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Data centers: A shining star in the property sector

Last of two parts Aside from a big number of internet users, strong social media and e-commerce adoption, the Philippines government’s strong support to cloud computing has ensured that the country will be another option for investors to invest in data centers. As more companies digitize and turn to cloud… ....

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SoftBank picks Swiggy over Zomato, to infuse $450 million at $5 billion value

The investment is likely to value the Bengaluru-based startup at a little over $5 billion. It would be an extension of the $800-million Swiggy raised earlier this month. ....

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Future Retail vs Amazon | Future Retail writes to Sebi, asks to expedite review of deal with Reliance Retail quickly

Updated Dec 29, 2020 | 18:12 IST
Kishore Biyani-led Future Retail has reportedly written a letter to Sebi citing the Delhi HC ruling that the retail company s board decision to allow the merger of listed entities and sell retail assets to RIL
Future Retail writes to Sebi, asks to expedite review of deal with Reliance Retail quickly. | Photo Credit: BCCL
New Delhi: Kishore Biyani-led Future Retail Ltd (FRL) has asked the Securities and Exchange Board of India (Sebi) to review and give the green signal to its deal with Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd (RIL) as soon as possible. The retail firm has reportedly written a letter to the market regulator citing the Delhi High Court judgment that the FRL board’s decision to allow the merger of listed entities and sell retail assets to Mukesh Ambani-controlled RIL was valid under Indian law. ....

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