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Page 22 - Reliance Retail

HC stays single judge order for status quo in Future, Reliance deal

The court also issued notice to Amazon and sought its stand on FRL's appeal by February 26

HC stays single judge order for status quo in Future, Reliance deal
Updated On : 08 Feb 2021 | 6:07 PM IST

Sebi ban on Biyani, others won't impact deal with Reliance: Future Retail

Future Retail said Sebi's one-year ban on its Chairperson Kishore Biyani from the securities market will have 'no impact' on the deal with Reliance

Sebi ban on Biyani, others won't impact deal with Reliance: Future Retail
Updated On : 04 Feb 2021 | 11:01 PM IST

Amazon opposing deal as Reliance is competitor: Future Retail to HC

Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor

Amazon opposing deal as Reliance is competitor: Future Retail to HC
Updated On : 04 Feb 2021 | 7:36 PM IST

Future Retail shares decline 5%; other group stocks also tumble

Shares of Future Retail on Wednesday declined 5 per cent amid concerns related to the deal with Reliance Retail.

Future Retail shares decline 5%; other group stocks also tumble
Updated On : 03 Feb 2021 | 8:18 PM IST

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal

Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal
Updated On : 03 Feb 2021 | 2:38 PM IST

Future Retail files appeal in Delhi HC against status quo order on RIL deal

Following the Tuesday directive, FRL had said it would explore legal recourse

Future Retail files appeal in Delhi HC against status quo order on RIL deal
Updated On : 03 Feb 2021 | 12:25 PM IST

Future to challenge court order blocking retail deal after Amazon objection

An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal

Future to challenge court order blocking retail deal after Amazon objection
Updated On : 03 Feb 2021 | 11:05 AM IST

Top headlines: Budget leaves investors richer, RIL-Future deal hits hurdle

Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard

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Updated On : 03 Feb 2021 | 7:48 AM IST

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal

Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal
Updated On : 03 Feb 2021 | 6:20 AM IST

All parties in Amazon-Future dispute should maintain status quo: Delhi HC

India's Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on Tuesday

All parties in Amazon-Future dispute should maintain status quo: Delhi HC
Updated On : 02 Feb 2021 | 5:41 PM IST

HC asks if Amazon, Future open to resolve issue relating to Reliance deal

The issue relates to a Rs 24,713 crore deal between Future Retail and Reliance Retail

HC asks if Amazon, Future open to resolve issue relating to Reliance deal
Updated On : 01 Feb 2021 | 8:00 PM IST

Future likens Amazon's bid to stall deal to 'ruthless' Alexander the Great

Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing

Future likens Amazon's bid to stall deal to 'ruthless' Alexander the Great
Updated On : 30 Jan 2021 | 2:17 PM IST

HC to Future Group: Respond to Amazon's plea to enforce arbitrator award

The Delhi High Court Friday sought response of Kishore Biyani led Future Retail Ltd (FRL) on a plea by US-based e-commerce giant Amazon

HC to Future Group: Respond to Amazon's plea to enforce arbitrator award
Updated On : 29 Jan 2021 | 8:03 PM IST

Enforce S'pore arbitrator award to hold Future-Reliance deal: Amazon to HC

Amazon urged the Delhi High Court to order enforcement of the award by Singapore's Emergency Arbitrator (EA)

Enforce S'pore arbitrator award to hold Future-Reliance deal: Amazon to HC
Updated On : 28 Jan 2021 | 7:18 PM IST

After exchanges okay Future-Reliance deal, Amazon asks court to block sale

Amazon argues Future breached some pre-existing clauses by entering into a deal with Reliance

After exchanges okay Future-Reliance deal, Amazon asks court to block sale
Updated On : 25 Jan 2021 | 6:16 PM IST
Subdued Q3, few near term triggers to keep RIL stock under pressure
Updated On : 25 Jan 2021 | 1:45 AM IST

Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges

Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged

Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges
Updated On : 22 Jan 2021 | 11:41 PM IST

Reliance Retail pre-tax profit rises 11.8% at Rs 3,102 crore in Q3

The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago

Reliance Retail pre-tax profit rises 11.8% at Rs 3,102 crore in Q3
Updated On : 22 Jan 2021 | 9:32 PM IST

Sebi nod for Future, Reliance deal subject to court proceedings: Amazon

Market regulator had given a go-ahead to Future Group's scheme of arrangement and sale of assets to Reliance for the $3.4 billion deal

Sebi nod for Future, Reliance deal subject to court proceedings: Amazon
Updated On : 21 Jan 2021 | 6:45 PM IST

Future Retail, Future Enterprises hit upper circuit as Sebi clears RIL deal

On the BSE, Future Retail Ltd''s shares hit the upper circuit of Rs 81.35, rising 4.97 per cent over the previous close

Future Retail, Future Enterprises hit upper circuit as Sebi clears RIL deal
Updated On : 21 Jan 2021 | 12:13 PM IST