Skip to content
Search

Latest Stories

Anil Agarwal acquires London's historic Riverside Studios

It will now operate under the name ‘Anil Agarwal Riverside Studios Trust’

Anil Agarwal acquires London's historic Riverside Studios

Anil Agarwal

THE founder and chairman of Vedanta group Anil Agarwal is the new owner of the iconic Riverside Studio in London, a statement said on Wednesday (8).

The 100-year-old studio, which is a renowned global centre for arts and located on the north bank of the river Thames in the centre of London, will now operate under the name ‘Anil Agarwal Riverside Studios Trust’, it informed.


"I have always believed that art has the power to transcend boundaries, unite people, and elevate human experience. Riverside Studios will become a premier global destination for showcasing Indian and global arts and culture.

"I invite Indian artists and the film fraternity to showcase their artistic talent and cinematic depth at this world-renowned venue for a truly enriching experience. Global leaders from various spheres now have an opportunity to enthral the audience with their real-life experiences and journey, here," said Agarwal, who turned a tiny scrap metal business into London-headquartered Vedanta Resources, in a statement.

Boasting an illustrious history, Riverside Studio has hosted performances and artworks by prestigious artists from across the world including the Beatles, David Bowie, Dario Fo and David Hockney.

This foray, according to the statement, highlights Agarwal’s personal commitment to fostering creativity and global cultural exchange. His vision, centred on the #ArtInEveryHeart initiative, seeks to make art universally accessible, emphasising the rich cultural ties between India and the world.

"With immersive performances, exhibitions, and cinematic showcases, the Studios will celebrate diverse heritage while continuing to host world-class productions from across the globe. I look forward to building a space that not only nurtures creativity but also inspires social change,” he added.

(PTI)

More For You

JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less