India Digest: Reliance to buy Milkbasket; Fairfax eyes exit from Seven Islands

India Digest: Reliance to buy Milkbasket; Fairfax eyes exit from Seven Islands

Photo: Pixabay

After a few months of negotiations, Reliance is finally close to acquiring subscription-based milk delivery startup Milkbasket. Separately, Fairfax-backed Seven Islands Shipping Ltd has filed draft red herring prospectus with SEBI for an initial public offering (IPO).

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