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India's Reliance Industries Ltd has bought a majority stake in online pharmacy Netmeds for 6.2 billion rupees ($83 million), facing up to Amazon.com in the competition for the country's fast-expanding online drug market.

Indian shares rose on Wednesday, tracking a surge in Asian equities, as state-owned banks advanced the most and Reliance Industries gained after taking a majority stake in licensed e-pharma portal Netmeds.

Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.

Continuing an impressive recovery from being depressed early in the coronavius pandemic, the S&P 500 index hit a new record high on Tuesday. The benchmark stock index recorded a 0.2% increase on the day to land at just under 3,390. 

After standing on the threshold for almost a week, the S&P 500 Index (SNPINDEX: ^GSPC) is back at an all-time high. The index closed at 3389.78 on Aug. 18, up 7.8 points and surpassing the prior high, reached on Feb. 19. This marks the quickest bear-market recovery in hist

Well, that was quick! The S&P 500's record closing high on Tuesday confirmed that the coronavirus-fueled bear market of 2020 was by far the shortest ever.

Warren Buffett-led conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) recently released its latest snapshot of its stock portfolio, and to say that the second quarter was an active one would be an understatement. In this episode of Industry Focus: Financials, host Jason

The S&P 500 index closed at an all-time high on Tuesday, completing its recovery from the stock market crash after the onset of the coronavirus crisis in February.

The S&P 500 closed at a record high on Tuesday, rebounding from huge losses triggered by the coronavirus pandemic and crowning one of the most dramatic recoveries in the index's history.

Has Wall Street missed the news that we are in a pandemic? The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill - yet the U.S. stock market just closed at a record high.

Brazilian retailer Magazine Luiza SA is open to "all kinds" of acquisitions including supermarkets, its chief executive said on Tuesday, pointing to a sector that has seen robust growth during quarantine measures.

The S&P 500 closed at a record high on Tuesday, rebounding from huge losses triggered by the coronavirus pandemic and crowning one of the most dramatic recoveries in the index's history.

Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amazon.com Inc (Symbol: AMZN), where a total volume of 300,226 contracts has been traded thus far today, a contract volume which is representative of approxima

Global equities edged higher and the dollar fell to two-year lows on Tuesday as the broad U.S. stock market scaled new peaks helped by better-than-expected corporate earnings by retailers such as Walmart reporting record online sales.

In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser and Ron Gross about the latest headlines from Wall Street. They discuss the future of malls, new phone releases, hotel occupancies, the app marketplace, digital payments, and ridesharing

The S&P 500 climbed to a record on Tuesday, surpassing a level hit in February before the coronavirus crisis and crowning one of the most dramatic recoveries in the index's history.

Here’s a look at how these GHG emissions are at the country level and how are corporates are committing to lower their carbon footprint.

The S&P 500 hit a record high on Tuesday, surpassing levels last seen before the onset of the coronavirus crisis in February, ending one of the most dramatic plunges in history with an equally historic recovery.

Eros STX Global (NYSE: EROS) says Bollywood is booming, which will help it realize 50% growth in monthly paying subscribers to its Eros Now over-the-top (OTT) streaming platform and generate $1 billion annually in revenue by the end of 2022.