News digest: Bullet train, Shriram group, corporate earnings, and more

Based on the current alignment, of the total 508.17 km track between Mumbai and Ahmedabad, around 21 km will be underground in Maharashtra

Reliance Industries chalks out inventory road map for e-commerce space

A late entrant into the e-commerce space, Reliance Industries (RIL) is working overtime to compete with market majors such as Amazon and Flipkart. Read more

Shriram group may merge two of its listed non-banking finance companies

Shriram group, the Rs 1,000-billion 

financial conglomerate, may consider merging two of its listed non-banking finance companies — Shriram Transport Finance Company (STFC) and Shriram City Union Finance (SCUF) — to pave the way for listing Shriram Capital, the holding company of the group’s financial businesses.