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  • Future Retail-RIL deal case: SC judge offers to recuse from hearing, parties say no objection Nov 11, 2021 09:15 PM IST

    Future Retail-RIL deal case: SC judge offers to recuse from hearing, parties say no objection

    The dispute over the merger deal has seen several rounds of litigations after SIAC passed the EA in favour of the US firm on October 25, 2020 staying the merger.

  • Reliance Industries stock outlook is optimistic after Q2 results Oct 25, 2021 01:11 PM IST

    Reliance Industries stock outlook is optimistic after Q2 results

    Many of Reliance’s businesses are seen to be on a strong footing. Investors seem to be capturing a good portion of this optimism into the share price, which has increased by 32 percent year-to-date.

  • Reliance Retail back to pre-COVID levels led by strong growth in fashion and lifestyle categories Oct 22, 2021 10:07 PM IST

    Reliance Retail back to pre-COVID levels led by strong growth in fashion and lifestyle categories

    The retail arm of Reliance Industries posted an 11 percent year-on-year jump in its revenues to Rs 45,426 crore for the second quarter-ended September, while net profit jumped by 74 percent to Rs 1,695 crore as compared to the same period last year.

  • Reliance Retail Q2 Result | Net profit rises 74% to Rs 1,695 crore, revenue grows 11% to Rs 45,426 crore Oct 22, 2021 08:45 PM IST

    Reliance Retail Q2 Result | Net profit rises 74% to Rs 1,695 crore, revenue grows 11% to Rs 45,426 crore

    EBITDA jumped 50 percent to Rs 2,913 crore from Rs 1,941 crore in the previous quarter. On a YOY basis, it increased by 45 percent from Rs 2,006 crore.

  • Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon Oct 22, 2021 12:48 PM IST

    Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

    Amazon has been locked in a tussle with Future and accuses it of breaking contracts when it sold its retail assets to Indian market leader Reliance last year. Future denies any wrongdoing

  • Why designer labels have caught the fancy of retail majors Oct 20, 2021 07:16 PM IST

    Why designer labels have caught the fancy of retail majors

    Reliance Retail on Tuesday announced it has bought a majority stake in designer label Ritu Kumar. This is the second investment by the company in a couture brand in just a week’s time.

  • Reliance Retail acquires 52% stake in Ritu Kumar brand Oct 19, 2021 06:17 PM IST

    Reliance Retail acquires 52% stake in Ritu Kumar brand

    This is second investment by Reliance Industries in a designer brand in a week’s span. Earlier on Friday, Reliance Brands had signed a definitive agreement to invest in founder and creative director Manish Malhotra’s eponymous brand for a 40 percent minority stake.

  • Reliance gets NCLT permission to seek creditors’ nod for proposed deal with Future Group Oct 18, 2021 05:05 PM IST

    Reliance gets NCLT permission to seek creditors’ nod for proposed deal with Future Group

    Granting Reliance Retail Ventures Limited (RRVL) the permission, the NCLT set aside objections raised by Amazon terming them as “premature”.

  • Avenue Supermarts (D-Mart): What should investors do, post the stellar run-up? Oct 18, 2021 09:59 AM IST

    Avenue Supermarts (D-Mart): What should investors do, post the stellar run-up?

    D-Mart posted strong results for Q2FY22. With a steep reduction in COVID-19 cases, store operations have normalised, and the company is on track to resume strong earnings growth trajectory

  • With FreshPik, Reliance Retail marks its foray into ultra-premium grocery segment Oct 14, 2021 09:45 PM IST

    With FreshPik, Reliance Retail marks its foray into ultra-premium grocery segment

    The range of food items offered at Freshpik include staples; freshly picked fruits and vegetables – with specially curated exotic and organic varieties and live microgreens; essential ingredients for international cuisines such as Italian, Thai, Japanese, Korean.

  • Reliance Retail to open 7-Eleven stores in India: Five things to know about the retail chain Oct 07, 2021 02:13 PM IST

    Reliance Retail to open 7-Eleven stores in India: Five things to know about the retail chain

    Reliance Retail is all set to launch the first 7-Eleven store in Andheri East in Mumbai on October 9. The company plans to introduce several more stores under the brand in the Greater Mumbai cluster in near future.

  • Reliance Retail extends deadline for Future deal by six months Oct 01, 2021 07:07 PM IST

    Reliance Retail extends deadline for Future deal by six months

    The company had earlier extended the deadline for the Rs 24,713 crore deal by six months in April.

  • Future Group gets NCLT nod to hold meetings for sale of assets to Reliance Sep 28, 2021 07:25 PM IST

    Future Group gets NCLT nod to hold meetings for sale of assets to Reliance

    In the order issued on September 28, the NCLT asked the Future Group to propose a suitable date to hold the extraordinary general meeting (EGM) of the shareholders and creditors to seek their approval for the sale of its assets to Reliance Retail for a consideration of Rs 24,713 crore.

