Reliance Industries (RIL) on Thursday said Abu-Dhabi-based sovereign fund Mubadala would invest Rs 6,247.5 crore into subsidiary Reliance Retail for a 1.4 per cent stake.

This is the fifth deal to be announced by the Mukesh-Ambani-led firm in three weeks, stepping up its stake sale process that has seen marquee investors back the firm so far. The valuation of the firm, however, remains at Rs 4.2 trillion, a worrying sign, said sector experts.

TVS Supply Chain Solutions, earlier known as TVS Logistics Services, is looking to launch a new warehousing venture, said a source in the know, with an investment of $150 million (Rs 1,100 crore).

The UK government’s investment arm CDC is pumping in $50 million (Rs 369 crore), said sources. The venture is expected to be launched this month.

There is a new update in Sushant Singh Rajput's death case with every passing moment. The latest that DNA has got its hands on, is from Sushant Singh Rajput's friend Sunil Shukla. Making bold claims, Shukla said that Rhea Chakraborty is connected to the Shiv Sena. He has also demanded an interrogation into the same.

According to Sunil, Rhea Chakraborty wanted to buy a plot near Lonavala's Pawana farmhouse.

The Gautam Buddh Nagar Police have lodged an FIR against 203 Congress leaders including former Congress president Rahul Gandhi and national general secretary Priyanka Gandhi on Thursday for violation of Section 144.

The FIR has been lodged at the Ecotech Forest Police station in Greater Noida.

In signs of a revival of economic activity, the gross GST revenue collected in the month of September rose sequentially to Rs 95,480 crore from August's collection, a statement from Union Finance Ministry said on Thursday. The collection is the highest since the lockdown.

In August, the gross GST collection stood at Rs 86,449 crore.

President Ram Nath Kovind and Prime Minister Narendra Modi on Friday visited Raj Ghat and paid homage to the father of the nation, Mahatma Gandhi on his birth anniversary.

Earlier today, Prime Minister Modi tweeted on the occasion of the 151st birth anniversary adding that there is much to learn from his life and noble thoughts.

Head-scratching perplexity about U.S. democracy in Australia and Denmark. Disdain for chaos and insults between America's presidential contenders in a Chinese Communist Party tabloid.

A European market watcher's warning of a credibility deficit in U.S. politics amid fears that a long tradition of peaceful, amicable transfer of power could be in jeopardy.

Gold prices today climbed to Rs 53,670 from Rs 53,350 per 10 gm, while silver was trending at Rs 61,000 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

In a major development, the DNA samples of three people killed in an alleged fake encounter with the Army in the Shopian district of Jammu and Kashmir in July has matched with that of their families. Inspector General of Police, kashmir, Vijay kumar said: Since DNA samples matched with family, three dead bodies will be exhumed and handed over to families after due process of law.

Shares of multiplex operators like Inox Leisure and PVR rallied up to 17 per cent on the BSE on Thursday after the government allowed reopening of cinemas, theatres and multiplexes from October 15.

The central government has permitted reopening of cinemas from October 15 with up to 50 per cent of seating capacity outside containment zones adhering to the Standard Operating Procedure (SOP), which will be issued by the I&B Ministry.

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