Parag Parikh Flexicap Fund Sep-2021 update #PPFCF

New Buy
1 - #powergrid
2 - #MOFSL

Increased stake in #Bajajholding #icicibank #heromotocorp #ITC #Axisbank #alphabet #Amazon #Facebook #Microsoft

Decreased stake in #Persistentsystem #Mphasis

#Amazon-Future Case: SC Observes
▶️Don't see how we can allow Future Grp to proceed at this stage
▶️Future Group taking its own sweet time, going ahead with arbitration
▶️Alert- Future seeks SC nod to proceed with seeking shrhldr, creditor nod for FRL deal

#FUTURE RETAIL'S INDEPENDENT DIRECTORS WRITE SECOND LETTER TO CCI: Allege records show rep made by #Amazon in CCI application completely contradictor their own internal correspondences as submitted before courts.

#Amazon approached #FutureGroup to withdraw complaint before CCI after allegations of #FDI, FEMA violation

#amazon

Indian shares fell on Monday as a surge in global #OmicronCOVID19 cases threatened to roil economic recovery, while shares of #FutureGroup companies jumped after the country's antitrust agency suspended its deal with #Amazon.

Amazon moves Delhi HC against Enforcement Directorate over ongoing investigation into 2019 Future Coupons deal

Amazon seeks to understand jurisprudence of ED investigation

#Amazon is objecting to ED seeking documents dating prior to its investment into #FutureGroup

Facebook founder #MarkZuckerberg lost $29 billion in net worth, as #Meta Platforms Inc's stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after #Amazon's blockbuster earnings.

#Amazon extends an olive branch to Future Group in a bid to resolve their dispute. Future Group says it's ready to negotiate along with #Reliance industries. SC welcomes the development and allows time till March 15 to explore a settlement.

#NCLT admits BoI petition to initiate insolvency proceedings against #FutureRetail

#Amazon's intervention application dismissed in Future Retail case

Alert: Bank of India moved NCLT to seek insolvency proceedings against FRL in April

$1,000 invested 10 years ago:

#Bitcoin: $3,535,000
#Tesla: $162,000
#Netflix: $27,700
#Amazon: $11,565
#Microsoft: $9,525
#Google: $7,275
#Apple: $7,450
#Meta: $7,330
#Visa: $6,570
#Costco: $5,630
#Nike: $4,925
#Starbucks: $3,745
#McDonalds: $2,950

Amazon to shut food delivery service from Dec 29

Writes to restaurant partners on discontinuing service

#Amazon tells restaurants it's committed to meet all payments & contractual obligations

Amazon started #fooddelivery as a pilot in Bangalore in 2020

#Netflix, #Disney, & #Amazon to challenge India’s #Tobacco rules for #streaming: Reuters

#Amazon reports biggest profit beat in ten quarters, issues optimistic guidance

https://t.co/iCvsKAfaFg

#Nvidia's current #valuation post a stellar rally - Triple of #Tesla, double of #Amazon

https://t.co/kPZsHTOzgk

#Amazon is rolling out its first buy now, pay later checkout option for the millions of small business owners that use its online store

#Tesla plans wants to beat #Google & #Amazon as one of the biggest #Nvidia customers

#Nvidia’s unprecedented success streak persists, solidifying its position as the world’s third-largest company. It’s steadily bridging the gap with tech giants #Apple & #Microsoft

#Nvidia’s market capitalisation has skyrocketed, quadrupling in just a year & surpassing the $2.5 trillion mark for the first time

#Nvidia’s market value now exceeds the combined worth of #Tesla & #Amazon

#Amazon market capitalisation crosses $2 trillion as AI frenzy fuels rally

From Reuters | India probe finds #Amazon, #Walmart's #Flipkart breached antitrust laws

#Amazon’s 25 -year veteran #SamirKumar will oversee #Amazon'sIndia consumer business as Manish Tiwary, current Country Manager for Amazon India, has decided to explore an opportunity outside Amazon