Connect with us

India Hot Topics

Flipkart-Aditya Birla Fashion proposed deal violates the government’s FDI policy: CAIT

Published

on

Flipkart-Aditya Birla Fashion proposed deal violates the government’s FDI policy: CAIT

Traders’ body CAIT on Tuesday brought up criticisms over Aditya Birla Fashion and Retail’s arrangements to raise Rs 1,500 crore by giving 7.8 percent stake to Walmart-claimed Flipkart Group, charging that the proposed bargain disregards the administration’s FDI strategy.
The Confederation of All India Traders (CAIT) kept in touch with business serve Piyush Goyal in such manner asking him to preclude Aditya Birla Fashion and Retail Ltd (ABFRL) from straightforwardly or by implication selling its stock on the commercial center stages possessed/constrained by the Flipkart Group. It additionally mentioned the clergyman “to not permit the proposed FDI except if they attempt that ABFRL won’t sell its stock through any of the commercial center stages claimed/constrained by Walmart-possessed Flipkart Group”.ABFRL said it intends to utilize this money to fortify its asset report and quicken its development direction.
The organization said it has likewise gone into a business arrangement comparable to the deal and circulation of its different brands. The exchange is dependent upon administrative and other standard approvals.”In its recording to the stock trade, an unmistakable purpose to make ABFRL a favored vender on the commercial centers possessed and worked by Flipkart Group is indicated which carefully abuses the arrangement of the administration,” CAIT said in the letter to Goyal.
The dealers’ body expressed that the present FDI strategy unmistakably precludes an unfamiliar organization to wander in any types of multi-brand retail exchanging (MBRT) including through online business by having any value premiums in the merchants available stage, or legitimately/in a roundabout way controlling their stock through side arrangements, or under the clothing of B2B web based business. It said the “prohibitive arrangements in FDI strategy, through press note 2 of 2018, were made to ensure the little brokers/kirana retailers and Indian industry from the assault of capital tricking by unfamiliar worldwide organizations and any infringement of such arrangement must be carefully managed”.

Tap To Explore More : The Hindu

Also Read : 43,893 NEW CASES OF COVID-19 RECORDED IN INDIA ON WEDNESDAY MORNING

Advertisement

$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Published

on

By

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

Advertisement

The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

Advertisement

About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

instantbollywood.com

Anticipation and Fan Reactions

Advertisement

The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

Advertisement

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Legal and Laws News Platforms – https://legalmatters.in/
Podcast Platforms – https://anyfm.in/

Continue Reading
Anyskill-ads

Facebook

Trending