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☆ From the boardwalk to the altar: T-shirt, shorts, bikinis and boot sellers are now dressing brides
▼ + stars: | 2024-05-12 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +8 min

“The move into wedding wear makes sense so long as it’s not a distraction from their core business,” Stichter said. “For these bridal collections to land with Gen Z, It’s important that these brands tap into the way that Gen Z shops. Gen Z is always online, but 97% of US Gen Z still shop in-store,” Rees said. With wedding dresses in particular, one trend that emerged during the pandemic was the popularity of black wedding gowns. Boot Barn has a new western-themed wedding collection of bridal dresses, cowboy boots, hats and accessories priced mostly at $400 and below.

Persons: Gen Zers, Taylor Swift, ”, Janine Stichter, Millennials, ” Stichter, ” Carey Collins Krug, “, won’t, Allyson Rees, Gen Z, ” Rees, Gen, they’re, Rees, it’s, ” Lisa Zlotnick, “ There’s, Isha Nicole, ” Nicole Organizations: New, New York CNN, Abercrombie, Fitch, Abercrombie & Fitch Co, CNN, “ Locations: New York, California, Los Angeles, Las Vegas

☆ I followed Snap Inc. CEO Evan Spiegel's morning routine for a week. I finally understand the appeal of waking up early.
▼ + stars: | 2024-05-08 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +2 min

On Wednesday, I tried Kriya meditation for the first time. Given how sore I felt from working out the past two days, I decided Wednesday would be the perfect day to try Spiegel's other morning activity: Kriya meditation. Spiegel told Vogue Australia in 2022 that his wife got him "hooked on Kriya meditation." On YouTube, I found a video entitled "Isha Kriya: A Guided Meditation For Health And Wellbeing | 15-Minutes" by the channel Sadhguru. "Daily practice of Isha Kriya will bring health, dynamism, prosperity, and wellbeing.

Persons: Spiegel, Mykenna, Isha Kriya, Isha, that's Organizations: Vogue Australia, YouTube

☆ Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
▼ + stars: | 2024-05-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +13 min

Youth unemployment, income inequality, regional disparities, and Russian oil remain big problems. But the work starts there, as he'll have to navigate thorny issues such as youth unemployment, income inequality, and reliance on sanctioned Russian oil. "The other key economic policy was JAM — the trinity of bank accounts for the poor, mobile numbers and a biometric card. Indian demand for Russian oil has cooled in recent months as new sanctions have made it more expensive, but the buying remains controversial. Alexandr Demyanchuk/AFP/Getty ImagesIndia the IT hubUnder Modi, India has made big strides in modernizing its economy, combating bureaucracy, and appealing to foreign investors.

Persons: Narendra Modi, Elon Musk, Jamie Dimon, Tim Cook, —, Modi, Goldman Sachs, JPMorgan's Dimon, He's, Musk, Apple's Cook, Joe Biden, Sundar Pichai, Anna Moneymaker, Jensen Huang, Satya Nadella, Alphabet's Sundar Pichai, Richard Rossow, Demonetisation, Kunal Sen, Sen, Tim Graham, Rossow, tycoons Mukesh Ambani, Gautam Adani, Mukesh Ambani, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani, Radhika Merchant, Anant, Radhika, Ambani, they'd, Neelima Jain, Vladimir Putin, Alexandr Demyanchuk, Sanjay Shetty, Shetty Organizations: Service, titans, Monetary Fund, Gross, World Bank, Economic, of New, Google, Apple, Nvidia, Microsoft, India, Studies, Center for Strategic & International Studies, United Nations, United Nations University World Institute for Development Economics, University of Manchester, International Labor Organization, Oxfam, Bloomberg, Reliance Industries, Adani, CSIS, Indian, Shanghai Cooperation Organisation, Getty, Modi, Big Tech, Randstad, Economic Times Locations: India, Britain, Japan, Germany, China, of New York, Nimaj, Rajasthan, North Korea, Bihar, Uttar Pradesh, Russia, Ukraine, Europe, Moscow, Western, Samarkand, AFP, Randstad India

☆ After all that, the Ambani heir isn't even married yet
▼ + stars: | 2024-03-04 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Asia's richest family, the Ambanis, threw a lavish three-day pre-wedding party for Anant Ambani. Bill Gates and Mark Zuckerberg attended the bash, which featured a private Rihanna concert. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA star-studded guest list, designer gowns galore, and a private Rihanna concert — and that was just for the Ambani pre-wedding bash.

