News & Events
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Malta Republic Day
Happy Republic Day, Malta! Malta Republic Day or ‘Jum ir-Repubblika’ is celebrated in Malta on December 13 every year. It is a public holiday for the general population, schools and most businesses are closed.
Happy Saint Lucia Independence Day!
Happy Saint Lucia Independence Day! Saint Lucia Day (National Day) marks the beginning of the Christmas season. On the Eve of St. Lucia’s Day, a grand festival of lights will be held in Castries, the capital of the island. The day also includes a competition to decorate lanterns and fireworks.
Asia’s richest man looking to buy bankrupt textile firm in India
Indian billionaire, Mukesh Ambani’s Reliance Industries Ltd., along with Assets Care & Reconstruction Enterprise Ltd. to bid for a bankrupt Indian textile firm Sintex Industries Ltd. According to reports, Sintex provides fabric to global fashion brands like Armani, Hugo Boss, Diesel and Burberry. In an attempt to diversify from an oil empire and into telecommunications, green energy and fashion, Reliance has recently acquired marquee Bollywood brands and assets abroad in recent years.
Read the original article here: https://www.business-standard.com/article/companies/mukesh-ambani-s-reliance-looking-to-buy-bankrupt-textile-firm-sintex-121121200290_1.html
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