Market Today

1. HUL seeks injunction against Emami's threat on its trademark 'Glow and Handsome'

Hindutsan Unilever Ltd (HUL) rebranding and renaming of its popular product 'Fair & Lovely' and 'Men's fair & lovely' has landed in the Bombay High Court.

2. We must aim to achieve industry leading growth: Wipro CEO Thierry Delaporte wrote to staff

“Despite the immediate challenges, I have no doubt that we will emerge stronger. We must strive for improvement in all spheres and aim to achieve industry leading growth,” Delaporte wrote to employees.

3. IOC, ONGC, other PSUs implementing projects worth Rs 3.57 lakh crore: Petroleum Ministry

The Ministry of Petroleum and Natural Gas said out of Rs 3.57 lakh crore being spent on 859 projects, over Rs 60,000 crore will be invested during fiscal 2020-21.

4. Uber to buy Postmates in $2.65 billion all-stock deal

Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement. Postmates was last valued at $2.4 billion, when it raised $225 million in a private fundraising.

5. Reliance Industries becomes 1st Indian firm to cross ₹11.5 trillion m-cap mark

The company's market valuation rose by ₹40,508.8 crore to ₹11,73,677.35 crore at close of trade. The stock jumped 3.57% to close at ₹1,851.40 on the BSE. During the day, it rose by 3.94% to a record high of ₹1,858.