Market Today

1. After Facebook and Silver Lake, General Atlantic too is looking to invest in Reliance Jio

The private equity firm is considering investing about $850 million to $950 million in the Mumbai-based company, the people said, asking not to be identified because the information is private.

2. Adani Transmission Q4 net dips 60 per cent on one-time write-off; FY21 margins protected

Adani Transmission Ltd’s (ATL) net profit in January-March at Rs 58.97 crore was 60 per cent lower than Rs 146.7 crore net profit in the same quarter last year, the company said in a statement.

3. HDFC AMC Q4 results: PAT falls 10% YoY to Rs 250 crore; firm announces dividend of Rs 28 per share

The company's total income declined 17.90 per cent YoY to Rs 449.62 crore in the January-March quarter from Rs 547.67 crore in the same period last year.

4. Tanishq To Re-Open First 50 Stores

Tanishq, a jewellery brand owned by Titan Co., plans to restart operations across the country in a phased manner, beginning with 50 stores.

5. Cellphone producers begin off with 30% employees, and plenty of distance

Cellphone Corporations, reminiscent of Samsung, Lava, Oppo and Vivo, working out of UP’s Gautam Budh Nagar district, have resumed operations