THE WHAT? The Abu Dhabi Investment Authority (ADIA) has upped its stake in Reliance Retail. The UAE-based firm will purchase an additional 0.6 percent in Ambani’s empire, for ₹49.7 billion.
THE DETAILS Bloomberg reports that the deal values Reliance Retail at ₹8.38 trillion and is ADIA’s third investment in Reliance since 2020. Other investors include KKR and Qatar Investment Authority.
THE WHY? Reliance Retail has been steadily beefing up its portfolio in a bid to rival the likes of Amazon and Walmart. Owner Mukesh Ambani told shareholders in August that the company was seeking further international investment, per Bloomberg.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
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Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
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Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
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Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
