Corporates

RIL Q2 Earnings: RIL shares ended at Rs 1,149.80, down Rs 13.85 or 1.19 per cent, on the BSE (Bombay Stock Exchange).

The company sold about 2.1 million two-wheelers in the September quarter, compared with 2 million in the same period a year earlier.

In May, Walmart acquired Flipkart for $16 billion, its largest-ever deal, in order to compete with Amazon.com Inc in an important growth market.

Infosys Q2 Earnings: Infosys declared an interim dividend of Rs 7 per share, which will be paid on October 30, it said in a statement.

The government replaced the entire IL&FS board earlier this month after defaults on some of its debt triggered sharp falls in stock and debt markets.

The government replaced the IL&FS board this month and has said it will consider all available options to revive the company.

Shares in United Breweries (UB), known for its Kingfisher brand, closed down 1.3 per cent in Mumbai, as the broader market rose 2.3 per cent on Friday.

After its first meeting last week, the newly constituted IL&FS board, said that it would consider all available options to revive the firm.

Revenue from the company's biggest revenue stream BFSI, rose 19.8% to Rs 14,648 crore, the Mumbai-headquartered company said in a statement today.

Revenue stood at Rs 36,854 crore for the second quarter of the financial year, up 20.7 per cent compared to the corresponding period a year ago.

Three promoters of the beleaguered Amrapali Group will be kept at a Noida hotel under police surveillance for 15 days.

The Supreme Court on Wednesday ordered sealing of nine properties where the documents related to 46 group companies were kept.

AirAsia India airline is a joint venture between Tata Sons and Malaysia's AirAsia Berhad.

Reliance Jio also announced a cashback of Rs 200 on purchase of the JioPhone 2 device in the sale using digital wallet Paytm. Thursday's flash sale of JioPhone 2 marks the sixth such sale since the launch of JioPhone 2 in August.

Under this sale, Amazon is offering discounts on smartphones, electronic devices, kitchen products, daily essentials, garments, among others.