Persons: Anant Ambani, Bill Gates, Mark Zuckerberg, —, Ambani, Radhika Merchant, Viren Merchant, Donald Trump's, Ivanka Trump, Rihanna, Mukesh Ambani's, Isha Ambani, Anand Piramal, Shah Rukh Khan, Priyanka Chopra, Nick Jonas, Hillary Clinton Organizations: Service, Encore Healthcare, Viren, Guardian, Beyoncé Locations: Indian, Gujarat, Jamnagar, Mumbai

☆ Rihanna came out of retirement for the Ambani wedding concert and a hefty payday
▼ + stars: | 2024-03-02 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Read previewIt's the concert we all wished we were at but sadly had to watch through grainy phone camera footage: Rihanna's one-night-only comeback. The show also included live renditions of the songs "We Found Love," "Stay," "Rude Boy," and "All Of The Lights," and ended with the whole Ambani family joining Rihanna onstage. Rihanna received a payday somewhere between $5 and $9 million, according to estimatesThere's been rampant speculation on how much Rihanna was paid for her performance. AdvertisementMukesh Ambani, the Chairman of Reliance Industries, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani, and Radhika Merchant react on the stage during pre-wedding celebrations of Anant and Radhika. The Ambani family reportedly spent over $100 million on the pre-wedding ceremony of daughter Isha Ambani and her now-husband, Anand Piramal, according to The Guardian.

Persons: —, Anant Ambani, Mukesh Ambani, Radhika Merchant, Mark Zuckerberg, Ivanka Trump, Rihanna, Anant, Radhika, Isha Piramal, Shloka Mehta Ambani, Akash Ambani, Ambani, Isha Ambani, Anand Piramal, Anant's, Beyoncé, Chris Martin, Shloka Mehta's, Adam Levine Organizations: Service, Business, NME, India Today, Daily Mail, Reliance Industries, Reuters, Fortune, Guardian Locations: Jamnagar, India, Switzerland

☆ Meet the Ambanis, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars
▼ + stars: | 2024-03-01 | by ( Katie Warren | Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Mukesh Ambani is worth $111 billion, according to the Bloomberg Billionaires Index. The Ambanis live in a 27-story skyscraper in Mumbai thought to have cost $1 billion to construct. The Ambanis made headlines in 2018 for throwing one of the most lavish wedding celebrations ever for Isha Ambani and Anand Piramal. This week the family is staging an extravagant 3-day pre-wedding celebration for Anant, Mukesh Ambani's youngest son. The Ambani family home in Mumbai is a 27-story skyscraper that cost an estimated $1 billion to build.

Persons: Mukesh Ambani, —, Anant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh Ambani's, Bill Gates, Mark Zuckerberg, Rihanna, Sundar Pichai, Jay Y, Lee, Ambani Organizations: Bloomberg, Reliance Industries, Service, Tech, Guardian, Reuters, Samsung Electronics, The Locations: Mumbai, India, Gujarat, The Times

☆ A garland-wearing Mark Zuckerberg arrives for a glitzy Indian wedding celebration — and boy is he in full vacation mode
▼ + stars: | 2024-03-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg and his wife Priscilla are attending the lavish Ambani pre-wedding party in India. The Meta CEO appears to be in full vacation mode after being pictured with a floral garland. The event for Anant Ambani and Radhika Merchant is due to feature a performance by Rihanna. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . He appears to be in full vacation mode after flying in with his wife for the Ambani family's extravagant three-day affair.

