Who get an approval from CCI to acquire up to 66.15% stake in Mindtree?

Reliance Industries Ltd. (RIL) acquired British toy retailer Hamleys in a all cash deal on May 09, 2019. As per the RIL announcement they have acquired Hamleys in 67.96 million pounds (about Rs. 620 cr). With this announcement Reliance will get hold of hundred percent shares of Hamleys Global Holdings Limited (HGHL). Hamley was owned by Chinese fashion conglomerate C Banner International since 2015.

Amazon plans to close down online retail operations in China, admitting defeat to local e-commerce rivals such as Alibaba and JD.com. They will continue other operations in China such as Amazon Web Services (AWS). Kindle e-books and teams that help ship goods from Chinese merchants to customers abroad. Amazon entered China in 2004, when it acquired a local online book seller for USD 75 million. They launched its Prime membership programme in China in 2016 with aim to lure customers with high-quality Western goods and perks like free international deliveries.

Microsoft has unveiled fully-managed Azure Blockchain Service that would simplify the formation, management, and governance so that businesses can focus on workflow logic and application development. Instead of supporting cryptocurrency transactions, Azure Blockchain Service will let businesses develop their applications on its Cloud-based platform. Microsoft has also announced a partnership with J.P. Morgan to make "Quorum", the first ledger available in Azure Blockchain Service.

India's 3rd-largest non-life insurance provider in the private sector, HDFC ERGO General Insurance Company launched a scheme termed 'Mosquito Disease Protection Policy' which will cover a person against common mosquito-borne diseases, namely, Dengue Fever, Malaria, Chikungunya, Japanese Encephalitis, Kala-azar, Lymphatic Filariasis and Zika Virus. These mosquito-borne diseases leads to financial burden due to hospitalisation or affects the No Claim Bonus of any conventional Health Insurance. The policy by HDFC ERGO will cover hospitalisation expenses. The policyholder may opt for a huge amount to be paid as a policy benefit on offering the proof of hospitalisation. The policy will also pay the beneficiary the sum insured, if in case of the policyholder dies due to the disease.

Wipro Consumer Care has signed an agreement to acquire Splash Corporation, a Philippines-based personal care company. The transaction strengthens Wipro's consumer care portfolio in personal care and completes its South-East Asian footprint. This is Wipro's 11th acquisition in the consumer line business and the 9th acquisition in the personal care segment overall.

India's asset management companies (AMCs) own assets under management (AUM) worth Rs24.46 trillion, according to data released by the Association of Mutual Funds in India (Amfi). HDFC Asset Management Co. Ltd has claimed the top spot with an average AUM of Rs3.42 trillion, overtaking ICICI Prudential Asset Management Co. Ltd with an average AUM of at Rs3.20 trillion. Out of the total industry assets, a huge 82.7% is owned by the top 10 AMCs, who have owned around 80% of the industry assets over at least three years now.

The Reserve Bank of India (RBI) is to issue ?20 denomination banknotes in the Mahatma Gandhi (New) Series. The new banknote bears the signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. All the banknotes in the denomination of ?20 issued by the RBI in the earlier series will continue to be legal tender. The ?20 note will be greenish-yellow in colour. The new banknote has a motif of Ellora Caves on the reverse, depicting the country's cultural heritage. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. The dimension of the new ?20 note will be 63 mm x 129 mm.

Huawei Technologies Co overtook Apple Inc to claim the No. 2 spot in smartphones making in the first quarter, moving a step closer to its avowed ambition of displacing Samsung at the top of the market. Huawei's been steadily gaining on Apple and Samsung Electronics Co. with an increasingly high-end line-up of devices.

The Indira Gandhi National Open University (IGNOU) has launched an awareness programme on Goods and Services Tax (GST) in collaboration with Bombay Stock Exchange (BSE) Institute Limited to help small scale businesses. The purpose of the GST programme is to impart basic knowledge and skills required to fulfil various requirements under the GST Act. It would be beneficial to people who are engaged in maintaining accounts and filing of various indirect tax returns. The main objective of the programme is to impart skills to book keeping professionals to file various regular GST returns along with the various compliance requirements. Those who have passed Class 12 are eligible for the course, which will be offered in January and July cycle of admissions.

IT industry body, The National Association of Software and Services Companies (NASSCOM) has entered a strategic partnership with GE Healthcare. The objective is to bring digital healthcare solutions to the market. NASSCOM has announced this partnership through its Centre of Excellence-Internet of Things (CoE-IoT). This partnership will also help to flourish the health-tech start-up ecosystem in the country which further help in co-creating solutions for real-world healthcare challenges in the areas of digital applications for early detection, productivity solutions and remote and connected care among others.