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106 Results Found
  • SEBI order won't impact deal with Reliance: Future Group Feb 03, 2021 11:02 PM IST

    SEBI order won't impact deal with Reliance: Future Group

    Kishore Biyani, other people and entities involved were also slapped with a penalty of Rs 3.7 crore.

  • Amazon vs Future Retail | Amazon is going all out to create ruckus: Kishore Biyani Jan 29, 2021 10:40 PM IST

    Amazon vs Future Retail | Amazon is going all out to create ruckus: Kishore Biyani

    Kishore Biyani, while referring to the Amazon-Future Retail deal, said this was a corporate battle being fought for supremacy over Indian customers.

  • Amazon vs Future Retail | Restraining of FRL-Reliance Retail deal may lead to job losses: Harish Salve Jan 29, 2021 10:30 PM IST

    Amazon vs Future Retail | Restraining of FRL-Reliance Retail deal may lead to job losses: Harish Salve

    Referring to the agreement between Future Coupons Private Limited (FCPL) and Amazon, eminent lawyer Harish Salve argued that the real intention of Amazon - as it shows - was to blow smoke in the eyes of the Indian authorities.

  • Reliance Retail Q3 revenues stood at Rs 33,018 crore; added over 50,000 new jobs Jan 22, 2021 08:51 PM IST

    Reliance Retail Q3 revenues stood at Rs 33,018 crore; added over 50,000 new jobs

    Value of Sales and Services for 3Q FY21 decreased by 8 percent on a QoQ basis to Rs 37,845 crore while EBITDA for 3Q FY21 increased by 54 percent QoQ to a record Rs 3,087 crore.

  • RIL Q3: Profit up 40% on robust revival in O2C, retail segments; Jio ARPU grows to Rs 151 Jan 22, 2021 07:54 PM IST

    RIL Q3: Profit up 40% on robust revival in O2C, retail segments; Jio ARPU grows to Rs 151

    Reliance Industries delivered strong operational results in Q3 with a robust revival in O2C and Retail segments, and a steady growth in Digital Services business.

  • Future Group-Reliance Industries deal gets SEBI approval Jan 20, 2021 10:37 PM IST

    Future Group-Reliance Industries deal gets SEBI approval

    The SEBI, in its letter issued on January 20 which approved the deal, listed a number of conditions in accordance to the Composite Scheme of Arrangement.

  • Reliance Retail to engage kiranas for direct-to-consumer sales through JioMart: Report Jan 12, 2021 01:00 PM IST

    Reliance Retail to engage kiranas for direct-to-consumer sales through JioMart: Report

    Reliance Retail will, however, continue sale of perishable goods from its stores for products such as fruits and vegetables or products with low shelf life.

  • Reliance Retail showcases over 40,000 artisan-crafted products during festive season, expands Vocal for Local mission Nov 23, 2020 06:43 PM IST

    Reliance Retail showcases over 40,000 artisan-crafted products during festive season, expands Vocal for Local mission

    Through its Vocal of Local mission, Reliance Retail now engages more than 30,000 craftsmen, representing over 600 art forms across a wide spectrum of clothing, textiles, handicrafts, and handmade natural goods

  • Amazon has no right to control any voting in FRL, its representations are false: Harish Salve tells Delhi High Court Nov 20, 2020 06:46 PM IST

    Amazon has no right to control any voting in FRL, its representations are false: Harish Salve tells Delhi High Court

    Delhi High Court reserves order; asks parties to the suit to file written submissions by Monday

  • CCI approves Future Group-Reliance Retail deal in a setback to Amazon Nov 20, 2020 06:21 PM IST

    CCI approves Future Group-Reliance Retail deal in a setback to Amazon

    Earlier in August, Mukesh Ambani-led Reliance Industries Ltd had announced the acquisition of retail businesses of Kishore Biyani's Future Group for Rs 24,713 crore

  • Reliance Retail completes Rs 47,265 crore fundraise from 10.09% stake sale Nov 19, 2020 07:21 PM IST

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

    Since September 25, the company has sold 10.09 percent stake in RRVL to private equity firms Silver Lake Partners, KKR, GIC, TPG and General Atlantic, as well as sovereign wealth funds Mubadala, Abu Dhabi Investment Authority and PIF.

