reliance

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...

Reliance-Future Deal Is Approved By SEBI But Biyani May Not Be Happy With It!

Despite Amazon trying its best to stick a fork between the Reliance-Future deal, the Indian market regulator SEBI has finally given the transaction the go-green signal! On Wednesday, the Securities and Exchange Board of India granted Future Group the permission...

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 for a detailed investigation on Future...

Booming Alliance: Reliance Retail Is Valued $62 Billion After $1.3 Billion Investment From PIF

A king at the helm, the expansion of whose kingdom never seems to cease. And when alliances are forged to the end of market domination, it really decks up the scenario in gold. Reliance Retail’s roadmap seems to be consistent with...

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 at ₹41,100 crores ($ 5.6 billion),...

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 of Reliance Industries Limited, has raised a total of Rs 47,265 crore from 8 global...

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Tata Super App Launch: The Repeated Delays Are Quite Concerning, And Damaging Too!

The much-awaited launch of TATA Super App is postponed once again. Last year, in the month of August, the...