New Delhi, Jan 6 (PTI) Following are the top business stories at 1934 hours: DEL83 BIZ-2NDLD CAB-GREEN ENERGY Cabinet nod for 2nd phase of Green Energy Corridor with Rs 12,000 cr outlay New Delhi: The Union Cabinet on Thursday gave its nod to investing Rs 12,031 crore for laying transmission lines to evacuate electricity generated from renewable power projects in seven states.
DEL75 BIZ-LD RUPEE Rupee dips 4 paise to 74.42 against USD Mumbai: The rupee on Thursday dipped 4 paise to close at 74.42 against the US dollar, tracking the strength of the greenback in the overseas market after hawkish US Fed minutes.
DEL65 BIZ-RELIANCE-LD DUNZO Reliance Retail picks 25.8% stake in Dunzo New Delhi: Reliance Retail has bought a 25.8 per cent stake in Dunzo, India’s leading quick commerce player, for USD 200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business.
DEL58 BIZ-LD STOCKS Sensex, Nifty snap four-day rally as hawkish Fed roils global equities Mumbai: Equity benchmarks lurched lower on Thursday after a four-session winning run, in lockstep with a sharp sell-off in world stocks after minutes of Federal Reserve’s recent meeting indicated faster-than-expected rate hikes.
DEL52 BIZ-GOLD-PRICE Gold tumbles Rs 284; silver plunges Rs 1,292 New Delhi: Gold price in the national capital on Thursday tumbled Rs 284 to Rs 46,700 per 10 grams in tandem with a decline in international precious metal prices, according to HDFC Securities.
DCM17 BIZ-LD RELIANCE-BONDS ISSUE Reliance raises $4 bn in India’s largest-ever foreign currency bonds issue New Delhi: Reliance Industries Ltd, the nation’s most valuable company, on Thursday said it has raised USD 4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity.
DCM16 BIZ-REPORT-BANKS Third wave of COVID-19 to pose risk to asset quality of banks: Report Mumbai: The threat of third wave of COVID-19 poses high risks to banks asset quality, especially the restructured loan book, according to a report by domestic rating agency ICRA. PTI RUJ RUJ
