This brings the aggregateinvestment by Silver Lake and its co-investors in RRVL to Rs 9,375 crore, which will translate into a 2.13% equity stake in RRVL on a fully diluted basis.

Lifestyle, a part of Dubai-based retail conglomerate Landmark Group, is expecting demand to recover during the ensuing festive season both through offline and online channels, a company official said on Wednesday. Demand for home products like furniture and furnishings have touched 50-60 per cent of the pre-pandemic levels, he said, adding that stores were shut across the country in April and May due to the lockdown.

In food, as in life, we hide only that which we’re ashamed of.

Mubadala Investment Company, the Abu Dhabi-based sovereign investor, on Thursday said it will invest Rs 6247.5 crore in Reliance Retail...