reliance

Amazon Bailout Plan For Future Retail: As Lucrative As Reliance?

The Amazon-Future-Retail saga has been unfolding with an interesting turn of tails with each passing week. After crushing hopes for Reliance to acquire Future Retail in the Supreme Court of India, Amazon is now gearing up to bring Future...

Amazon Has The Last Laugh: The Future Of Future Group Is Bleak!

The year long court battle between Amazon and Future Group over Reliance being the new owner of the latter ends with a verdict that neither Kishore Biyani nor Mukesh Amabni ever imagined. Amazon.com Inc. has been awarded a major...

Reliance Acquires JustDial To Gain Unparalleled Access To Users’ Database!

: Reliance Retail Ventures Limited (RRVL) has confirmed the acquisition of a controlling stake in JustDial Limited for Rs 3,497 crores. This allows RRVL to have 40.95% stake in JustDial. RRVL, the retail subsidiary of RIL, is also eyeing...

Reliance Retail Is The Second Fastest Growing Retailer In The World With 55.1% CAGR [Report]

Mukesh Ambani's retail empire has not only emerged as an unstoppable force in India but also on the global frontier! According to Deloitte, Reliance Retail has been ranked as the second fastest-growing retailer in the entire world as of 2021,...

SEBI Slaps $5.5 Million Fine On Ambani Brothers And RIL

The Ambani brothers might have to shell out a pretty penny as past mistakes have come back to bite! The Securities and Exchange Board of India (SEBI) has fined Mukesh Ambani, Anil Ambani and 9 other individuals and entities for...

Amazon Had No Evil Intent As Painted By Kishore Biyani, Documents Reveal!

The ongoing spat between Amazon and Future Retail seems to become ugly with each court hearing, and Amazon is constantly been accused of behaving like evil by Kishore Biyani. A recent document, however, paints a slightly different picture of...

SC Halts Future-Reliance Deal, Amazon Inches Closer To Victory!

The Reliance-Future Group deal is in the soup once again! Amazon, which has long been determined to stop the fruition of the Future-Reliance deal, has inched a step closer to victory. Today, the Supreme Court of India has issued notices...

Milkbasket Acquisition: Is Reliance the Last Hope of Survival?

Finally, some light at the end of a very long tunnel for Milkbasket. According to emerging reports, the online milk delivery startup MilkBasket is all but set to be acquired by Reliance. The subscription commerce company, founded in 2015 by...

Reliance-Future Deal To Be Stuck In Limbo After The Recent Court Order!

The fruition of the Future-Reliance deal went into jeopardy from the very moment Amazon interfered and turned it into a pickle. But after the Delhi High Court’s recent move, it now seems like the deal is bound to be...

Encouraged By Record Profit of RIL, Ambani Wants To Accelerate 5G Arrival in India

Brace yourselves for the sooner-than-anticipated arrival of  Reliance Jio 5G services because the 63-year-old billionaire tycoon Ambani recently pledged to the speedy launch of the same. The oil-to-telecom conglomerate latest quarterly earnings posted a record profit on the back of its...

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CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value...