Wednesday, October 14, 2020

Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28% stake sale

"Reliance Retail Ventures Limited, a subsidiary of the company, today received the subscription amount of Rs 5,550 crore from Alyssum Asia Holdings II Pte. Ltd. (a unit of KKR) and allotted 81,348,479 equity shares to KKR," Reliance Industries said in a regulatory filing. https://ift.tt/2H3zbdu

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EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese imports from brands like Shein (Reuters)

Reuters : EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese...