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Retail investment in Indian companies at 11-year high
According to the data given by SEBI, over 3.4 million new Demat accounts have been opened by the investors in the September quarter. While 1.3 million of these accounts have been opened in the September month only.
Aditya Birla Fashion rallies 14% on Flipkart investment
Aditya Birla Fashion Retail Ltd. (ABFRL) on Friday witnessed a rally of 14% on the announcement of Flipkart and Amazon investing in the Indian entity.
Flipkart to invest Rs 1500 crore to buy 7.8% stake in Aditya Birla Fashion
Aditya Birla Fashion has successfully convinced E-commerce giant Flipkart for buying a 7.8% stake in the company for 1500 crore at a price of Rs 205 per share.
Amazon and Flipkart in talks with Aditya Birla Fashion and Retail Ltd. to make an Investment Plan
Aditya Birla Fashion and Retail Ltd.(ABFRL) is in talks with E-commerce giants, Amazon, and Flipkart seeking potential investment. The company is suffering from the adverse financial effect of COVID-19 and is been in the market to seek investments.
Flipkart to launch an overseas IPO
The choice for the launch is between Singapore and the United States
Amazon and Filpkart to be fined for excessive use of Plastics
Central Pollution Control Board (CPCB) to conduct an environmental audit and book Amazon and Flipkart for any violations
Flipkart launches Flipkart Wholesale, entering B2B sector
According to a press release by Flipkart, " (Flipkart)Acquires a 100% interest in Walmart India, which operates the Best Price cash-and-carry business to strengthen capabilities and business-to-business service offering.
Flipkart invests Rs 260 Crores for minority stake in Arvind Youth Brands
Flipkart Group invests Rs 260 Crores for minority stake in Arvind Youth Brands . On Thursday, the Flipkart E-commerce company reported the investment.
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