Natures Basket's acquisition will make Spencer's Retail a national player, giving it access to the western parts of India through its 36 stores in prime locations in Mumbai, Pune and Bangalore.
India's limited overs skipper Mahendra Singh Dhoni was named captain of new Indian Premier League franchise Rising Pune Supergiants on Monday.
The merged club will come into existence in June and compete in the ISL 2020-21. The two sides will, however, play separately in the current I-League and ISL seasons.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
Flower had joined the Australian camp as consultant ahead of the World Test Championship final against India last month.
Milkha Singh, 92, best known as the 'Flying Sikh' and most remembered for finishing fourth in the 400m final in the 1960 Rome Olympic Games, was bestowed with the lifetime achievement award.
Mohun Bagan accused Kolkata Knight Riders of high-handedness after their jersey-wearing fans were denied entry into the Eden Gardens.
The Zimbabwean great was working with Punjab Kings as assistant coach for the past two seasons.
Lucknow Super Giants will don Mohun Bagan's colours when they take on Kolkata Knight Riders during their final league game on Saturday.
Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.
The franchise owners had launched a consumer engagement campaign on social media on January 3 to decide the name of the new IPL side.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
He was 83. Goenka is survived by his wife Sushila and sons Harsh Vardhan and Sanjiv.
The CPI-M leader was the chief minister of the state from 2000 to 2011.
Former New Zealand skipper Stephen Fleming was on Monday named chief coach of the new Pune franchise of the Indian Premier League Twenty20 cricket tournament. With this the former Chennai Super Kings coach will renew his long and most successful partnership with his former captain Mahendra Singh Dhoni who was picked in the December draft.
CESC Properties, a subsidiary of the group's power utility, CESC Ltd, is building the city's first luxury mall, Spencer's Galleria. It will house 20 luxury brands, a first for Kolkata.
Glimpses of some of the team owners at the IPL auction on Saturday.
Taking a cue from their Spanish co-owners and UEFA Champions League finalists Atletico de Madrid, the Kolkata franchise for the much-anticipated Indian Super League was named Atletico de Kolkata on Wednesday.
Two-time champions ATK on Friday announced the signing of Irish football legend Robert David "Robbie" Keane for the fourth season of Indian Super League scheduled to be held in November.
Glimpses of the players and coaches mingling after the Gujarat Titans-Lucknow Super Giants game at the Wankhede stadium on March 28, 2022.
A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.
They plan to cut shop sizes and look at opening standalone stores after years of losses.
The retailer is looking at a break-even this year.
Competition from kirana stores, low margins and property and supply chain issues delay break-even.
Mamata Banerjee, who had pulled out of UPA-II over FDI in retail, among other issues, would dedicate mall to people of Kolkata.
Trinamool Congress is the second highest recipient of political donations through electoral bonds.
Manchester United owners showing interest to be a part of the Indian Premier League could be one of the reasons why BCCI extended the date for purchasing the Invitation to Tender (ITT) for the two new IPL teams.
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
The All India Management Association (AIMA) announced that it would conduct a new test to assess the employability of students passing out of Indian business schools.
"We will come up with a new brand identity next month and have already assigned one agency for this. It will be a new branding for Saregama, with a more youthful and uncluttered logo. We have chalked out the future road map. While there are plans to enter the television space more aggressively, we are exiting the films business," said Sanjiv Goenka, chairman of the Group.
RPG Enterprises' vice-chairman is upbeat about retail firm Spencer's and talks of a pan-India growth plan for power company CESC.
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
Coal requirement for the plant would be met through Coal India.
The BCCI on Wednesday extended the deadline for purchasing the tender document for the new Indian Premier League teams by another 10 days till October 20.
A foreign visitor to the city agreed, but with a note of caution. "West Bengal as an investment destination remains to be first on the list for the Australian mining companies as this state is rich in minerals," said John McCarthy, Australian High Commissioner to India, in Kolkata to attend a seminar.
Being a non-profit firm, Young Indian does not have a profit and loss account.
The IPL's two new teams -- Sanjiv Goenka's RPSG Group for the Lucknow franchise and CVC Capital's Ahmedabad received formal clearance from the BCCI after the IPL's Governing Council met on Tuesday.
Spencer's Retail, promoted by the Rs 11,500 crore (Rs 115 billion) RPG group, is in talks with international retailers for a possible joint venture in India. The company is exploring the JV route to introduce new formats.
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