Page 6 - Reliance Retail

Indian D2C sales could reach $60 bn by FY27: Shiprocket-CII-Praxis study

Many D2C brands have crossed Rs 100 cr in revenue 3-5 years after launch; several orders from tier-2 cities and smaller towns; study projects 1.3 bn smartphone users, 500 mn online shoppers by FY30

Will Amazon be able to overcome challenges to its expansion plans in India?

A tougher global e-commerce environment and repeated policy and regulation problems are raising questions about the company's India expansion plans

Regulations and disclosures

No room for arbitrary distinction between foreign & domestic retailers

Future Retail case: NCLT to continue hearing Amazon's plea on June 14

A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lenders of the company

Top headlines: RBI steps in to save rupee, power crisis deepens, and more

India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government

Reopening 'Future' stores a work in progress for Reliance Retail

A source said there was a possibility that Reliance may trim the sizes of some of its stores and may also look at shutting down some locations

Future Group, its promoters 'orchestrated and committed' fraud, says Amazon

Warns of legal action to block sale of FRL assets to Reliance Retail as part of a $3.4-billion deal

'Demon preaching vedas': Future Rt'l independent directors on Amazon claim

US e-commerce giant had accused them of 'fraudulent stratagem' in transferring 835 stores to Reliance group.

Earnings announcements of Future Retail, Future Lifestyle to be delayed

In the last two months, Future Retail Ltd, the flagship firm of Kishore Biyani-led Future Group, witnessed several top-level exits after the Rs 24,713-crore deal with Reliance Retail was called off

Why is the Indian market a hard nut to crack for foreign retailers?

Metro AG decided to exit India after 19 years. Is Indian market a hard nut to crack for international retail giants? Or India's business model is tilted in favour of local firms? Let us understand

Reliance to acquire several brands in over Rs 50,000 cr consumer goods play

Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months

Reliance Brands signs agreement to retail Tod's in Indian market

Tod's has been operational in India since 2008 with mono-brand stores in DLF Emporio, New Delhi, and Palladium, Mumbai

Reliance Brands signs franchise agreement with Italian luxury brand Tod's

Indian company says it has become the official retailer of the brand across all categories including footwear, handbags and accessories.

RIL Q4 consolidated net profit up 22.5%; FY22 revenue at Rs 7 trillion

Net profit goes past Rs 60,000 crore

Reliance Retail's net profit declines 4.8% to Rs 2,139 cr in March quarter

Reliance Retail said it delivered its best-ever quarterly revenues, which even surpassed the festive quarter performance despite the Omicron wave and coming out from the festive quarter

Reliance Retail pre-tax profit rises 2.43% to Rs 3,705 crore in Q4

The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal

Future Retail MD Rakesh Biyani steps down, Company Secretary resigns

The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal

Future Group shares continue to fall for second day; down up to 20%

With the proposed deal with Reliance falling through, investors have been dumping the shares of Future Group since Monday even as the broader market made substantial gains

Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal

FRL's offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100% payment, while local lenders were asked to take a haircut

Top headlines: Twitter 'to accept' Musk offer, CII predicts GDP growth

Russia-Ukraine war may expose 42% India firms to significant risks, global rating agency Moody's said on Monday. Read this and other important stories this evening.