By Administrator_India Capital sands TOKYO/BOSTON (Reuters) – Asian shares rose toward a more than two-year peak on Thursday, buoyed by sustained global stimulus efforts and hopes of a coronavirus vaccine, but some analysts warned of the risk of a correction lower. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.44%, approaching the highest since […]
By Administrator_India Capital Sands India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for […]
By Administrator_India Capital Sands Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based […]
By Administrator_India Capital Sands India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case. The complaint was filed in February and the Competition Commission of India has kept the identity of the complainant […]
By Administrator_India Capital Sands India’s Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month. General Atlantic will pick up a 1.34% stake in Jio Platforms which […]