Here are the top stocks to track in today s session:
Bharti Airtel: Department of Telecom (DoT) in an SC affidavit said it is planning to slap Videocon Telecommunications Ltd s adjusted gross revenue (AGR) dues of Rs 1,376 crore on Bharti Airtel. However, Airtel has questioned the legal validity of the demand.
Srei Infrastructure Finance: Its subsidiary Srei Equipment Finance said it had received an expression of interest for up to $250 million capital infusion in the company from international PE funds.
Zensar Technologies: The company has entered into a global strategic partnership with US-based Claimatic. This new, innovative partnership leverages the respective strengths of Claimatic and Zensar to create compelling value for both companies and their mutual clients, the company in its BSE filing said.
Amazon moves SC for stay on Delhi HC order till verdict on Future-Reliance deal dispute india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india.com Daily Mail and Mail on Sunday newspapers.
Updated Apr 08, 2021 | 20:34 IST
On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance. Amazon moves SC for stay on Delhi HC order on Future-Reliance deal | Photo Credit: BCCL
New Delhi: Amazon has moved the Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries. Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal , random , inequitable and unfair .
Amazon has moved the Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries. Amazon, in the petition, sought a stay on the March 22 order of the division bench, terming it illegal , random , inequitable and unfair . On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance.
Amazon has now moved the Supreme Court and challenged the March 22 order, requesting a stay till a final outcome of its earlier plea related to the deal.
Amazon moves SC for stay on Delhi HC order till verdict on Future-Reliance deal dispute
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Last Updated: Apr 08, 2021, 08:01 PM IST
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Synopsis
On March 22, a division bench of the Delhi High Court had granted Future a reprieve from a March 18 single-judge order that restrained it from taking any steps to sell assets to Reliance.
Amazon had invested in Future Coupons in August 2019 with an option of buying into the flagship Future Retail after a period of three to 10 years.
Amazon has moved the Supreme Court challenging the Delhi High Court s division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to