Persons: Mark Zuckerberg, Priscilla, Ambani, Anant Ambani, Radhika Merchant, Rihanna, —, Mukesh Ambani, Anant, He's, Viren Merchant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh, Nita, Bill Gates, Ivanka Trump, Zuckerberg, he'd, Larry Fink, Murray Auchincloss, Sundar Pichai, Jay Y, Lee, Rihanna hasn't, Abu Organizations: Service, Encore Healthcare, The, Samsung Electronics, Reuters, India Today, Prix Locations: India, Gujarat, The Times

☆ Anant Ambani pre-wedding bash: Celebrities, tycoons jet to Indian billionaire heir’s celebrations in Jamnagar
▼ + stars: | 2024-03-01 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

New Delhi Reuters —Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue center — that’s how billionaire Mukesh Ambani is kickstarting big fat Indian wedding celebrations for his son. The occasion of the moment that has India transfixed is a three-day pre-wedding jamboree for his youngest son Anant Ambani, 28, who is set to marry his long-time girlfriend Radhika Merchant, 29. Anant is a director at Reliance’s new energy business and one of Ambani’s three children who are the heirs to his empire. Ambani also made headlines with his daughter Isha’s wedding in 2018 which was described by some as a mini-Davos summit. Guests to Anant Ambani’s celebrations are set to savor 500 dishes created by around 100 chefs.

Persons: Rihanna, Mukesh Ambani, Ambani, Anant Ambani, Radhika Merchant, Anant, David Blaine, Bill Gates, Meta’s Mark Zuckerberg, Gautam Adani, Kumar Mangalam Birla, Shah Rukh Khan, Salman Khan, Bob Iger, Hillary Clinton, John Kerry, Anant Ambani’s Organizations: Delhi Reuters —, Reliance, Forbes, Disney, Reliance’s, Encore, Former U.S, Reuters Locations: Delhi, India, Jamnagar, Reliance’s, Gujarat, Davos, Former, New Delhi, Mumbai

☆ The youngest son of Asia's richest man is getting married, and the pre-wedding event features Rihanna, a 9-page dress code, and live animals
▼ + stars: | 2024-03-01 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Rihanna is expected to perform at the pre-wedding bash. Rihanna is expected to perform during the pre-wedding bash. one comment under the post read, to which Rihanna herself responded, "the stage couldn't fit in my carryon." Isha is Mukesh Ambani's only daughter and Anant's older sister. In 2019, Coldplay front man Chris Martin and The Chainsmokers entertained guests attending Akash Ambani — Anant's older brother — and Shloka Mehta's pre-wedding bash in Switzerland.

Persons: Rihanna, Mike Lawrie, Beyoncé, Isha Ambani, Anand Piramal's, Isha, Mukesh Ambani's, Chris Martin, Akash Ambani, —, Shloka Mehta's, Adam Levine Organizations: Getty, Reuters, Coldplay Locations: Jamnagar, India, Switzerland

☆ Nita Ambani is now the most powerful woman in Indian media
▼ + stars: | 2024-02-29 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —Just a few months ago, Nita Ambani stepped away from frontline business to focus on philanthropy. Now, the wife of Asia’s richest man is back with the biggest job in the ferociously competitive world of India media. Nita Ambani will not be steering the media giant alone. Nita Ambani first stepped into the business limelight 10 years ago, becoming the first woman director on the board of Reliance Industries. With her new job title, Nita Ambani has become the most powerful woman in Indian media and entertainment sector, which is worth over $25 billion and growing rapidly.

Persons: New Delhi CNN —, Nita Ambani, Mukesh Ambani, Uday Shankar, “, ”, Ambani’s, Nita Mukesh Ambani, Bikas Das, —, Isha, Anant, Akash —, Akash, ” Nita Ambani, National Stock Exchange —, EY, Mihir Shah Organizations: New, New Delhi CNN, Disney’s, Reliance Industries, Disney’s Asia, Disney, Reliance Foundation, Indian Premier League, IPL, Reliance, Music, International Olympic Committee, Metropolitan Museum of Art, National Stock Exchange, Media Partners, Netflix Locations: New Delhi, India, Mumbai, Disney India, New York, Viacom18

☆ ‘Like going to the moon’: The world’s most terrifying ocean crossing
▼ + stars: | 2024-02-04 | by ( Julia Buckley | ) edition.cnn.com time to read: +19 min

And it’s not just the winds making the waters rough – the Drake is basically one big surge of water. We’re not gambling.”Even with that extra safety margin, though, he admits that crossing the Drake can be a hairy experience. A dangerous thrillAurora Expeditions' Greg Mortimer ship has a patented bow to make a Drake crossing more stable. “The only thing that works for me is going to the ship’s medic for a scopolamine patch,” he says. “If you were going to the moon, you’d expect the journey to be uncomfortable but it’d be worth it,” she says.

