reliance retail

Amazon Future Group Dispute Deepens As Singapore Court Turns Down Future Group Plea

The dispute between Amazon and Future Retail is, apparently, far from over anything soon as the Singapore International Arbitration Centre (SIAC) has rejected Future Retail's plea to exclude it from the arbitration proceedings involving Amazon and Future...

Does CCI Verdict On Reliance Future Group Deal Hints Who Will Have The Last Laugh?

Biyani's Future Group, Ambani's RIL, and Bezos' Amazon have been in a three-way dispute for the past month. This dispute was sparked in October when in a response to a deal between RIL and Future Group, Amazon...

Urban Ladder Acquisition Indicates A Larger Underlying Problem In The Indian Startup Ecosystem: Valuation

The retail giant Reliance Retail gobbled up another startup Urban Ladder by acquiring 96% stake for Rs 182.12 crore, yesterday. But this time it wasn’t a regular run-of-the-mill acquisition. This is neither the first...

Amazon-Reliance Fight Becomes Ugly Now!

Amazon’s spat with the Future Group over the Future-Reliance deal has turned ugly! The global e-commerce behemoth, in a recently sent letter to India’s market regulator SEBI aka Securities and Exchange Board of India, has asked...

Reliance Retail Posts Pandemic-Proof Revenue in FY Q2 2021

The latest financial report card for Mukesh Ambani’s Reliance Retail is out, and it turns out his retail empire is pandemic-proof! How? Well, the consolidated revenue of Reliance Retail in fiscal Q2 2021 stood...

Reliance Future Group Deal In The Soup: SIAC Orders To Put The Deal On Hold

When Reliance agreed to acquire Future Group for $3.4 billion, recently, the share of Reliance Industries Limited rallied on the stock market. Today, it came tumbling down by 2% in the wake of news that hints that...

Amazon’s Latest Move Could Put Reliance-Future Group Deal In Jeopardy

It seems like Amazon is not at all happy with the Reliance-Future Group deal! The e-commerce giant recently sent a legal notice to the promoters of its Indian retail partner Future Group for entering...

Major Investments in Reliance Retail 2020

The above graph represents the major investments in Reliance Retail unit in 2020. Surprisingly, within two months, Reliance Retail Ventures Limited (RRVL), the subsidiary...

Amazon Could Invest $20 Billion In Reliance Retail

If you think that the richest person in India has raised enough to take Reliance Industries Limited to new heights, it's time to surprise yourself. The company is willing to sell as much as 40% stake of...

After Jio, Reliance Retail Bags Rs. 7,500 Crores As Investment From Silver Lake!

Reliance Industries Limited, aka RIL, is revving up its engine to begin another stake selling spree, but this time for its retail arm Reliance Retail Ventures Limited which operates JioMart. Silver Lake Partners, one...

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Microsoft 365: Corporate Privacy Invader Masked As A Collaboration Tool?

Microsoft 365, a line of online subscription services offered by Microsoft to better collaborate in your workspace,...
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End Of Free Ride For Ola And Uber: GOI Sets New Rules For Cab Aggregators!

For long Ola and Uber have been enjoying the free ride on charging surge price from customers and paying low commission to...

Hundreds Of Email Accounts Of C-Level Executives Are Up For Sale, And It’s Scary!

The email accounts of numerous C-level executives around the world have been compromised and a threat actor is now selling their credentials...

Backed By First-Time Shoppers, Flipkart And Amazon Dominated Festive Online Sales in India

It seems like Flipkart and Amazon squeezed the most out of the month-long festive season in India as they have minted close...

Amazon Gets Slapped With Penalty As GOI Prepares To Tighten The Noose On Ecommerce Players!

In a recent move, the Indian Government slapped Amazon on its wrist for not mentioning the country of origin detail for products...