Reliance Retail in talks for rights of beauty retailer Sephora: Report – Times of India

BENGALURU: Reliance Retail, run by billionaire Mukesh Ambani‘s conglomerate Reliance Industries, is in advanced talks to get the rights for beauty retailer Sephora in India, according to a report on Wednesday that cited two people familiar with the matter. Sephora’s operations will transfer from Arvind Fashions to Reliance Retail if an agreement is reached, according … Read more

Reuters reveals India finds Sony-Zee merger can hurt competition; shares fall – Reuters News Agency

Business & Finance 01 September 2022, 2:16 pm. 1 minute Reuters was first to report that a merger between the Indian unit of Japan’s Sony and Zee Entertainment to create a $10 billion TV enterprise will potentially hurt competition by having “unparalleled bargaining power”. A confidential notice detailing the Indian antitrust watchdog’s initial review, seen … Read more