Aramco also not in fray; actual number bids not revealed but sources say three of four have been received
Given the uncertain demand scenario, the investors are weighing if BPCL acquisition makes sense
The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry
Billionaire Mukesh Ambani-owned Reliance Industries' retail arm has picked up 96% stake in online furniture retailer Urban Ladder for over Rs 182 crore
RRVL proposes to make a further investment of up to Rs 75 crore. The further investment is expected to be completed by December 2023
In a filing to stock exchanges, Reliance said it would make the investment in tranches over the next 8 to 10 years
Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?
RIL shores up the numbers, with $17 bn through PE, sovereign funds in 3 deals
The capital contribution commitment of $50 million constitutes 5.75 per cent of the size of the fund contemplated at present, said the company in a regulatory filing
Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.
The case deals with Future Retail's suit against Amazon in a matter related to the interim order passed by an Emergency Arbitrator in Singapore.
'Amazon needs a "tutorial on the law on insider trading,' the company said
Deals beyond a certain threshold require approval from the CCI, which keeps a tab on unfair business practices across sectors
Ratcheting up competition, Ambani's portals are offering blockbuster discounts of as much as 50% on sugary confections and other holiday staples like spice mixes for India's rice delicacy, biryani
Prabhat Singh was appointed Managing Director and CEO of Petronet on September 14, 2015, for an initial period of five years
The deal, estimated to be about $15 billion as of August last year, had stalled over price
The Future group firm has contended that Amazon is "misusing" the interim order passed by an emergency arbitrator of the Singapore International Arbitration Centre (SIAC) on October 25, 2020.
Reliance head Mukesh Ambani and Indian Oil Corp Chairman Shrikant Vaidya will join over 30 world leaders from oil, gas and petrochemical industries to discuss post-Covid-19 economic recovery
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