Weekly Insights - September 13, 2020

1) Silver Lake invests $1 billion in Reliance Retail for a 1.75% stake. Reliance Industries Limited has more than 90 subsidiary companies wit ₹13.96 trillion market cap as of September 2020.

2) The Next Big Thing: Asian economies will become larger than the rest of the world in 2020.

3) Top 5: Global Solar PV Developers and Countries.

4) General Motors acquired 11% stake in the American electric truck maker Nikola Corporation.

5) Retail market contribution to FMCG sales: Reliance Retail + Future Retail and Dmart.

6) Facebook poses a major threat to public health. Top 10 official health institutions* and top 10 health misinformation website.

7) Vodafone Idea rebrands itself as 'Vi'

8) Google and Jio will launch 100 million low-cost phones.

9) No government support to thousands of Indian sellers after the ban of the Chinese eCommerce platform. Club Factory suspended millions in Payments to thousands of Indian sellers.

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