Persons: CNN —, ” Alfred Lansing, Ernest Shackleton’s, Drake, ”, it’s, Mike Hill, Adam ”, Alexander Brearley, –, ” “, Storm Isha, Brearley, That’s, It’s, Clelia, Fiona Stewart, Garett McIntosh, Horn, “, Stanislas Devorsine, Sue Flood, Le Commandant Charcot, ” Devorsine, Devorsine, “ We’re, Jamie Lafferty, “ Drake, Greg Mortimer, Tyson Mayr, He’s, Mundy, Edwina Lonsdale, ” Lonsdale, Sylvia Earle, Lonsdale, DreamPictures, acupressure, ” Jamie Lafferty, I’ve, ” Warren Cairns, There’s Organizations: CNN, British Antarctic Survey, Atlantic, “, AP, South America –, Aurora Expeditions, Institute of Polar Sciences, National Research Council of Locations: Antarctica, isn’t, South America, Ireland, Panama, Europe, South, California, New York, Cape Horn, South Africa, Australia, New Zealand, –, France, Cape, National Research Council of Italy, it’s, Lonsdale

☆ Passengers wake up in the ‘wrong’ country as Storm Isha plays havoc with flight plans
▼ + stars: | 2024-01-22 | by ( Julia Buckley | ) edition.cnn.com time to read: +8 min

CNN —Thousands of airline passengers across Europe woke up this morning at the wrong destination – and even in the wrong country – after Storm Isha caused havoc with flights, with dozens of cancelations, diversions and go-arounds in western Europe. Quintupling flight timesThis flight from Shannon to Edinburgh ended up in Cologne. There were over 100 go-arounds at UK airports, according to NATS, the UK’s air traffic control operator. “We did see some diverted flights leaving Manchester and some diverted to Manchester because of conditions at other airports, particularly Dublin,” they said. London’s Gatwick airport saw 22 diversions, but was able to take five flights diverted from other airports, according to a spokesperson for the airport.

Persons: Storm Isha, Kevin Cullinane, FlightRadar, “ Isha, Steve Fox, “, ”, –, Jerry Dyer, – Dyer, Isha, Jerry, Big Organizations: CNN, Ryanair, Dublin Airport, FlightRadar, Paris Beauvais, Belfast, Dublin, Lufthansa, Cork, NATS, Gatwick, Stansted, Big Jet, Heathrow, Birmingham Airport, London Locations: Europe, Ireland, Dublin, daa, ’, Lanzarote, Canary, Bordeaux, France, Shannon, Edinburgh, Cologne, Manchester, Paris, What’s, Glasgow, Liverpool –, Belfast, Liverpool, Scotland, Germany, Munich, England, Deauville, Stansted, London, Antalya, Turkey, Lyon, Budapest, Cork, Mexico City

☆ Passengers flying less than 200 miles from England to Ireland were diverted to Paris due to a storm — with another flight ending up 640 miles from its destination
▼ + stars: | 2024-01-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

It has prompted some bizarre diversions, including a flight to Dublin, Ireland, which ended up in Paris. One Ryanair flight between Ireland and Scotland landed in Cologne, Germany, 540 miles away. AdvertisementThere was a similar situation for a Ryanair flight from Dublin to Edinburgh, about 200 miles apart. But nobody appeared to end up further away from their destination or origin than passengers on Ryanair Flight 5911. It reached Dublin after taking off from the Canary Islands, but diverted 640 miles away to Bordeaux in southern France.

