Page 23 - Reliance Retail

Stock Exchange clears $3.4 bn Future-Reliance deal in setback for Amazon

SEBI has advised that Future should share various details of company's ongoing litigation with Amazon when it approaches India's National Company Law Tribunal

Rebound in petchem, retail business to drive RIL Q3; JioMart road map eyed

JPMorgan would focus on Reliance Industries' management's commentary on Jio Platforms, and Jio Mart rollout

Amazon urges Sebi not to issue NOC for $3.4 bn Future-Reliance deal

The Jeff Bezos-led e-commerce giant has further urged the markets regulator to direct the Indian Stock Exchanges to do the same

Delhi HC issues notice to Future, RIL retail arms on Amazon's plea

The Court issued a notice in the matter and listed it for further hearing on February 12

Biyani sees quick approval of Future's $3.4 bn deal despite Amazon dispute

Future and Amazon are at loggerheads over the Indian group's August deal with Reliance Industries Ltd

A path towards profitability: Online retail buys into private labels

Growing demand for value-for-money products and higher margins make this a profitable growth option

India Inc goes on M&A spree despite Covid, health a key focus area in 2021

BPCL, Air India, airport acquisitions to dominate headlines in New Year

The next online tonic: E-majors, corporate giants eye e-pharmacy business

Amazon, Reliance recently announced their foray into e-pharma sector

Is Reliance Industries' stock consolidating ahead of its next big up move?

The next positive catalyst may be a sharp refining margin recovery, which is more of a H2CY21 story, says JP Morgan

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

The winner in the fight for Future Retail Ltd, Amazon's estranged local partner, will get pole position in the race to meet the daily needs of more than a billion people.

Amazon-Future tussle: Singapore's arbitration court rejects Biyani's plea

The company had pleaded that it be excluded from being a party on account of jurisdiction objection

Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer

The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems

CCI gives nod to Reliance-Future deal amid legal battle with Amazon

The two players have said that they will go ahead with the regulatory process despite Amazon's objections

Competition watchdog clears Reliance-Future Group deal in setback to Amazon

The Competition Commission has approved Reliance's proposed acquisition of retail, wholesale, logistics and warehousing businesses of Future Group. The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August. In a tweet on Friday, the regulator said it has approved "acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Limited and Reliance Retail and Fashion Lifestyle Limited". Deals beyond a certain threshold require approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors. As per the notice submitted to the CCI, there are at least seven target entities. They are Future Enterprises, Future Consumer Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd, Future Market Networks Ltd, Future Supply Chain Solutions Ltd and Futurebazaar India Ltd and its subsidiaries. "The Transferor Companies consists of several

Reliance Retail completes Rs 47,265 cr fund raise for 10% stake sale

Experts say a strategic investor may be inducted later as Reliance Retail prepares to fight Amazon, Walmart-Flipkart and DMart among others

Reliance Retail completes Rs 47,265 cr fundraise from 10.09% stake sale

The investors include high-profile private equity funds and sovereign wealth funds

Top headlines: M-cap to GDP ratio, RBI's liquidity infusion, and more

From market-cap to GDP ration touching highest in 12 quarters, to bond the market's positive reaction to RBI's moves, here are the top headlines on Monday

Reliance Retail buys 96% stake in Urban Ladder for over Rs 182 crore

The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry

Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs 182 cr

RRVL proposes to make a further investment of up to Rs 75 crore. The further investment is expected to be completed by December 2023

Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%

Future Retail admitted in a statement that the Covid-19 pandemic had impacted its business significantly