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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‘Change’ over ethnic identity politics: Why MNF lost Mizoram
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‘Wasn’t it obvious?’: Billie Eilish confirms her coming out at Variety’s Hitmakers red carpet event
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Opinion: Crushed in state polls, Congress must make fight against Hindutva its explicit platform
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Manipur: Bodies of 13 Meiteis found in Tengnoupal district after gunfire
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Why KCR lost Telangana – and what it means for state parties
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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: Comedian holds imaginary conservation with atlas and dictionary to recall the good old days
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Cyclone Michaung: Streets, homes and airport flooded, cars washed away, in Chennai
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Watch: Director Zoya Akhtar reveals why she had to change the end of ‘Zindagi Na Milegi Dobara’
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‘Wasn’t it obvious?’: Billie Eilish confirms her coming out at Variety’s Hitmakers red carpet event
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Watch: Schoolboy struggles to leave house as pet cat keeps climbing on his back
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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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‘Mast Mein Rehne Ka’ trailer: Jackie Shroff, Neena Gupta star in slice-of-life comedy
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Start the week with a film: Russian literature and Kangra painting meet in ‘Kasba’
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Vir Das: ‘Humanity without laughter wouldn’t survive very long’
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Watch: ‘House of the Dragon’ season 2 teaser trailer is out
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‘The Boys’ season 4 trailer: Homelander grows in influence as Butcher tries to rally his team
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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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Boxing, Junior World C’Ships: Amisha, Prachi, Hardik win silver; nine more Indians in fight for gold
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India tour of South Africa: Markram to lead hosts in white-ball; Temba Bavuma to captain in Tests
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Commonwealth Games: After Victoria, Gold Coast scraps bid to host 2026 edition
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Pro Kabaddi League: Tamil Thalaivas thump Dabang Delhi KC; Gujarat Giants edge past Bengaluru Bulls
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Watch, highlights ISL 2023-24: Borges on target as FC Goa pip Kerala Blasters to top league table