Page 24 - Reliance Retail

Future Retail breached terms of contract: Amazon lawyer tells court

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.

Saudi Arabia's wealth fund buys 2.04% stake in Reliance Retail Ventures

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud (colloquially known as MBS) is the chairman of PIF

Top headlines: Trump sues in 3 states, Saudi fund to invest in RIL unit

From S&P downgrading Tata Motors to Trump suing in 3 states to contest US election result, Business Standard brings you top news of the evening

Saudi Public Investment Fund to invest Rs 9,555 crore in Reliance Retail

This investment values Reliance Retail Ventures Limited (RRVL) at a pre-money equity value of Rs 4.587 trillion

SIAC order on Rs 24,713-cr RIL deal not enforceable, binding: Future Retail

Last Sunday, the SIAC passing an interim award in favour of Amazon had asked the Future group to put the deal on hold and said that the deal cannot go through until it finally decides the matter.

Reliance Retail narrows revenue dip in Q2, says business normalising

The company said that 85 per cent of its stores were operational now

Amazon vs RIL for Future: What's at stake & what's next in the retail war?

According to the sources, Future group has been told not to proceed with its sale of shares to RIL till the outcome of the arbitration process

Amazon asks Sebi, bourses to note arbitration ruling on Future-RIL deal

The sources said that Amazon has shared a copy of the interim judgement with Sebi, BSE and NSE

Amid battle with Amazon, Future Retail sees liquidation if RIL deal fails

he dispute centres around FRL's decision in August to sell its retail, wholesale, logistics and some other businesses to Reliance for $3.38 billion, including debt

Top headlines: Future Group stocks under pressure; taxes on fuel may rise

Business Standard brings to you a snapshot of events which made it to the news on Monday

Future Retail hints at challenging arbitration order against Reliance deal

In a statement to Indian stock exchanges on Monday, Future Retail said it was not party to the agreement under which Amazon had invoked arbitration proceedings

Future Group may challenge arbitration award putting RIL deal on hold

Future Group said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

Top headlines: SAT clearing more cases in Covid; auto firms witness growth

From SAT clearing more cases now than before Covid-19 pandemic to new takers for RBI's debt restructuring scheme, here are top headlines this morning

Verdict on Amazon arbitration plea over Future-RIL deal expected soon

Rajah, former Attorney General of Singapore, is expected to deliver his judgment in the next few days, the sources said

Reliance deals accounted for 40% of all PE-VC investments in Jan-Sep 2020

Overall, private equity and venture capital firms' investments in Indian companies during the first nine months of 2020 declined 21% by value on a year-on-year basis

Reliance's Mukesh Ambani loses interest in Debenhams, says report

Reliance had denied previous reports that it was in talks to buy all or part of Debenhams. Multiple parties remained interested in the firm, according to paper

Future group, Amazon to initiate arbitration proceedings over RIL deal

Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd

Top headlines: Retailers defy pandemic woes, Vistara explores Intn'l routes

From retailers adding new stores in pandemic to the crisis at Lakshi Vilas Bnak, here are top headlines this morning

Reliance Retail to Titan, retailers defy pandemic woes to add new stores

Top firms setting up outlets even as consumers remain cautious

Top headlines: LVB gets non-binding offer from Clix, Future Group vs Amazon

From Lakhsmi Vilas Bank getting non-binding offer from Clix to India's richest getting richer amid lockdown, Business Standard brings you the top headlines of the day