Loading the player...
Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore
Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy 51 per cent stake in designer brand Sabyasachi for Rs 398 crore. The deal is expected to be closed in late-February or mid-March, the company said in a regulatory filing. Meanwhile, the ABFRL platform will complement brand Sabyasachi on its journey to becoming a global luxury house out of India
Reliance signs $15 million deal with Israeli firm for rapid COVID-19 test kits
Reliance Group has signed a $15 million deal with Israeli company Breath of Health to distribute the firm's COVID-19 breath testing system. The tests conducted by the company provide results in less than a minute, said Arie Laor, CEO of Breath of Health (BOH).