Amazon and Future agreed to out-of-court settlement discussions this month, but the two sides told India's Supreme Court on March 15 they had failed to resolve the matter
Consumer Affairs Secretary Rohit Kumar Singh on Tuesday stressed that there should not be a situation of monopoly by large e-commerce players like Amazon and Flipkart
Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022
Covid-19 did what innumerable seminars on investor education could not do for over two and a half decades.
The net profit for the quarter of Reliance Retail was Rs 1,695 crore - higher by 74.2 per cent year-on-year
The company said it witnessed a strong recovery in demand after the second wave across the formats, with sales moving swiftly close to pre-pandemic levels in August and September
Category wise, consumer durables and electronics; food and groceries and quick service restaurants (QSR) have fully recovered and are indicating double digit growth on pre-pandemic levels
After a massive disruption during the second wave of Covid-19, retail activities in the country have started recovering steadily
Power generation and freight growth slow down
The firm is playing a key role in the success of many local and small brands by helping bridge the gap between them and Kiranas and retailers that sell to the masses.
Retail sales across the country continued to recover in July
Power generation also registers a surge; 20% higher than in 2019
Retail & recreation visits at nearly 60% of normal times
Profit for the quarter also surged on the back of strong operational performance
Retail sector, which was severely impacted by the first wave of pandemic, has seen robust revival in hiring that saw an uptick of more than 15 per cent in March
IndiGo, the country's largest airline, is in talks with Airbus to finalise a deal to acquire up to five A321 converted freighters amid a burgeoning air cargo market
A lion's share will be the offline+online model, the report said
Away from this high-profile fight for the ordinary Indian's wallet, a different contest is shaping up for control of what goes on shop shelves
Plan is in alignment with Amazon's global vision of hiring 25,000 military veterans by 2025
Amazon had last week filed the application before the Mumbai-bench of the NCLT