  • Reliance Retail ventures into online cosmetics business ahead of Nykaa’s IPO Sep 27, 2021 11:33 AM IST

    Reliance Retail ventures into online cosmetics business ahead of Nykaa’s IPO

    Reliance Retail plans to launch an online marketplace as well as a chain of offline stores to sell personal care and cosmetics products, according to report in a business daily. The venture has the potential to disrupt the personal care and cosmetics products market, experts say.

  • Retail biggies make a beeline for ethnic wear market in India Sep 16, 2021 06:02 PM IST

    Retail biggies make a beeline for ethnic wear market in India

    Reliance Retail last week announced the launch of its ethnic wear brand Avantra. Aditya Birla Fashion and Retail Retail, which has mainly catered to the Western wear market in the past, acquired stakes in eponymous ethnic labels like Tarun Tahiliani and Sabyasachi earlier this year. Titan Company, too, is engaged in a renewed push of its ethnic range under Taneira. Why has the Rs. 1.5 lakh crore ethnic wear market attracted these retail giants now?

  • Reliance Retail launches saree, ethnic wear concept designed for women Sep 09, 2021 09:13 PM IST

    Reliance Retail launches saree, ethnic wear concept designed for women

    Avantra by Trends is being positioned as the first pan-India brand that will build presence in Metros, Tier 1, Tier 2 & Tier 3 markets with a plan to launch around 30 stores by the end of the current financial year across southern states before expanding into other states.

  • Reliance Retail acquires sole control of Just Dial Ltd Sep 02, 2021 07:35 PM IST

    Reliance Retail acquires sole control of Just Dial Ltd

    Reliance Retail Ventures Ltd now holds 40.98% in Just Dial Ltd.

  • Future Retail files new case against Amazon in Supreme Court over $3.4 billion deal Aug 28, 2021 05:21 PM IST

    Future Retail files new case against Amazon in Supreme Court over $3.4 billion deal

    The Supreme Court this month dealt a blow to Future when it said an interim decision by a Singapore arbitrator in October 2020 that put its deal with Reliance Industries on hold - following Amazon's complaint - was valid in India.

  • Future Coupons moves Supreme Court, files Special Leave Petition Aug 12, 2021 06:24 PM IST

    Future Coupons moves Supreme Court, files Special Leave Petition

    Future Coupons on August 12 moved the Supreme Court, challenging the Delhi High Court order that directed attachment of assets

  • Future Retail to pursue all options to conclude deal with Reliance, to protect interests of stakeholders and workforce Aug 06, 2021 03:53 PM IST

    Future Retail to pursue all options to conclude deal with Reliance, to protect interests of stakeholders and workforce

    The company plans to file a special leave petition in the Supreme Court and seek relief from the Delhi High Court to proceed with the transaction

  • How the Amazon, Future Retail saga unfolded in multiple courts Aug 06, 2021 03:36 PM IST

    How the Amazon, Future Retail saga unfolded in multiple courts

    Amazon which holds a 49% stake in Future Group promoter Future Coupons objected to the Rs 24,713 crore deal between Future Retail and Reliance by moving the Singapore International Arbitration Centre in October 2020. The tussle continued across the Delhi HC and SC.

  • Reliance Retail to buy out Subway India for Rs 1,488-1,860 crore: Report Aug 02, 2021 09:49 AM IST

    Reliance Retail to buy out Subway India for Rs 1,488-1,860 crore: Report

    Subway has been looking to streamline its India business by collaborating with local partners to do away with the current regional master franchisees and individual networks.

  • Reliance Retail doubles its revenue from digital channels Jul 25, 2021 01:28 PM IST

    Reliance Retail doubles its revenue from digital channels

    The retail major has taken several initiatives over the past year to push sales from e-commerce, right from introducing JioMart to the recent move of acquiring JustDial.

  • Reliance Retail Q1 Results 2021 | Firm's net profit surges 123% YoY to Rs 962 crore; EBITDA grows 80% Jul 23, 2021 07:58 PM IST

    Reliance Retail Q1 Results 2021 | Firm's net profit surges 123% YoY to Rs 962 crore; EBITDA grows 80%

    Reliance Retail experienced significant disruptions in store and logistical operations during the quarter on account of the pandemic, however, digital commerce came to its rescue.

  • Reliance Just Dial Deal | Here's how VSS Mani built the 'Indian Google' Jul 16, 2021 09:03 PM IST

    Reliance Just Dial Deal | Here's how VSS Mani built the 'Indian Google'

    With the Reliance Just Dial deal being announced, here's a lookback at how VSS Mani launched Just Dial in 1996 with a seed capital of Rs 50,000. With just six employees and a few rented computers in a pokey garage, the 29-year-old entrepreneur was determined to revolutionise information search media.

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