it was a Black Friday sale, traders and investors looked nervous as the Indian equity market…

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

India’s MCap Increases By 2x In 18 Months, Escalates To 3.5 Trillion

The strong bull run revives the stress that investors had in late March when global investors were frightened about the economic setbacks due to the Covid-19 pandemic surging to the market. India’s Market Capitalization jumps over 3.5-trillion—almost double from about 1.3-trillion then in March. Several factors contributed to this record-breaking history in the global market,…