ADIA to invest in Reliance Jio, Sensex Nifty open higher after global cues | Top Business News
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Here are the top headlines from the business side today: 1. Markets are off to a flying start this week on the back of strong global cues and optimism over economic revival. Both Nifty & Sensex are gaining nearly much more than half per cent and banks are leading the front. 2. The New CII President Uday Kotak says that it is time to scale up investments to usher in growth and also expresses optimism for rapid revival over the next 6-9 months. 3. SBI Chairman Rajnish Kumar sounds confident about keeping bad loans under check says that the Moratorium will not impact credit culture. Meanwhile, L&T CEO SN Subrahmanyan says that the momentum will return in the next 1-2 months. 4. Remarkable rally for IndusInd Bank shares skyrockets over 9%, as markets cheer the promoters decision to acquire additional shares from the market. 5. Mukesh Ambani led telecom Reliance Jio scores its 8th cheque from ADIA in 7 weeks. The Abu Dhabi Investment Authority has nearly invested ₹6000 crores for a stake of over 1%. 6. Titan is shining away ahead on the Q4 earnings as COVID is expected to take the sheen off jewellery sales. The eyewear sector will too turn out to be washout amid disruptions. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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