Business Deals
-
Foxconn withdraws from Rs 1.5 lakh crore venture with Vedanta to make semiconductors in Gujarat
The Taiwanese manufacturing firm signed a pact last year with the metals-to-oil conglomerate in a bid to tap into India’s plans to become an electronics major.
Scroll Staff
-
AirAsia sells remaining 16.33% stake to Air India
Tata Sons, which owns Air India, already had an 83.67% stake in AirAsia India.
Scroll Staff
-
Adani Group acquires Ambuja and ACC to become India’s second-largest cement maker
The group acquired Switzerland-based Holcim’s 63.1% stake in Ambuja Cements and 54.5% holding in ACC Limited.
Scroll Staff
Trending
-
Seven firms that failed drug quality test gave money to political parties through electoral bonds
-
Why did a Union minister say he would apply for Indian citizenship under CAA?
-
Why the exodus from Bhutan of young people and qualified workers is a worry for India
-
Electoral bonds: What we know so far, what we will know soon – and what we may never know
-
India’s latest GDP growth numbers are ‘mystifying’, says former chief economic advisor
-
Future Group-Amazon dispute: SC stays proceedings before Delhi High Court
Amazon has challenged Future’s Group’s Rs 24,713-crore deal with Reliance Retail.
Scroll Staff
-
Amazon wins case in Supreme Court against Reliance-Future Retail merger deal
The court said a Singapore arbitration panel’s decision to restrain Future Retail from going ahead with its deal with Reliance Retail was enforceable in India.
Scroll Staff
-
Delhi HC stays order restraining Future Group’s deal with Reliance
Last week, a single-judge bench had restrained the Rs 24,713 crore deal and ordered attachment of properties of Future Group chief Kishore Biyani and others.
Scroll Staff
Video
-
Caught on camera: Container ship hits and knocks down gantry cranes while docking at a Turkey port
-
Watch: Temple in Kochi gets a mechanical elephant to perform prayer rituals
-
Watch: Srinagar hosts Formula 4 car show on the roads around Dal Lake
-
Watch: Scenes of damage after four coaches of a Sabarmati-Agra train were derailed in Ajmer
-
Adorable animals: Playful elephant calf keeps stopping cleaner from raking leaves
-
Delhi HC restrains Future Retail from going ahead with Rs 24.71 crore deal with Reliance
It also imposed a penalty of Rs 20 lakh on Future Group, and asked its owner, Kishore Biyani, to appear before the court in April.
Scroll Staff
-
Reliance acquires majority stake in furniture retailer Urban Ladder for Rs 182 crore
Reliance Retail has proposed to further invest up to Rs 75 crore, which may be done by December 2023.
Scroll Staff
-
With or without the Future Group deal, Reliance is ahead of Amazon in India’s retail industry
The tech giant has won an interim order against Reliance’s bid to buy the retail business of Future Group.
Niharika Sharma, qz.com
The Reel
-
‘Adrishyam’ trailer: Eijaz Khan and Divyanka Tripathi Dahiya play undercover agents
-
Prithviraj Sukumaran on what makes ‘The Goat Life’ special: ‘A deeply meditative character study’
-
Start the week with a film: A riveting game of mind control in ‘The Manchurian Candidate’
-
‘Crew’ trailer: Tabu, Kareena Kapoor Khan and Kriti Sanon play stewardesses involved in smuggling
-
‘I wanted to land this film correctly’: Why actor Kunal Kemmu chose to direct ‘Madgaon Express’
-
Abu Dhabi Investment Authority’s subsidiary to invest Rs 5,512 crore in Reliance Retail
ADIA will thus acquire a 1.2% stake in Reliance Retail Ventures Limited.
Scroll Staff
-
Reliance Industries continues investment spree, to raise Rs 7,350 crore from two investors
The company said in an exchange filing that through two separate deals, it will sell 1.63% stake in its retail arm Reliance Retail Ventures Limited.
Scroll Staff
-
Silver Lake Partners to invest Rs 7,500 crore in Reliance Retail for 1.75% stake
This is the second billion-dollar investment by Silver Lake in Reliance Retail after it picked up a 2.08% stake for $1.35 billion investment in Jio Platforms.
Scroll Staff
The Field
-
Wrestling: IOA dissolves ad-hoc committee; elected body to take charge of national federation
-
Hockey: Harmanpreet Singh to lead 27-member Indian squad for Australia tour
-
IWL 2023-24: Odisha FC inch closer to title with win over East Bengal
-
WPL 2024: Royal Challengers Bangalore deliver lesson on making comebacks to win first title
-
Watch, WPL 2024: Champions Royal Challengers Bangalore celebrate as they clinch first title