  • Amazon seeks control of Future Group's assets worth Rs 30,000 crore with Rs 1,431 crore investment Nov 16, 2020 04:40 PM IST

    Amazon seeks control of Future Group's assets worth Rs 30,000 crore with Rs 1,431 crore investment

    Amazon's investment exposure is limited to Rs 1,431 crore in Future Coupons Ltd (FCL) alone

  • Moneycontrol Analysis | Amazon-Future deal: Tail wagging the dog Nov 16, 2020 03:36 PM IST

    Moneycontrol Analysis | Amazon-Future deal: Tail wagging the dog

    With just Rs 1,431 crore in investment, Amazon is trying to control assets worth more than twenty times as much.

  • Sebi may rebuff Amazon on Future-Reliance deal Nov 12, 2020 06:18 PM IST

    Sebi may rebuff Amazon on Future-Reliance deal

    The regulator is unlikely to pay heed to Singapore arbitrator’s interim ruling holding up the deal between Indian companies,

  • Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake Nov 06, 2020 06:54 PM IST

    Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake

    Saudi Arabia’s Public Investment Fund announced an investment of Rs 9,555 crore in Reliance Retail for a 2.04 percent stake.

  • PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore Nov 05, 2020 04:13 PM IST

    PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore

    The investment by PIF, a sovereign wealth fund, in Reliance Retail Ventures (RRVL) follows its earlier acquisition of 2.32% of Jio Platforms, the digital unit of Reliance Industries. RIL has so far sold 10.09% in RRVL for a total Rs 47,265 crore.

  • Reliance Retail's Q2 revenue declines 4.93% YoY to Rs 39,199 crore Oct 30, 2020 08:33 PM IST

    Reliance Retail's Q2 revenue declines 4.93% YoY to Rs 39,199 crore

    Operating profit margin fell 13.77 percent to Rs 2,009 crore.

  • Amazon-Future Retail spar over violation of confidentiality clause Oct 28, 2020 01:30 PM IST

    Amazon-Future Retail spar over violation of confidentiality clause

    The conflict is over reports suggesting a Singapore arbitration panel order has been seen by some, even as it has still not been released in the public domain.

  • Amazon wins interim relief; Future-Reliance Retail deal put on hold Oct 25, 2020 10:44 PM IST

    Amazon wins interim relief; Future-Reliance Retail deal put on hold

    Amazon believes Future Group violated the contract by entering into the deal with rival Reliance. The deal would have helped Reliance almost double its footprint as India's largest retailer.

  • RIL receives Rs 5,512.5 crore from GIC for Reliance Retail, company allots shares Oct 17, 2020 04:00 PM IST

    RIL receives Rs 5,512.5 crore from GIC for Reliance Retail, company allots shares

    Earlier this month, the firm had announced the deal with the investment equity firm which valued Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.

  • RIL receives Rs 5,550 crore from KKR for Reliance Retail, company allots shares Oct 15, 2020 09:33 AM IST

    RIL receives Rs 5,550 crore from KKR for Reliance Retail, company allots shares

    Last month, the firm had announced the deal with the private equity firm which valued Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore.

  • ADIA-Reliance Retail Deal: Abu Dhabi's sovereign fund to invest Rs 5,512.5 crore in RIL's retail arm Oct 06, 2020 06:45 PM IST

    ADIA-Reliance Retail Deal: Abu Dhabi's sovereign fund to invest Rs 5,512.5 crore in RIL's retail arm

    Mukesh Ambani's Reliance Retail has now raised a combined Rs 37,710 crore from leading global investors such as Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks.

  • Reliance Retail | Heightened investor interest points to significant potential of retail franchise Oct 05, 2020 12:03 PM IST

    Reliance Retail | Heightened investor interest points to significant potential of retail franchise

    Monetisation in Reliance Retail gathers pace

  • GIC, TPG to invest combined Rs 7,350 crore in Reliance Retail Oct 03, 2020 09:16 AM IST

    GIC, TPG to invest combined Rs 7,350 crore in Reliance Retail

    The investments from GIC and TPG value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.

  • TPG-Reliance Retail deal: Global investment company to inject Rs 1,837.5 crore for 0.41% of RIL unit Oct 03, 2020 01:29 AM IST

    TPG-Reliance Retail deal: Global investment company to inject Rs 1,837.5 crore for 0.41% of RIL unit

    This marks the second investment by TPG in a subsidiary of Reliance Industries, after a Rs 4,546.8 crore investment in Jio Platforms announced earlier this year. Reliance Retail has so far raised Rs 32,197.5 crore from a clutch of global investors in exchange for a combined 7.28 percent stake.

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