Three business houses are likely to be in the final race to strike a deal with Germany's Metro AG for investing in its India unit -- Metro Cash & Carry. Industry sources in the know named Reliance, Adani Group, and Thailand's conglomerate Charoen Pokphand (CP) as potential frontrunners to acquire a partial or full stake in the Gurugram-headquartered Metro Cash & Carry, which has 31 stores and 5,000 direct employees. Around 20 companies, including strategic and private equity investors, were approached by the German chain, inviting them to bid for the Indian wholesale business, according to a source aware of the M&A developments.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
The black box of the Yeti Airlines aircraft has been recovered from the accident site on Monday, as a search is on for the four persons still missing after the plane with 72 people, including five Indians, on board crashed into a river gorge while landing at Nepal's newly-opened airport in the resort city of Pokhara.
Satwiksairaj and Ashwini showed top-notch fighting spirit before going down
Innaya's birthday party... Sidharth in Musafir mode... Allu Arjun celebrates Sneha's birthday...
The World No 11 Srikanth will take on China's Lu Guang Zu in the next round.
It's time you added this dish to your favourite dim sum list.
Authorities believe the house was a slaughterhouse and tiger holding facility used in a suspected animal trafficking network.
India's P V Sindhu came into the semi-final contest with an overwhelming 4-1 head-to-head lead over Thailand's Chochuwong, but wasn't at her best.
Nepalese rescuers resumed their search on Monday for four persons still missing after a passenger plane with 72 people, including five Indians, crashed into a river gorge while landing at the newly-opened airport in the resort city of Pokhara, killing at least 68 people onboard.
Ferrari's Charles Leclerc secured pole position for the Singapore Grand Prix on Saturday after a furious Max Verstappen was forced to abandon his fastest lap for fear of running out of fuel.
Saina and Busanan engaged in some long rallies but it was the Thai shuttler who had the last laugh
Max Verstappen dashed Ferrari's home hopes and won the Italian Grand Prix
We very much hope that wisdom dawns on the Chinese side, Jaishankar said in Bangkok.
Enjoy this weekend meal that's good for two.
A state memorial service for cricketing great Shane Warne will be held at the Melbourne Cricket Ground on the evening of March 30.
In another men's bout, Sumit stamped his authority to get the better of Kazakhstan's Ayatulla Takiz and confirm his place in the final.
The unseeded Indian duo had to toil hard for 58 minutes to win its round of 16 clash
A court in Thailand dismissed Prime Minister Yingluck Shinawatra from office on Wednesday for abuse of power, plunging the crisis-hit country into a fresh political turmoil.
The International Weightlifting Federation said in a statement that the two countries' lifters shall not compete at the Tokyo Games, regardless of the change of date. The Thai and Malaysian federations can appeal the IWF ruling to the Court of Arbitration for Sport (CAS) within 21 days.
This was Sen's second straight defeat against Chou in less than a month.
Tokyo Olympian Arjun and his partner Ravi completed the race in 6:57.883s while the Chinese duo clocked 7:02.374s. The Uzbeks finished with a timing of 7:07.734s.
Two-time Olympic medallist P V Sindhu rallied from a game down to eke out a hard-fought win over Thailand's Supanida Katethong and enter the semi-finals of the Syed Modi International Super 300 tournament, in Lucknow, on Friday.
India's boxers Govind Sahani (48kg), Ananta Pralhad Chopde (54kg) and Sumit (75kg) struck gold at the Thailand Open in Phuket, notching up comprehensive wins in their respective bouts on Saturday.
Talk to any member of the cabin crew on any Indian airline and you will hear the worst horror stories. Almost always, the targets of abuse in the air are female staff members who are called 'servants' or worse, points out Vir Sanghvi.
The Indian pair of Rhythm Sangwan and Vijayveer Sidhu clinched the 25m Rapid Fire Pistol Mixed Team gold medal as the country's total haul soared to 23.
Rajasthan Royals will celebrate the extraordinary life of the late Shane Warneduring their Indian Premier League match against Mumbai Indians on Saturday in Mumbai.
India's star players Smriti Mandhana, Harmanpreet Kaur and Deepti Sharma were on Monday named captains of the three teams for the Women's T20 Challenge to be played in Pune from May 23.
India's Simranjit Kaur made an early exit from the Olympics after losing to Thailand's Sudaporn Seesondee in the pre-quarter-finals of the women's lightweight (57-60kg) boxing, in Tokyo, on Friday.
Carlos Sainz will start Sunday's Belgian Grand Prix from pole position after penalties reshuffled the grid
World Championships bronze medallist Lakshya Sen and men's doubles combination of Chirag Shetty and Satwiksairaj Rankireddy registered contrasting victories to reach their first Yonex-Sunrise India Open 2022 final, while PV Sindhu was knocked out, in New Delhi on Saturday.
Satwik and Ashwini, who reached the semi-finals at Toyota Thailand Open Super 1000 in January, will meet the winner of the match between fifth-seeded Malaysians Tan Kian Meng and Lai Pei Jing and Germany's Jones Ralfy Jansen and Kilasu Ostermeyer.
The charter plane carrying the body of Shane Warne landed in his home city of Melbourne on Thursday evening after an eight-hour flight from Thailand, where the Australian cricketing great died last week at the age of 52.
Ashish Kumar continued his brilliant form at the 2022 Thailand Open international boxing tournament as he entered the finals alongside India's three other pugilists in Phuket on Wednesday.
With the triumph, the Indian GM qualifies for next year's Tata Steel Masters Group.
Charles Leclerc seized pole position for the Italian Formula One Grand Prix and sent Ferrari hopes soaring on Saturday while Mercedes' George Russell joined him on the front row once penalties were applied.
The Indian pair had participated in Super 1000 events in 2018 and 2019 but this is the first time it entered the semi-finals.
If Sindhu and Saina win their respective second round matches, they will face each other in the quarter-finals.
Red Bull-backed Thai racer Alex Albon will return to Formula One next season as a Williams driver alongside Canadian Nicholas Latifi, the British-based former champions announced on Wednesday.
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