Reliance Industries - Private equity player Silver Lake will be investing Rs 7,500 crore into Reliance Retail, a subsidiary of the company of 1.75% stake. The investment values Reliance Retail at a pre-money equity value of Rs 4.21lakh crore. KKR & Co. is in advanced talks to invest at least $1 billion in the retail business.Brent Crude- Brent crude break below $40 a barrel follows two months of the global oil benchmark holding mainly between $42 and $45 a barrel. The coronavirus pandemic is still raging and Bank of America Merrill Lynch said it would take three years for global oil demand to recover from Covid-19. The market expectation that the weak global economy may slow down oil demand. #MOMarketUpdates#MotilalOswal#reliance#IndianStockMarket#NSE#BSE#crudeoil
Posted On:09 Sep 2020 5:26 PM
Fear of the second wave of Coronavirus drags the Oil over 14%....
Motilal Oswal Motilal Oswal Near me Motilal Oswal mutual fund office near me Best Stock broker near me Mutual funds IPO investment Equity trading Online share trading BSE sensex Portfolio management services Investment bonds Best SIP plans Best mutual funds for SIP Commodity market Currency market Open demat account Online trading account Open trading account Investment bonds Financial advisory services Stock broker in Avinashi Road Best Portfolio managements services in Avinashi Road