Persons: Isha, —, Nicola Bardon Organizations: Ryanair, Scotland, Service, Ireland, Irish Sun, Dublin, Europe's Locations: Ireland, Dublin, Paris, Cologne, Germany, Manchester, England, Paris —, Edinburgh, Canary, Bordeaux, France, New York City, Indiana, Copenhagen, Denmark, Liverpool, Flightradar24

☆ Fierce Storm Sends Flights Bound for One Country to Another
▼ + stars: | 2024-01-22 | by ( Amanda Holpuch | Remy Tumin | ) www.nytimes.com time to read: 1 min

A powerful storm diverted dozens of flights in Britain and Ireland on Sunday and Monday, sending passengers to Germany, France and northern Britain, and stranding some at airports overnight. At Dublin Airport, 166 flights were canceled Sunday night, another 29 flights were canceled on Monday, 36 flights were diverted to other airports and 34 aircraft performed what are known as “go-arounds,” or aborted landings, according to the airport. Despite the flight chaos, the airport was open and operational on both Sunday and Monday, Graeme McQueen, a spokesman for Dublin Airport, said in a statement to The New York Times. Winds from the storm, named Isha, eased overnight on Sunday and changed to a more favorable westerly direction to allow “for a smooth first wave of flights.”

Persons: Graeme McQueen, Isha Organizations: Dublin Airport, New York Times Locations: Britain, Ireland, Germany, France

☆ Winter Storm Sweeps Britain, Posing ‘Danger to Life’ in Coastal Areas
▼ + stars: | 2024-01-21 | by ( Johnny Diaz | ) www.nytimes.com time to read: +1 min

A powerful storm was moving away from Britain on Monday morning after battering the country overnight with a top gust of wind of 99 m.p.h, according to the Met Office, the country’s weather service, which said that a yellow warning would remain in effect until midday. “It is rather unusual in bringing impacts to most of the U.K.,” said Grahame Madge, a spokesman for the weather service, which called the event Storm Isha. The yellow weather warning is used when people are at risk from certain weather because of their location or activity, and it advises the public “to take preventative action,” according to the meteorological office’s website. Late on Sunday night, the Met Office issued a red wind warning for overnight covering the northeast coast of Scotland and advised people not to use the roadways. A red warning advises the public to expect “a short spell of extremely strong winds leading to danger to life, structural damage and disruption.”

Persons: ”, Grahame Madge, Isha Organizations: Met Office, Met Locations: Britain, Scotland

☆ Over 100 Flights Cancelled at Dublin Airport Due to Storm
▼ + stars: | 2024-01-21 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

DUBLIN (Reuters) - Airlines cancelled 102 flights in and out of Dublin airport on Sunday due to a storm that was forecast to rage for the rest of the day, the airport operator said. Storm Isha had also forced 24 aborted landings by 1700 GMT, while 27 flights opted to divert to other airports, Dublin Airport said in a post on social media platform X.Ireland's national meteorological service Met Eireann issued an orange weather warning early on Sunday for most of the country, including Dublin, meaning the winds could significantly impact people, property and activity in an area. Parts of the west and northwest were placed under a more severe red warning. Amsterdam's Schiphol Airport cancelled 130 flights scheduled for Monday as a preventive measure because of strong winds expected when Storm Isha reaches the Netherlands, the airport said on Sunday. (Reporting by Padraic Halpin, Editng by Angus MacSwan)

Persons: Storm Isha, Padraic Halpin, Angus MacSwan Organizations: DUBLIN, Reuters, Airlines, Dublin Airport, Met, Schiphol Locations: Dublin, Netherlands, Editng

That implies a potential $2.5 billion investment will be equivalent to a 2.5% stake in the company. "Several marquee global strategic and financial investors have shown strong interest in Reliance Retail. Ambani said in 2019 that the group planned to list the retail business in five years. Reliance Retail has more than 18,000 retail outlets, but also a growing e-commerce operation where it competes with the likes of Amazon (AMZN.O) and Walmart's (WMT.N) Flipkart. Reliance Retail reported a consolidated net profit of 91.81 billion Indian rupees ($1.11 billion) for the financial year that ended in March 2023, on revenue of 2.6 trillion rupees.

