Reliance Retail
Retail
Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High Court
Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre (SIAC) was of...
Retail
HC seeks Amazon reply on Future Retail plea to restrain it from interfering in Reliance deal
The Delhi high court on Tuesday sought Amazon's response on a plea by Kishore Biyani led Future Retail Ltd (FRL) alleging that the e-commerce major was interfering in its deal with Reliance Retaion the basis of an interim order...
Retail
Reliance Retail Ventures raises more than US$ 6 bn since Sept
IANS -
Public Investment Fund (PIF) Saudi Arabia has invested in Reliance Retail Ventures Limited (RRVL) at a pre-money valuation of Rs 4.59 trillion (US$ 62.4 billion), which is 7-9 percent higher than earlier investments in RRVL.
According to a research by...
Retail
Amazon flexes muscles but Reliance holds deep war chest
IANS -
The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of Future Group in India has once again exposed the ambition of the so-called ‘gatekeeper for e-commerce’ to keep the reins...
Retail
Future Retail may challenge order stalling deal with RIL
IANS -
Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL).
In a statement, Future Retail said that all the...
Retail
Winning in the New Normal: How retailers can engage customers across all channels
As India moves to a new normal post-COVID-19, consumers will move from traditional in-store shopping to click-&-collect", Home Delivery and "Touchless In-Store Experiences". To win in this new normal, retailers must set up engagements across all channels quickly and...
Retail
Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown
IANS -
The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.
Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said.
Rajah, former...
Food
Amid e-tail battle, D-Mart turns 2 stores into fulfilment centres
IANS -
As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a massive potential to disrupt the space, Radhakishan Damani-led D-Mart also is giving a major emphasis on the online segment.
DMart has shut...
Research
Powered by Reliance deals, M&As up 6 pc in Q3 at US$ 21.6 bn
The deal street has come out of the record lows in the pandemic-washed out June quarter with transaction value growing almost 6 percent to US$ 21.64 billion in the third quarter, thanks to a string of equity sales by...
Retail
Future Group seeks mediation over Amazon's legal notice
US online retailer Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant.
"We have initiated steps to enforce our contractual...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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