While Mukesh Ambani-led RIL posted a 108 per cent year-on-year (YoY) rise in profit after tax for the fourth quarter of FY21 at Rs 13,227 crore, it fell short of Bloomberg estimates of Rs 13,704 crore
Profit for the quarter also surged on the back of strong operational performance
The oil-to-telecom conglomerate's revenue from operations rose 11 per cent to Rs 1.54 trillion as compared to Rs 1.39 trillion in the year-ago period
Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat
Future Retail says it got communication from Amazon that it has filed Special Leave Petition before Supreme Court
Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Biyani-led Future to buy its retail and wholesale business
Reliance plans to keep expanding and promoting its private labels - even in non-food segments - via its own supermarkets and kiranas
The Delhi High Court stayed a single judge's order restraining Future Retail from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by Amazon
The world's largest retailer is permeating the complex tapestry of the only billion-people-plus market open to it
The Delhi High Court Thursday upheld the Singapore Emergency Arbitrator's (EA) order
Reliance Industries' stock: Among 36 analysts' recommendations on Bloomberg, 24 recommend buying the stock
Aditya Birla Fashion, which has acquired Sabyasachi, Tarun Tahiliani, and Shantanu & Nikhil brands in recent transactions, proposes to take these names to a wider audience
Traders' body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to 'back off' from blocking the Reliance-Future Group deal
A bench comprising Justices R F Nariman and B R Gavai issued notices to Future Retail Ltd, Chairperson Kishore Biyani and others and sought their replies
Amazon had last week filed the application before the Mumbai-bench of the NCLT
A New Delhi court this week dealt a blow to the U.S. firm by revoking a previous court decision that effectively blocked the deal
The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction
Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men
The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India
Court notes that Future Retail wasn't party to arbitration agreement with Amazon and prima facie "group of companies" doctrine can't be invoked in this case