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News digest: Samara-Amazon bags More, YES Bank MD's tenure, and more

Aditya Birla Group exits food and grocery retail business

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BS Web Team New Delhi
Samara-Amazon bags More for Rs 42 billion

Almost 11 years after setting up the food and grocery retail business, Aditya Birla Group on Wednesday signed a deal to sell Aditya Birla Retail (ABRL) to home-grown private equity fund Samara Capital and global e-commerce giant Amazon. Read more

Amazon in a spot over ‘Apni Dukaan’ tagline 

Amazon India’s flagship campaign ‘Apni Dukaan’, to connect with customers in the remotest parts of the country, could run into copyright issues. Read more

Rana Kapoor can stay as MD till Jan 31: RBI

YES Bank Managing Director (MD) and Chief Executive Officer (CEO)