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Feb 03, 2021 11:02 PM IST Kishore Biyani, other people and entities involved were also slapped with a penalty of Rs 3.7 crore.
Jan 29, 2021 10:40 PM IST Kishore Biyani, while referring to the Amazon-Future Retail deal, said this was a corporate battle being fought for supremacy over Indian customers.
Jan 29, 2021 10:30 PM IST 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.
Jan 22, 2021 08:51 PM IST 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.
Jan 22, 2021 07:54 PM IST 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.
Jan 20, 2021 10:37 PM IST 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.
Jan 12, 2021 01:00 PM IST 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.
Nov 23, 2020 06:43 PM IST 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
Nov 20, 2020 06:46 PM IST Delhi High Court reserves order; asks parties to the suit to file written submissions by Monday
Nov 20, 2020 06:21 PM IST 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
Nov 19, 2020 07:21 PM IST 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.
Nov 16, 2020 04:40 PM IST Amazon's investment exposure is limited to Rs 1,431 crore in Future Coupons Ltd (FCL) alone
Nov 16, 2020 03:36 PM IST With just Rs 1,431 crore in investment, Amazon is trying to control assets worth more than twenty times as much.
Nov 12, 2020 06:18 PM IST The regulator is unlikely to pay heed to Singapore arbitrator’s interim ruling holding up the deal between Indian companies,
Nov 06, 2020 06:54 PM IST Saudi Arabia’s Public Investment Fund announced an investment of Rs 9,555 crore in Reliance Retail for a 2.04 percent stake.
Nov 05, 2020 04:13 PM IST 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.
Oct 30, 2020 08:33 PM IST Operating profit margin fell 13.77 percent to Rs 2,009 crore.
Oct 28, 2020 01:30 PM IST 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.
Oct 25, 2020 10:44 PM IST 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.
Oct 17, 2020 04:00 PM IST 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.
Oct 15, 2020 09:33 AM IST 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.
Oct 06, 2020 06:45 PM IST 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.
Oct 05, 2020 12:03 PM IST Monetisation in Reliance Retail gathers pace
Oct 03, 2020 09:16 AM IST The investments from GIC and TPG value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
Oct 03, 2020 01:29 AM IST 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.
