Page 19 - Reliance Retail

Top headlines: RRVL picks up stake in Dunzo; setback for 'Vibrant Gujarat'

Business Standard brings you the top headlines on Thursday

Reliance Retail to invest $200 mn in delivery firm Dunzo for 25.8% stake

Currently, Dunzo is available across 7 metro cities in India and the additional capital will be used to expand the quick commerce business to 15 cities

LIVE: West Bengal govt extends existing Covid restrictions up to Jan 15

Restrictions related to the movement of people and vehicles between 11 pm and 5 am shall be relaxed for Christmas and New Year celebrations

Reliance Retail sales up 10.5% to Rs 45,460 crore in September quarter

The net profit for the quarter of Reliance Retail was Rs 1,695 crore - higher by 74.2 per cent year-on-year

Amazon moves Supreme Court against Future Group shareholders' meet

Amazon has sought the top court's direction to set aside the NCLT order that allowed Future Group firms to hold EGMs for Reliance Retail deal

Retail, digital growth may drive Reliance Industries' Q2 earnings

The company's retail business EBITDA is seen rising with fashion, jewellery and electronics sales recovering and margins inching towards pre-pandemic levels, said brokerages

Reliance Retail acquires 52% stake in designer Ritu Kumar's company

Reliance Retail did not disclose financial details, but said the acquisition included buying out the 35% stake held by Everstone Capital in Ritika Pvt Ltd, the company that owns Ritu Kumar brands

NCLT allows Reliance Retail's shareholders to hold meetings for Future deal

The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later

Reliance Retail bridging gaps in ambitions to create a retail juggernaut

Unlike its competitors, RR's overarching presence in all key related goods and services that has potential to influence buying patterns is its biggest advantage

Future group firms convene shareholder meetings to seek nod for RIL deal

The scheme of arrangement between Future and Reliance Retail, announced in August last year entails consolidation of Future Group's 19 companies into one entity -- Future Enterprises Ltd.

Reliance Retail Ventures brings 7-Eleven to India after Future exit

First convenience store set to open tomorrow in Andheri East

Reliance Retail to launch 7-Eleven stores in India after Future Group exit

Future had agreed to sell its retail assets to Reliance, but the deal hit a roadblock after Amazon.com challenged it.

Future Retail, 7-Eleven terminate franchise agreement after payment default

In a statement to the stock exchanges, Future Retail said no financial or business impact on the company is expected as the arrangement was at the subsidiary company level

Reliance Retail extends deadline by 6 months to complete Future buyout

'Reliance Retail Ventures Limited extended the timeline for Long Stop Date from September 30, 2021 to March 31, 2022,' says Future Retail

NCLT allows Future Group to hold EGMs to sell businesses to Reliance

Will seek shareholder approval to sell assets to Reliance Retail

Traders protest; Reliance says no plan to set up 100 retail stores in Jammu

Traders and Apni Party activists on Tuesday staged separate protests against the proposed opening of 100 Reliance retail stores in Jammu, a claim which the company said is completely untrue

Nokia launches budget smartphone 'C01 Plus' in India

The Nokia C01 Plus comes with a 3000mAh battery that is said to last up to a day.

FRL-RIL deal: SC asks NCLT, CCI, Sebi not to pass final orders for 4 weeks

SC stays all proceedings for attachment pending before Delhi High Court

Reliance Retail becomes second-largest customer of Future Consumer

Reliance Retail has become the second-largest customer of the Kishore Biyani-led Future group's FMCG arm Future Consumer, contributing over one-fourth of the total sales of the company.

Street signs: Arbitrage opportunity in Just Dial, TJL stock gains & more

Broking firms are advising their retail clients to buy shares of Just Dial to gain from the arbitrage opportunity created by the open offer launched by the arm of Reliance Industries