This diversified conglomerate kept a rather low profile during the lockdown. But now all of a sudden it has become a hotbed of M&A activity. One of its arms, which houses many lifestyle brands, recently raised funds. Another arm in a bleeding sector is close to sealing much-needed funds. That’s not all — buzz is that one can expect the same in the financial services vertical while another unit will launch an internal rejig. As we are talking about the buzz in the group, there’s one more, albeit nothing to do with deals. After waiting for three hours for a meal at a US restaurant, the better half and children of this conglomerate’s head honcho took to Twitter and pulled up the eatery for its ‘racist’ behavior by a ‘rude’ waiter.