World Food Programme wins Prestigious Nobel Peace Prize 2020

The prestigious Nobel peace prize was awarded to the World Food Programme on Friday. World Food Programme (WFP) has helped millions of people in developing countries, mainly Yemen and North Korea, in times of global lockdown caused by the Covid-19 virus. Nobel Committee Chairwoman Beri Reiss-Andersen admired the effort of the WFP in dealing with … Read more

Donald Trump and Melania tested corona positive; Markets fall down worldwide

U.S. President Donald Trump and his wife Melania Trump have been found to be corona positive. Both of them have quarantined themselves. President Trump and Melania Trump reported their twitter being covid19 positive. Earlier, Trump adviser Hope Hicks was also found to be corona positive. Hicks accompanied him to the first presidential debate in Cleveland … Read more

General Atlantic to invest Rs 3,675 crore in Reliance Retail Venture, third investor

Private equity firm General Atlantic Partners has decided to invest Rs 3,675 crore in Reliance Retail. It will get a 0.84% stake in Reliance Retail. This is the third major investment in Reliance Retail. On Wednesday, Reliance Industries Limited and Reliance Retail Ventures Limited (“RRVL”) announced the investment. Reliance Retail’s pre-money equity in the deal … Read more