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Reliance Retail Ventures

Retail

Deal with RIL in line with Indian laws, not party to agreement with Amazon: Future

IANS -
After a Singapore arbitration court ordered a temporary stay on Reliance Retail's acquisition of the debt laden Future Group's retail business, the latter has said that the deal with Reliance Retail is in consonance with Indian laws. It further said...
Retail

Future-RRVL deal stalled; RRVL says 'intend to enforce rights & complete transaction'

IANS -
E-commerce major Amazon has got a favourable ruling in Singapore regarding the Reliance Retail's buyout of the debt-laden Future Group as the deal has been temporarily stalled. Reliance Retail Ventures Ltd in a statement said that it has entered into...
Retail

Reliance Retail asset monetization picks up pace

IANS -
Retail asset monetization is picking up pace as private equity firm KKR announced a Rs 55.5 billion ($ 0.75 billion) investment in Reliance Retail for a 1.28 percent stake implying a pre-money equity value of US$ 57 billion. According to...
Retail

Reliance Retail acquires retail and wholesale business and logistics and warehouse business of the Future Group

Indiaretailing Bureau -
Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, today announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis...
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