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Wednesday, April 13, 2022

'Future's shareholders' meet to approve RIL deal is illegal'

Amazon has written to Big Bazaar-parent Future Retail alleging that the upcoming meetings of its shareholders and creditors for the approval of the retailer’s proposed Rs 24,700-crore deal with Reliance Retail is “illegal”.

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

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Nvidia loses nearly $600 billion in value as Chinese AI firm jolts tech shares

In a significant shake-up of the tech industry, Nvidia's shares dropped by nearly 17% after a new Chinese generative AI model by DeepSee...