It was the biggest contributor in the overall market rally, where the BSE Sensex settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent
On March 3, Supreme Court had adjourned the case between Future Group and Amazon for ten days (till March 15) as the two agreed to the proposal to resolve the dispute through mediation
ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.
Business Standard brings you the top headlines this morning.
Over 250 teachers from BMC schools and other schools across Mumbai were invited to attend the opening show
Jio World Centre, touted to be a global destination, will have a phase-wise opening over the course of the current and the next year
Apart from 5G, the JV will also get into other areas of technology such as cloud infrastructure and hyper-scale data centres
In an unexpected move on Thursday, Amazon counsel suggested at a SC hearing that the two sides negotiate, saying the 'whirlpool' of disputes fought on multiple fronts had been dragging on for too long
Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.
A Reliance unit will invest 16.7 billion rupees ($220.86 million) in new shares of Sanmina's existing Indian entity, giving it a 50.1% stake in the joint venture
'The schedule of the meetings of shareholders and creditors will be intimated in due course of time,' Future Retail said in a stock exchange filing
Shares of Adani Power are likely to be in focus as the company received a favourable verdict from the Supreme Court against power discoms in Rajasthan.
Reliance to rebrand and open majority of 200 stores in next 7 days
Future Retail Ltd suspended most of its online and offline operations as stores remained shut on Sunday, after rival Reliance bid to take over its flagship supermarkets
Reliance Retail has reportedly started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its brand stores
Panacea Biotec may see some action on plans to launch a comprehensive coronavirus vaccine in association with THSTI.
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.
In the ranking of top-10 firms, RIL retained its number one position, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance and Bharti Airtel.
Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to IPL