NEW DELHI: Domestic equity markets are likely to open on a positive note on Friday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. The two parties will work on the share swap ratio, due diligence and other details with of the merger in the next 30 days.Future Group has acquired HyperCity chain of hypermarkets from Shoppers Stop for Rs 655 crore, the country’s top retailer said on Thursday. Besides, raising up to Rs 300 crore by way of Rights Issue of equity shares with or without warrants. 21.25 crore.Radio City, a part of Music Broadcast, announced the launch of its new age web platform radiocity.in Hindi, becoming the only radio network in India to offer an exclusive Hindi website. Radio City was the first radio network In India to take the digital route with the launch of radiocity.in.

Source: Economic Times October 06, 2017 02:35 UTC