Live
- Horoscope Today: Astrological Prediction November 6, 2024 for All Zodiac Signs
- GAIL clocks net profit of Rs 2,672 crore in Q2
- Dubai Fitness Challenge is Here!
- Sr Men's National Hockey: Delhi, Karnataka, Bengal, A.P. win group matches on Day 2
- ‘Nation is proud of you’: West Bengal Guv to GRSE on laying keels of two NGOPVS
- KLH Bachupally Campus Promotes Unity Through Community Initiatives
- Kirttane, Kapadia bag golden double as India wins 14 medals in Asia Pickleball Games
- IDFC FIRST Bank leads the way in revolutionising real-time tracking of money sent abroad through Swift GPI
- Gurugram: 11 projects of GMDA worth Rs 249.77 crores approved
- Samsung R&D Institute, Bangalore Sets Up a State-of-the-Art Linguistics Lab focused on Artificial Intelligence and Machine Learning, Jointly with Garden City University, Bangalore
Reliance Retail to acquire beauty biz
Highlights
New Delhi: India’s leading retailer Reliance Retail Ventures Ltd (RRVL) will acquire the beauty retail business of the Lalbhai family-promoted Arvind...
New Delhi: India’s leading retailer Reliance Retail Ventures Ltd (RRVL) will acquire the beauty retail business of the Lalbhai family-promoted Arvind Fashion, expanding its play in the fast-growing Beauty and Personal Care (BPC) market.Arvind Fashion on Friday said it has entered into a Share Purchase Agreement (SPA) with Reliance Beauty & Personal Care Ltd (RBPCL), a wholly-owned subsidiary of Reliance Retail Ventures Ltd to sell and transfer the entire equity stake held by the company.
Upon completion of the formalities under the said SPA, Arvind Beauty Brands Retail would cease to be a subsidiary of the company, according to a regulatory filing from the Ahmedabad-based company.
Next Story
ADVERTISEMENT
