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Reliance Capital’s total outstanding debt rises to Rs 20,380 crore

Reliance Capital’s total outstanding debt rises to Rs 20,380 crore

Finance
NEW DELHI: Reliance Capital Ltd (RCL), part of Anil Ambani-promoted Reliance Group, has said the total outstanding debt rose to Rs 20,379.71 at the end of December 2020. The total debt, including interest, stood at Rs 19,805.7 crore on August 31, 2020. Total financial indebtedness of the listed entity, including short-term and long-term debt and accrued interest, was Rs 20,379.71 crore at the end of December 2020, Reliance Capital said in a regulatory filing on Thursday. The principal amount due to HDFC Ltd is Rs 523.98 crore and to Axis Bank Rs 100.63 crore, RCL said. The total amount of outstanding borrowings from banks and financial institutions works out to Rs 700.76 crore, including accrued interest up to December 31, the company added. Similarly, another group company Reliance Home F...
Total retail sales bounce back to pre-coronavirus levels

Total retail sales bounce back to pre-coronavirus levels

Business
Overall retail sales have returned to a similar level to before the coronavirus pandemic after two months of increases, official figures show.However, latest data released by the Office for National Statistics (ONS) reveals a mixed picture for different store types. In June, the volume of retail sales increased by 13.9% when compared with the previous month as non-food and fuel stores continued to rally from the sharp falls experienced since the start of the COVID-19 crisis.This was the second consecutive month of strong growth following record declines in March and April.The rises seen in May and June have brought total sales back in line with pre-coronavirus levels, according to the ONS. ...
Fortnite World Cup: Players battle for biggest total prize pool

Fortnite World Cup: Players battle for biggest total prize pool

Technology
Media playback is unsupported on your device The finals of the Fortnite World Cup are taking place in a stadium in New York, with the winner set to earn more prize money than Simona Halep and Novak Djokovic won as Wimbledon champions.Forty million players attempted to qualify over 10 weeks of online competition but only 100 finalists have a shot at winning the $ 3m (£2.4m) prize at Flushing Meadows.With $ 30m to be awarded in total, the prize pool will be the biggest given away at an e-sports event so far - until the annual DOTA 2 tournament in August.All finalists will take home at least $ 50,000 and the runner-up, as well as third and fourth-placed finishers, will all become millionaires. ...
Rare total solar eclipse thrills thousands in South America

Rare total solar eclipse thrills thousands in South America

Technology
By Sharon Marris, news reporter Thousands of people have watched a total solar eclipse as it crossed over Chile and Argentina.The two countries and a small uninhabited South Pacific atoll were the only ones treated to the spectacle on Tuesday evening UK time. Tens of thousands of tourists, astronomers and locals saw the event in person, while many more watched live feeds from around the world.A partial eclipse was visible in some other parts of South America. Image: The total solar eclipse was seen in Chile and Argentina, along with a South Pacific atoll A solar eclipse occurs when the moon passes between the Earth and the sun and blocks the sunlight. ...
Total solar eclipse to cast a shadow on South America on Tuesday

Total solar eclipse to cast a shadow on South America on Tuesday

Science
July 2 (UPI) -- For a few hours on Tuesday, across a small portion of the Southern Hemisphere, the sun will disappear behind the moon. During the total solar eclipse, the moon's shadow will darken parts of the South Pacific, Chile and Argentina. For those who don't live in or can't make it to South America, there will be several online streams of the event. Exploratorium, a San Francisco museum, will offer live telescope views of the eclipse from Chile beginning at 3:00 p.m. ET on its website. The European Southern Observatory's La Silla Observatory in Chile's Atacama Desert will also offer live coverage of the eclipse. At each location, the total solar eclipse will last just under two minutes. Solar eclipses occur when the moon passes in front of the sun. Of course, the moon regularly ...