Business Deals
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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
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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
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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
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‘Knowing we’re mortal gives us purpose’: Nobel laureate Venki Ramakrishnan on his new book
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‘We are living in perpetual fear’: Prajwal Revanna video leaks spark panic among women in Hassan
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In Amit Shah’s Gandhinagar, three Lok Sabha candidates allege they faced pressure to withdraw
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Why is the 2024 Congress manifesto silent on pushing back against majoritarianism? History has clues
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‘Exhuma’ review: A grave holds secrets to a troubled Korean past
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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
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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.
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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
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Eco India, Episode 259: How future-proof innovations can revolutionize the way we protect nature
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Video: What will it take to bring back peace to Manipur?
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‘Physical building of WhatsApp University’: Satire on viral video of Galgotias University students
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Watch: Meet Sparkles, the new avatar of Boston Dynamics’ robot dog with a special costume
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Watch: Diljit Dosanjh invites young fan on stage, dances with him during his sold-out Vancouver show
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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
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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.
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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
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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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‘Lampan’ trailer: Marathi series is based on Prakash Narayan Sant’s stories
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Watch: ‘Murder in Mahim’ series is based on Jerry Pinto’s crime novel
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‘Women Of My Billion’ review: What happens when women get talking
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‘The Broken News’ S2 review: A competent second round of TV channel rivalry
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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
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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.
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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
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Hockey: Rohit to lead 20-member Indian junior team in five-match tour of Europe
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IPL 2024: Kolkata beat Mumbai in a thriller at Wankhede for the first time in 12 years
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Boxing, Asian U22 & Youth C’ships: Brijesh, Aryan and five other Indians enter finals
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Cricket, ICC rankings: India remain No 1 in ODIs and T20Is, ranked second in Tests
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Watch, ICC Men's T20 World Cup: Sean Paul and Kes combine to create tournament's official anthem