Page 14 - Reliance Retail

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

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