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Tuesday, December 24, 2024 | 08:45 AM ISTEN Hindi

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News digest: Sun Pharma stock dips, RIL to take on Amazon, and more

A number of marquee global stressed asset firms are making a dash for India, but dragging their feet at the finish line

Sun Pharma
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FILE PHOTO: A bird flies past the logo of Sun Pharma installed on the facade of its corporate office in Mumbai | Photo: Reuters

BS Web Team
Sun Pharma moves Sebi as stock dips on fresh whistle-blower allegations

The shares of Sun Pharmaceutical Industries plunged 8.52 per cent to a six-year low on Friday, wiping out Rs 8,735 crore from its market valuation amid reports of a new whistle-blower complaint against the country's largest drugmaker. Read more

Mukesh Ambani to take on Amazon

Reliance Industries (RIL) is ready to unleash its e-commerce dark horse to take on the likes of Amazon India and Walmart-owned Flipkart. Chairman and Managing Director Mukesh Ambani on Friday said Reliance Retail and Reliance Jio Infocomm were set to jointly launch their new e-commerce

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