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Sunday, August 16, 2020

RIL may buy Urban Ladder, Milkbasket to boost e-tail

Reliance Industries (RIL) is in talks to acquire online furniture brand Urban Ladder and milk delivery platform Milkbasket as it looks to strengthen its e-commerce play, said multiple sources familiar with the matter.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3kRIcpu

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Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Bren...