Co-Founder of a popular $3 billion makeup brand renounces fortune to become a Catholic priestScott-Vincent Borba, co-founder of e.l.f. Cosmetics, found immense wealth and fame but felt empty. He is now giving away his fortune, inclu...
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
Coty explores sale of CoverGirl, Rimmel in pivot to fragrancesCoty announced a strategic review of its consumer beauty business, including brands like CoverGirl, for potential sale. The company plans t...
Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protectionRite Aid, the drugstore chain currently going through Chapter 11 bankruptcy, plans to close about 7% of its stores. The company has submitt...
Mukesh Ambani-owned Reliance closes in on Boots acquisition, makes binding offerBloomberg reported that the consortium has made a binding offer for Walgreens Boots Alliance Inc.’s international drugstore arm citing peop...
Mukesh Ambani and Apollo close in on Boots buyoutReliance and Apollo have been in dialogue with global banks and financial institutions to stitch together funding for what would arguably b...
Mukesh Ambani and Britain's billionaire brothers face off for a drugstore chainThe Issas are seen as the party to beat ahead of next week’s deadline for proposals, after they submitted the highest offer in the first ro...
Ambani’s Reliance studying possible bid for Walgreens’s Boots chainAmbani, one of India’s richest men, is in the midst of pivoting his traditionally refining-focused conglomerate toward businesses that will...
- Healthcare & Digital Tools
Scott SnyderOutsider attempts to reinvent healthcare have done little to move the needle despite billions invested in promising concepts li...
Apple to help workers get Covid-19 shots at its officesApple is one of the first large Silicon Valley companies to launch a program to help workers get vaccinated.
Amazon to 'export' logistics successes made in IndiaThey involve roping in local entrepreneurs and tapping neighbourhood grocers, drugstores or other street-corner shops to ensure last-mile d...
Groupon’s COO Kal Raman gets a big raiseRaman was born Kalyana Raman Srinivasan in Mannarkoil village in Tamil Nadu. He moved to Chennai to do engineering at the College of Engine...
- Sun Pharma's US arm launches anticancer injection
Sun Pharmaceutical's US arm Caraco has launched oxaliplatin injections, used in the treatment of cancer, in the American market.
- US drugstore chain Walgreens to cut 1,000 management jobs
US drugstore chain Walgreens said Thursday it would eliminate 1,000 management jobs in fiscal 2009 as it restructures to improve profitabil...
- US drugstore chain CVS buys Caremark for $21bn
Drugstore chain CVS said it was buying pharmacy manager Caremark Rx for $21bn, the latest foray by a group that analysts say aims for a lar...
- US drugstore chains may withstand Wal-Mart plan
WAL-Mart Stores’ plan to sell some generic drugs for just $4 should not impact leading US drugstores Walgreen and CVS as much as initially ...
- HK’s dairy farm in talks with Rahejas
RPG Enterprises, have held discussions with Mumbai-based Rajan Raheja group which owns the retail chain, Globus, to be its joint venture pa...