Persons: Ambani, Mukesh Ambani's, Reliance, Morgan Stanley, QIA, Ambani's, Isha Ambani, Aditya Kalra, Scott Murdoch, Sriram, Munsif Vengattil, Susan Fenton Organizations: Retail Ventures, Reuters, Qatar Investment Authority, India's, Burberry, Reliance, Reliance Retail, KKR, Saudi Public Investment Fund, General Atlantic, United Arab, Unilever, Thomson Locations: SYDNEY, Qatar, U.S, China, United Arab Emirates, New Delhi, Sydney, Mumbai

☆ Mukesh Ambani’s succession planning is a bonus
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Mukesh Ambani (R), Chairman and Managing Director of Reliance Industries, poses with (from 2nd R to L) wife Nita Ambani, children Isha Ambani, Anant Ambani, and Akash Ambani before addressing the company's annual general meeting in Mumbai, India July 21, 2017. REUTERS/Shailesh Andrade Acquire Licensing RightsMUMBAI, Aug 29 (Reuters Breakingviews) - The bar for Mukesh Ambani to impress is rising, including on succession. Planning is sensible, yet Reliance shares closed down 1.1%. Here, the top challenge may be getting public shareholders to match the $100 billion valuation the Qataris have set for the shopping unit. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Mukesh Ambani, Nita Ambani, Isha Ambani, Anant Ambani, Akash Ambani, Shailesh Andrade, Ambani, Isha, Akash, Anant, That’s, Shritama Bose, Didi, Una Galani, Thomas Shum Organizations: Reliance Industries, REUTERS, Rights, Reuters, Reliance, Reliance Retail, Jio Financial Services, X, White, Thomson Locations: Mumbai, India

[1/2] Mukesh Ambani (R), Chairman and Managing Director of Reliance Industries, poses with (from 2nd R to L) wife Nita Ambani, children Isha Ambani, Anant Ambani, and Akash Ambani before addressing the company's annual general meeting in Mumbai, India July 21, 2017. With Mukesh Ambani in his late 60s, "the time is probably right ... "This is also an attempt by Mukesh Ambani to ensure the next generation of Ambani siblings stay close to one another and do not have any discord." He is already the chairman of Reliance Jio Infocomm Limited, the telecom arm of Reliance. Akash's twin sister Isha is driving the expansion of Reliance Retail into new categories and geographies, and is already a director on the boards of the retail unit, Reliance Retail Ventures, which houses the conglomerate's bets in India's brick-and-mortar and e-commerce industries.

Persons: Mukesh Ambani, Nita Ambani, Isha Ambani, Anant Ambani, Akash Ambani, Shailesh Andrade, Isha, Akash, Ambani, Anant, Arun Dasmahapatra, Dhirubhai Ambani, Mukesh, Anil, Nita, Munsif Vengattil, Aditya Kalra, Tom Hogue, Mark Potter Organizations: Reliance Industries, REUTERS, India's Reliance Industries Ltd, Monday, Reliance, Brown University, Meta, Infocomm, Reliance Retail, Reliance Retail Ventures, Qatar Investment Authority, Investors, giga, Thomson Locations: Mumbai, India, BENGALURU, Jio, Bengaluru

REUTERS/Niharika Kulkarni/File Photo Acquire Licensing RightsMUMBAI, Aug 28 (Reuters) - Reliance Industries' retail unit is attracting "strong interest" from other top investors after raising $1 billion from Qatar Investment Authority, its billionaire chairman Mukesh Ambani said on Monday. "Several marquee global strategic and financial investors have shown strong interest in Reliance Retail," he said, adding he would share progress about them "in due course". Ambani said in 2019 that the group planned to list the retail business in five years. Reliance also said on Monday that Ambani's three children, including Isha Ambani, will join the board of parent Reliance Industries. Reliance Retail has invested more than $10 billion in the last two years and opened 3,300 new stores last year, Isha Ambani said.

