SEBI Approves Reliance-Future Retail Deal

SEBI Approves Reliance-Future Retail Deal

Indian regulator Securities and Exchange Board of India (SEBI) approved Reliance Retail’s (RRVL) acquisition of Future Retail on Wednesday after Amazon had earlier requested SEBI not to okay the deal. Indian stock exchange BSE granted a ‘no adverse observation’ report...
Delhi International Airport Downgraded to BB by Fitch

Delhi International Airport Downgraded to BB by Fitch

Delhi International Airport Limited (DIAL) had been downgraded by Fitch to BB from BB+ while maintaining a negative outlook. The downgrade of India’s largest airport comes on the back of low traffic volume in 2020 due to the pandemic and a prolonged recovery...
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