Retail
Reliance Retail to take controlling stake in Just Dial for Rs3,497 cr
19 Jul 2021
Reliance Retail Ventures Ltd will acquire up to 40.95 per cent equity stake in Just Dial as preferential and promoter equity and also make an open offer to its public shareholders to acquire another 26 per cent equity shares, in accordance with the Sebi Takeover Regultions
Amazon has been dodging India's regulators all the while: report
19 Feb 2021
While Amazon has been harping on its more than $5.5 billion investment in India and how it provided an online platform for 400,000-plus Indian sellers, in reality, some 33 Amazon sellers accounted for about a third of the value of all goods sold on the company’s website
SAT stays Sebi ban on Future group promoters from securities market
19 Feb 2021
The SAT order comes as a big relief to the Future Retail CEO, who is beng haunted by US online retailer Amazon over alleged violation of conditions of an agreement relating to the sale of its assets to Amazon Inc
RIL consolidated Q3 net profit rises 12.5% to Rs13,101 cr
25 Jan 2021
Reliance’s profit and operating margin were boosted by a fall in total expenditure and reduced tax expenses aithough its revenue was down 23.1 per cent year-on-year and operating fell 5.2 per cent
CCI approves Future-Reliance deal
24 Nov 2020
The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal
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