Saturday, February 29, 2020

Reliance Industries picks up 37.7% stake in Alok Industries

Reliance Industries picks up 37.7% stake in Alok Industries Reliance had jointly with JM Financial Asset Reconstruction Co Ltd bid for acquiring Alok Industries that was auctioned under the insolvency and bankruptcy law by lenders to recover their unpaid loans.

from Moneycontrol Business News https://ift.tt/2TabjIU

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Asian shares start cautiously, dollar edges down

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