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.
Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
Meet Naina Shaikh who will make her debut at Lakme Fashion Week Winter/Festive 2019.
Anjali Lama will walk for the very first time at the coming Lakme Fashion Week Summer/Resort Week 2017.
Paloma Sharma lists out your summer wardrobe options.
Like most army combat uniforms, this one has been designed to serve two requirements: First, protection against harsh climatic conditions, including extreme heat and cold. Second, the need to provide soldiers' outfits with field camouflage, so as to increase his battlefield survivability.
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 stunning actor walked for Aisha Rao at FDCI x Lakme Fashion Week.
In an interview with Rediff.com, Ileana D'Cruz shares fashion advice and style tips.
The top Indian model shares her fashion, beauty, diet and dating mantras.
She took the room's collective breath away in a pantsuit at The GQ 35 Most Influential Young Indians event.
The actor demonstrates how to steal the spotlight on a hot sunny day.
Four fashion designers of Indian origins took the New York Fashion Week by storm while American Donna Karan's India sojourn inspired her latest line.
Four fashion designers of Indian origins took the New York Fashion Week by storm while American Donna Karan's India sojourn inspired her latest line.
India coach Rahul Dravid hopes to have his full-strength squad in time for the World Cup starting next week.
It was fusion fashion by an Indian designer for Sonam Kapoor's second appearance on the film festival red carpet.
Jawan springs a real surprise when it boldly and directly points fingers at the ineffective government and appeals to recognise the power of the finger and vote. Six months before the next general Indian election, this is no coincidence, observes Sukanya Verma.
Summer looks to steal from Dhvani Bhanushali's cupboard.
Struggling to dig up the perfect look for an IPL match? Let these lovely ladies help you out.
'No team has a lower attacking shot percentage than #IND'. Who would have imagined India would be sitting even below Namibia in the points table?
In 1980, he launched the first 'saree boutique' in India, L'Affaire, and founded the eponymous fashion clothing brand with his son in 1986. The brand soon became synonymous for its sleek sarees.
The opulent red and gold outfits were a celebration of love and fashion.
Fashion Week first-timer Divya Nair recounts her third day attending Lakme.
The actress takes maternity fashion to a whole new level.
A glimpse of Rubina Dilaik's modern, wearable styles.
Internationally acclaimed designer Vaishali Shadangule presented her Fil Rouge collection at the FDCI x Lakme Fashion Week 2022.
Rahi Chadda was one of the few desi models to attend Milan fashion Week 2022.
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.
Here's what veteran designer Anita Dongre had to offer at the closing show of Lakme Fashion Week's third day.
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