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Reliance-Disney merger, job cuts at AMD, Boeing and Siemens, Zomato CEO’s message to Swiggy on IPO and other top news of the week – Times of India

adminNovember 17, 202407 mins

From mega-mergers to mass layoffs, this week in tech brought a whirlwind of major developments. A landmark deal between Reliance, Viacom18, and Disney is now completed, creating a new entertainment behemoth. Meanwhile, the global tech industry continues to grapple with layoffs as Boeing, AMD and Siemens announced significant job cuts. Additionally, Swiggy celebrated a successful…

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Dubai-based siblings who own JioHotstar domain have this ‘take it or leave it’ offer for Team Reliance – Times of India

adminNovember 11, 202407 mins

The saga of owning the JioHotstar.com domain just took an unexpected twist. Dubai siblings – Jainam and Jivika, who purchased it from a Delhi-based app developer have now said that they are willing to ‘give’ the domain to ‘Team Reliance’ for free. Sharing an update on the website, the two wrote “With all the discussions…

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Amazon may bring this US subscription model for Prime Video to India – Times of India

adminOctober 16, 202403 mins

Amazon Prime Video is reportedly planning to introduce advertisements for viewers in India starting next year. According to a report by Bloomberg, this move mirrors a change which the company has already implemented in the US. The report claims that Prime Video subscribers in Indian can expect to see ads interrupting their shows and movies…

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Timberland stages come back with Reliance in India through AJIO platform – ET Retail

adminOctober 15, 202403 mins

Timberland, an American outdoor footwear and apparel brand, is back with Reliance Retail, as it now features on the catalogue of its fashion e-tail platform AJIO. Earlier, Timberland had to close its retail stores across India in 2015 due to stiff competition in the local market and conflict with a similar local brand Woodland. The…

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Online retailer Shein’s 2023 sales hit $2 billion in UK – ET Retail

adminOctober 9, 202406 mins

Representative image Shein‘s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the online fast-fashion group showed on Tuesday, as it prepares for a hotly debated listing in London. The annual revenue from the UK, Shein’s third-biggest market, was 38% more than it had previously reported for a 16-month…

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How the bottom-of-the-pyramid strategy worked out for Zudio – ET Retail

adminOctober 8, 202408 mins

Representative Image Encouraged by the runaway success of its apparel brand Zudio, which marries style with low price, Tata Group company Trent has now launched Zudio Beauty. The first store has opened in Bengaluru and Trent is planning to add more in top cities such as Gurugram, Pune and Hyderabad. Zudio Beauty is part of…

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Reliance in pact with Israeli apparel company Delta Galil – ET Retail

adminSeptember 10, 202404 mins

Reliance has formed an equal joint venture with Israeli apparel firm Delta Galil, one of the world’s innerwear makers to sell their global brands as well as design and make lingerie products in India. This will pitch them directly against Page Industries which is the leader in the segment with brands such as Jockey and…

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Reliance retail, UK footwear co Clarks end JV after 2 years – ET Retail

adminAugust 23, 202403 mins

Representative Image MUMBAI: Reliance Retail and UK-based footwear brand Clarks have terminated their joint-venture partnership inked two years ago. Sources said that differences had emerged between the two entities over the terms of the partnership and that the JV was not “working out”. Reliance Retail did not respond to queries. Clarks could not be immediately…

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Competition Commission of India flags cricket rights concerns with Disney-Reliance $8.5 billion merger | Cricket News – Times of India

adminAugust 21, 202407 mins

The Competition Commission of India (CCI) has made a preliminary determination that the proposed $8.5 billion merger between Reliance and Walt Disney‘s media assets in India could adversely affect competition, according to four sources who spoke to Reuters. The main concern revolves around the combined entity’s control over cricket broadcasting rights.This marks the most significant…

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Ambani is drawing on China-linked co’s help in his battle with Tata – ET Retail

adminAugust 20, 202409 mins

Representative Image Asia’s richest man, who made a glamorous splash this year with a $600 million wedding bash for his son, is now in a battle to hawk fashion to paying customers. Yet in this fight, Mukesh Ambani is getting beaten by a much older conglomerate. Things are becoming serious enough for him to enlist…