Reliance in final talks to acquire nearly 30 niche brands to build consumer goods empire

Mumbai, 15/5:India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own Rs 50,000 crore ($6.5 billion) consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters.   Reliance, run by billionaire Mukesh Ambani, plans to build a portfolio of…

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CBI books 7 for alleged match-fixing, betting in 2019 IPL; Pakistan angle being probed

New Delhi, 14/9: The CBI has booked seven suspected punters in connection with two separate cases related to alleged fixing of 2019 Indian Premier League matches “based on inputs” from Pakistan, officials said Saturday.   The central agency has started a country-wide probe and was carrying out searches at seven locations in Delhi, Hyderabad, Jaipur…

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Former PPCC chief Sunil Jakhar quits Congress party

Chandigarh, 14/5:Good luck and goodbye Congress”, former PPCC chief Sunil Jakhar said on Saturday while announcing his decision to quit the Congress that last month removed him from all party positions for alleged anti-party activities.   The disgruntled leader, whose decision comes during the party’s three-day ‘Chintan Shivir’ in Udaipur, went live on his Facebook…

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