Business Acquisition
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Adani Group to acquire Holcim’s stakes in Ambuja, ACC for Rs 81,500 crore
The group will become the second-largest player in the cement sector after the Aditya Birla Group’s UltraTech Cement.
Scroll Staff
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Reliance cancels its Rs 24,713-crore deal with Future Group
Secured creditors of Future Group voted against the scheme of arrangement with Reliance.
Scroll Staff
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How Byju’s became the world’s biggest ed-tech company during the Covid-19 pandemic
In the last year, the Indian unicorn has made a slew of buyouts that have helped it strengthen its core offerings.
Ananya Bhattacharya, qz.com
Trending
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Why is BJP wooing Bengali-origin Muslims in Assam?
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By mixing Carnatic and Hindustani, Mysore’s kings helped create a unique body of music
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‘My son lost his job during demonetisation but at least it removed black money’
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The Assam voter who no longer supports the BJP because of the CAA
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The real reason why Modi says what he does – Hindu India accepts it
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Cleartrip won’t be the only victim of the Covid-19-triggered economic slump in the travel sector
The entire online travel and ticketing sector is in the doldrums.
Ananya Bhattacharya, qz.com
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SEBI approves Reliance-Future Group’s Rs 24,000-crore deal
Under the agreement, the Future Group will sell its wholesale, logistics, retail, and warehouse businesses to Ambani’s company.
Scroll Staff
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Just when Indian startups were struggling for funds, Reliance jumped into the acquisition game
Reliance Retail Ventures recently acquired 96% stake in online furniture portal Urban Ladder for Rs 182.12 crore.
Niharika Sharma, qz.com
Video
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Watch: K-Pop singer Aoora sings in Assamese as he collaborates with Nilotpal Bora in a new folk song
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Watch Anu Malik and Sonu Nigam’s impromptu performance of ‘Main Hoon Na’ at Farah Khan’s home
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Watch: Doordarshan newsreader faints on live TV in Kolkata owing to severe heat
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Watch: Spice Girls sing ‘Stop’ as bandmates reunite to celebrate Victoria Beckham’s 50th birthday
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Watch: Over 350 ballerinas come together to break the world record for standing on tip toes
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Delhi HC seeks Amazon reply on Future Retail plea to stop it from interfering in Reliance deal
The court has asked Amazon, Future Coupons and Reliance Retail to file their written statements in 30 days.
Scroll Staff
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Reliance Industries to acquire Future Group’s retail business for Rs 24,713 crore
Reliance Retail will now have access to close to 1,800 outlets of Future Group’s Big Bazaar, Central, and Foodhall, which are spread across 420 cities.
Scroll Staff
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Reliance Retail buys majority stake in online pharmacy Netmeds for Rs 620 crore
The oil-to-telecoms conglomerate said its investment represents 60% holding in Vitalic Health Private Limited and 100% direct ownership of its subsidiaries.
Scroll Staff
The Reel
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The story behind the ‘Kuch Kuch Hota Hai’ title track: ‘Just write very simple poetry’
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‘Juna Furniture’ review: A simplistic crusade against the neglect of senior citizens
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‘Late Night with the Devil’ review: A deft satire on the price of success
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Watch: In ‘The Big Cigar’, the Black Panther founder flees America through a fake movie
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‘Dil Dosti Dilemma’ review: A feelgood entertainer about young love and old ties
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Reliance Brands acquires 260-year-old British toy retailer Hamleys
This is the first time the Mukesh Ambani-owned company has acquired an overseas retail brand.
Scroll Staff
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How L&T’s bid for a hostile takeover of Mindtree became all about theatrics and emotion
There was talk of ‘pyaar’ and ‘dil’ by L&T and a comparison to #MeToo by Mindtree.
Durba Ghosh, qz.com
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Walt Disney seals $71 billion deal to acquire Rupert Murdoch’s 21st Century Fox
On Tuesday, Disney also completed the separation of assets of the mass media firm.
Scroll Staff
The Field
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Athletics, Asian U20 C’ships: India wins nine medals including four gold on Day 2
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Badminton, Thomas and Uber Cup 2024: Two years on, Indian men’s team hope to defend crown jewel
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IPL 2024: Royal Challengers Bengaluru end losing run with convincing win over Sunrisers Hyderabad
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Archery, World Cup Stage I: Men’s recurve team reach final; Priyansh, Vennam in compound semis
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Watch, highlights ISL 2023-24: Mumbai City win dramatic semi-final first leg against FC Goa