Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).
He also said "Chinese belligerence is evident in its continuing propensity to project power outside its region", in turn presenting a "threat to the rules-based international order".
Glimpses of visitors enjoying the majestic beauty of maple trees at the Nishat Garden in Srinagar on Sunday, November 13, 2022.
Chinese Foreign Minister Qin Gang reiterated that the situation at the India-China border is generally stable and both sides should consolidate the present achievements and strictly abide by the relevant agreements while pushing for further cooling and easing of the conditions for sustainable peace and tranquillity at the frontier.
The extreme circumstances in western New York were caused by numbing cold, howling winds, and heavy 'lake-effect' snow, which was picked up by freezing air flowing over warmer lake waters.
The summit is also being attended by Pakistan Prime Minister Shehbaz Sharif, Iranian President Ebrahim Raisi and leaders of several central Asian countries.
For the last four years since abrogation of Article 370, Kashmir-based political parties have been struggling to forge an alternate narrative to the one forcibly snatched from them. The BJP is bound to go hammer and tongs at them now that their armoury is reinforced with the Supreme Court judgment, notes Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.
'The idea of this movie is to trace these journeys and not to blame.' 'We could have talked what happened in 1948. This is what the Israelis did. This is what the Palestinians and Arabs did.' 'We didn't want to go there.'
Add adventure to your winterr vacay with any of these easy, one-day Himalayan treks that you can attempt by yourself.
About 416 Myanmarese soldiers crossed over to India in view of the situation arising out of the fighting between Myanmar's armed ethnic groups and the government forces, and Indian military is 'closely watching' the unfolding developments, Army Chief General Manoj Pande said on Thursday.
'RCB is the world's first carbon neutral cricket team and the foremost cricket franchise in the world.'
A joint statement released on Thursday said both sides exchanged views in an 'open and constructive' manner to resolve the 'relevant issues' and that it was agreed to maintain 'security and stability' on the ground in the region.
Kashmir is reeling from a heat wave after the valley earlier this week witnessed the second-hottest September day in recorded history, causing hardships to locals and tourists alike.
The Gandhi siblings first drove from their hotel in Srinagar to the shrine of Ragnya Devi, popularly known as Mata Kheer Bhawani temple, in Tullamula area of the central Kashmir's Ganderbal district, the officials said.
Indian troops are defending every inch of the border with China and not even a single inch of land has been taken over by the neighbouring country in recent years, Ladakh Lt Governor Brig (retd) B D Mishra said on Thursday.
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.
'We cried our hearts out as we saw our huts going underwater. It was hard to believe that I was fast asleep at the same spot just 15-20 minutes ago'
Several posters alleging harassment of minorities and women were put up at a square outside the UN building in Geneva coinciding with a session of the UN Human Rights Council.
Indian graziers were stopped by Chinese troops from moving ahead near the Line of Actual Control (LAC) in the Demchok region of eastern Ladakh over a week ago, people familiar with the development said on Monday.
India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.
French scientists have revived a 48,500-year-old zombie virus buried under a frozen lake in Russia until now!
Kanika in London... Manoj takes Joram to Rotterdam... Aahana's puppy love...
The 42-year-old Indian-origin prime minister and his family were filmed apparently breaking the rules of Hyde Park in central London.
Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.
Defence Minister Rajnath Singh on Tuesday handed over to the Army a raft of home-grown military hardware including unmanned aerial systems, quick reaction fighting vehicles, patrol boats and surveillance equipment for boosting its overall combat capability in eastern Ladakh.
Check out Aryna Sabalenka's delightful Australian Open trophy photoshoot
The batch of five experts will also play a role as interpreters between India and China sides during border personnel meetings, sources said.
The Enforcement Directorate has arrested West Bengal minister Jyotipriyo Mallick in a money laundering case linked to an alleged multi-core ration distribution scam in the state, official sources said on Friday.