Thursday, July 2, 2020

Intel-Jio deal: US semiconductor giant to invest Rs 1,894.5 crore in RIL unit

Intel-Jio deal: US semiconductor giant to invest Rs 1,894.5 crore in RIL unit Intel becomes second strategic investor in Jio Platforms after Facebook. Reliance Industries digital unit has now raised a total Rs 117,588.45 crore from some of the world̢۪s leading tech investors in exchange for 25.09 percent.

from Moneycontrol Business News https://ift.tt/38mWWqx

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...