• Sensex, Nifty inch lower as weak U.S. GDP data, Reliance results weigh

    Sensex, Nifty inch lower as weak U.S. GDP data, Reliance results weigh0

    By Administrator_India Capital Sands Indian shares edged lower in a volatile session on Friday, after disappointing U.S. economic data dragged markets across broader Asia, while a drop in Reliance Industries’ June-quarter revenue also weighed on the sentiment. The NSE Nifty 50 index fell 0.16% to 11,085.45 and the S&P BSE Sensex dropped 0.1% to 37,696.72

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  • Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

    Reliance’s digital unit wins Qualcomm backing in boost to 5G plans0

    By Administrator_India Capital Sands India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for

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