Persons: Niharika Kulkarni, Mukesh Ambani, Ambani, Ambani's, Isha, Tiffany, Reliance, Isha Ambani, Sriram, Aditya Kalra, Susan Fenton Organizations: REUTERS, Rights, Reliance Industries, Qatar Investment Authority, Reliance Retail, KKR, Silver Lake, TPG, Reliance, Burberry, Unilever, PepsiCo, Thomson Locations: Mumbai, India, Asia, Africa

☆ QIA picks stake in Ambani's Indian retail behemoth at $100 bln valuation
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +1 min

Shopping trolleys are seen parked outside a Reliance supermarket in Mumbai, India, March 16, 2021. REUTERS/Niharika Kulkarni/File Photo Acquire Licensing RightsBENGALURU, Aug 23 (Reuters) - Qatar Investment Authority will invest 82.78 billion rupees ($1 billion) for about 1% stake in Reliance Retail Ventures, the retail arm of India's Reliance Industries (RELI.NS) valuing the company at $100 billion, the companies said on Wednesday. Headed by billionaire Mukesh Ambani's daughter Isha Ambani, Reliance Retail Ventures houses retail operations, including international partnerships and consumer goods business. Reliance Retail, a unit of Reliance Retail Ventures, was recently valued at $92 billion to $96 billion by two global consultants, a move that could signal an eventual initial public offering of the company. Reliance Retail is India's largest retailer and has been partnering with a slew of global brands to launch and expand their presence in India.

Persons: Niharika Kulkarni, Mukesh Ambani's, Isha Ambani, Andrew Mills, Savio D'Souza Organizations: Reliance, REUTERS, Rights, Qatar Investment, Reliance Retail Ventures, India's Reliance Industries, KKR, General Atlantic, Saudi Public Investment Fund, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru, Qatar

☆ The Mumbai Collector Building the City a Blue-Chip Art Space
▼ + stars: | 2023-03-04 | by ( Kelly Crow | Photography Tenzing Dakpa For Wsj. Magazine | ) www.wsj.com time to read: 1 min

Isha Ambani Piramal at home, with a work by Subodh Gupta. “We want museums to send their works to us and breathe easy,” she says. Isha Ambani Piramal recently spent hours trying to borrow a car-size sculpture of a whale’s heart. She hoped to include the bindi-covered piece by Bharti Kher, An Absence of Assignable Cause, in the inaugural exhibit of her family’s new kunsthalle-style space in Mumbai, Art House. “It’s still so complex to get some pieces around India,” she says, “but I’m hopeful we can get it.” (She did.)

☆ Female-owned farms and companies are growing Ghana's taste for coffee
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +3 min

As the women worked, Tamakloe walked among them with a device to test the coffee beans' moisture content. Today, Bean Masters coffee is mostly sold in bulk to high-end restaurants and hotels. But Tamakloe aims to expand her production of retail-sized bags this year to make Bean Masters available to all kinds of consumers. At Kozo, an Afro-Asian fusion restaurant in Accra, Tamakloe and the staff sipped espressos made with Bean Masters coffee. The owner visited Pagniw's farm with Tamakloe in 2021, and has exclusively stocked Bean Masters ever since.

☆ India's Reliance launches first in-house premium fashion store
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Sept 29 (Reuters) - Reliance Industries Ltd's (RELI.NS) retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab a bigger slice of India's luxury market. "The mid-premium fashion segment is one of the fastest growing consumer segments as millennials and the Gen Z are increasingly demanding the latest of international and contemporary Indian fashion," said Akhilesh Prasad, chief executive officer of the fashion and lifestyle arm of Reliance Retail. Register now for FREE unlimited access to Reuters.com RegisterThe company plans to have up to 40 stores across 12 cities over the next nine months, he added. In three years, Azorte will contribute to 15% incremental revenue of Reliance Retail's fashion and lifestyle business, Prasad said at the store launch in Bengaluru. The new store chain is a part of Reliance Industries' aggressive strides in the retail industry, forging partnerships with domestic and global brands.

☆ Millennials and Gen Z want to stop a climate catastrophe. But first they have to get elected.
▼ + stars: | 2022-09-22 | by ( Eliza Relman | ) www.businessinsider.com time to read: +24 min

Sen. Dianne Feinstein, a California Democrat, told young climate activists in 2019, "You didn't vote for me." AP Photo/Gemunu AmarasingheBut most policy debates aren't genuinely existential in the way climate change is. "Younger Democrats tend to have a much more friendly relationship and response to the party's activist class than older Democrats do." Fossil-fuel interests have played a central role in stymieing progress on climate change for decades. Nearly a decade later, Trump ran for and won the presidency — with Gingrich's early and staunch support — while calling climate change a "hoax."

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