Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
'The field of design is an overcrowded place.' 'And over time I have learnt the only way for me to connect with my own work is that if it comes from a place of honesty.'
After the stumps on Day 2, Sri Lanka's score read 108/4 as they are trailing India by 466 runs.
Vivek Agarwal, founder of OOKIOH tells Rediff how he is making swimsuits that look good and feel great too.
At the time of the media maelstrom around her non-dom status, she hit back at implications that it was in some way indicative of her stronger bond with India than the UK.
Welcome to the weekly fashion round-up, where we bring you the latest on supermodels, style, designers and everything in-between!
Alia Bhatt is fast evolving into quite a designer's darling. Take a look!
Eileen Gu is fast becoming one of China's hottest young stars.
Mitron probably would have continued with the free run for quite some time, had it not come to light that the source code of the app was actually developed by a Pakistani developer, reports Neha Alawadhi.
Sri Lanka, who had conceded a 109-run lead, were bowled out for 113 in their second innings
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
Pace spearhead Jasprit Bumrah is also back after missing the Asia Cup because of injury-related issues and Bresnan thinks he will hit his straps straightaway.
'Stop wearing clothes which might be trendy, but doesn't go well with your body type.'
This Valentine's Day, consider wooing your beloved the old fashioned way.
Ajit Balakrishnan offers lessons from another tech revolution not so long ago.
The Competition Commission has approved Reliance's proposed acquisition of retail, wholesale, logistics and warehousing businesses of Future Group. The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August. In a tweet on Friday, the regulator said it has approved "acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Limited and Reliance Retail and Fashion Lifestyle Limited".
Manjusha Niyogi, 26, who was found hanging earlier in the day, attempted to die by suicide earlier as well, the police said.
Amy Jain, jewellery designer launched BaubleBar .
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.
Sukanya Verma lists the best mystery movies this past decade.
Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance.
But Pant took the game away from the Lankans by going after the bowling as soon as he walked to the crease, bringing up his fifty with seven fours and two sixes.
Parental interference is a nuisance for young Indian daters, observes Ravi Mittal, CEO, Quack Quack, an online dating app. They either have a problem with the person their child is dating or with dating in general.
The Indian lenders are worried over the fast depleting asset base of the Future group companies which would make their recovery of dues difficult. The asset base of Future group has eroded in the last two years due to lockdown and takeover of 947 stores by rival Reliance Retail after Future group's lease on the properties expired. Bankers said they have approached bankruptcy court so as to avoid any duplication of legal action and reduce time at the legal forums.
'For him to live the life that he is living and still keep up with such a performance, full credit to him'
Images from the World Athletics Championships on Sunday, Day 3, in Oregon.
India last lost a Test series on home soil nearly 10 years ago.
The Gunners' only league defeat of the campaign was in September away to one of England's traditional top-six clubs, Manchester United, drawing criticism that their strong start to the season was based on wins against lesser opposition.
'You are what you are and you have to live life embracing all of you.'
Wherever you go, whether it's Malad or the Maldives, people. want. to. take. pictures. Of themselves. Relentlessly, repeatedly, recklessly.
Images from Saturday's action in the Premier League.
Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.
Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit. He, however, insisted he isn't retiring yet and will "continue to provide hands-on leadership as before". At the annual shareholders' meeting of Reliance Industries Ltd, he said the robust architecture that he has announced will ensure the firm remains "a unit, well-integrated and secure institution even as it develops existing businesses and adds new growth engines."
Bangladesh thrashed Australia by 60 runs in Dhaka on Monday to secure a comprehensive 4-1 series win, with the tourists' batsmen managing just 62 in 13.4 overs, their worst ever total in the format.
A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.
The Formula 1 champion Lewis Hamilton, celebrated his big win by taking his friends and family on a snowboarding trip.
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