Reliance Retail buys controlling stake in Just Dial for Rs 5.7k crore
Sharpening its e-commerce play, Reliance Retail Ventures Ltd (RRVL) is acquiring a controlling stake in 25-year-old search engine platform Just Dial for Rs 5,719 crore. RRVL will acquire 25.33 per cent in Just Dial through a preferential allotment at Rs 1,022.25 per share and take another 15.62 per cent from its founder VSS Mani at Rs 1,020 per share. Read more
In a breather to telcos, DoT may lighten debt burden by relaxing timelines
The government has decided to initiate consultations on relief measures
In a breather to telcos, DoT may lighten debt burden by relaxing timelines
The government has decided to initiate consultations on relief measures