Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
Global investment firm KKR will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd for a 0.25 per cent additional stake of the retailer at a valuation of about Rs 8.36 lakh crore, Reliance Industries Ltd said on Monday. After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per cent. The investment is at "a pre-money equity value of Rs 8.361 lakh crore (around $100.87 billion)", said a joint statement.
Indian billionaires Mukesh Ambani and Anand Mahindra, Apple CEO Tim Cook and corporate leader Indira Nooyi were among the guests. CEOs of Google, Microsoft and Adobe -- Sunder Pichai, Satya Nadella and Shantanu Narayen -- also attended the event.
'This is the real purpose behind the arrest, and it is not about controlling corruption.' 'It is like taking Amit Shah into custody before the 2024 elections.' 'How will it affect the BJP's election machinery?'
Brook finally delivers on hefty price tag with first century of IPL season
New Zealand spinner Mitchell Santner feels assessing the conditions in Dharamsala and countering an in-form Rohit Sharma will be vital as they eye the "tough" task of beating India at home during their World cup clash on Sunday.
After new-age tech companies reported better-than-expected June quarter (Q1FY23) results, analysts said it will be a long road to recovery for their respective businesses and the stock prices. Moreover, brokerages differ on whether it is the right time to own these stocks. The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115, translating into an upside of around 9 - 109 per cent from the current levels. The company's gross order value (GOV) of food delivery jumped 10 per cent quarter-on-quarter (QoQ) and 42 per cent year-on-year (YoY) in Q1, aided largely by growth in volume, and mild growth in average order value (AOV) at 1-2 per cent. The company also broke even on an adjusted Ebitda basis during the quarter.
Akshata Murty, the wife of Britain's Prime Minister Rishi Sunak, stands to earn Rs 68.17 crore in dividend income from her shareholding in India's second-largest IT firm Infosys. Murty, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares of Infosys at the end of December, according to company filings with the stock exchanges. Infosys declared a final dividend of Rs 17.50 per share for FY23 (April 2022 to March 2023).
The duo put on 103 runs for the sixth wicket from just 45 balls to turn the match on its head.
IMAGES from Day 10 of the Australian Open in Melbourne on Tuesday.
IMAGES from the World Cup match between England and Sri Lanka, at the M Chinnaswamy Stadium in Bengaluru, on Thursday.
The New Delhi G20 Declaration refers only to the "war in Ukraine" and noted with "deep concern the immense human suffering and the adverse impact of wars and conflicts around the world."
The only thing that works on Holi is the right colour.
It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
A glimpse of the movie star at Louis Vuitton's 2023 Cruise show in San Diego, California.
The best of the glitz from the HT India's Most Stylish Awards 2023.
When supermodel Bella Hadid stepped on stage at Paris Fashion Week, she was dressed in just a pair of high-cut panties. And in minutes, painters sprayed her down, giving birth to the unforgettable dress.
It was more wonderful than you could possibly imagine.
With Shah Rukh Khan's Pathaan getting the cash registers ringing and our favourite ladies keeping the fashion quotient high, January has definitely set the best tone for the new year.
IMAGES from the ICC World Cup match between New Zealand and Sri Lanka at the M Chinnaswamy stadium, in Bengaluru, on Thursday.
Images from the ICC World Cup match between Sri Lanka and Bangladesh, at the Arun Jaitley Stadium, in New Delhi, on Monday.
Tips for being on your game at NYE.
Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.
Riding on strong June-quarter numbers and positive brokerage outlook, the stock of retail major Trent hit a fresh all-time high on Monday (August 14). The stock has gained 14 per cent in five trading sessions. Continuing the trend of strong revenue growth over the last few quarters, the company posted 53.5 per cent year-on-year (Y-o-Y) growth in top line to Rs 2,536 crore in the June quarter (first quarter of financial year 2023-24 or Q1FY24).
Mohsin Khan's exceptional bowling performance changed the game in LSG's favour.
Ravi Shastri believes Mumbai's cricketers have a headstart compared to players from other domestic teams in India.
Australia racked up 469 in their first innings and then reduced India to 151/5 to put themselves in the box seat in the World Test Championship final.
'One thing about ISRO is that all the people who work there are passionate about their work.' 'They did not mind spending day and night over there.' 'Even today it is like that.'
While India downed China, Ashari struck twice in Malaysia's 3-1 win over Pakistan.
With an endless number of star kid debuts in the offing, we thought of looking at how this decade's brigade compares to their mums, dads, uncles or siblings.
In Kerala, the use of black ranges from such convenience to strictures by community and religion to fashion and personal choice. One would have to be really insecure or too fond of the well settled life to see black solely as a badge of protest, points out Shyam G Menon.
The last word may not have been said on the churnings within the Pakistan army or the extent to which army chief General Asim Munir is in control, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
Uddhav Thackeray and his followers have the option to stop riding a tiger and commence work around a more meaningful and enduring political ideology. It is an option Eknath Shinde's side may not have, supported as they were by the BJP, to maintain continuity of the old Sena, argues Shyam G Menon.
Reliance Industries chairman Mukesh Ambani has overtaken Adani Group chairman Gautam Adani to become the richest Indian in the world with a net worth of $84.3 billion, according to Forbes Real-time billionaire list for 2023. Ambani overtook Adani after the Reliance Industries chairman's assets went up 0.19 per cent with an increase of wealth by $64 million while Gautam Adani's assets went down by 4.62 per cent with the industrialist's weath pegged at $84.1 billion according to the real time tracker of Forbes of 5 pm EST on Tuesday. Adani who figured among the top three billionaires in the world has dropped in the ranking to number 10 just below Mukesh Ambani.
'T20 cricket comes naturally to me because it is all about mindset.' 'I am someone who always loves to be aggressive on the field.'
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