Monday, Jan 17, 2022
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Reliance Retail

CCI Suspends Amazon's 2019 Deal With Future

CCI Suspends Amazon's 2019 Deal With Future

13 January 2022

Reuters reports that the North American e-commerce retailer had made false and incorrect statements and suppressed the actual scope.

Future Retail Moves Delhi High Court Seeking Relief From SIAC Stay

Future Retail Moves Delhi High Court Seeking Relief From SIAC Stay

27 October 2021

In its filing to BSE, Future Retail said that the company is seeking relief from the Delhi High Court to stay and set aside the 'impugned order' of the SIAC.


Reliance Industries' Net Profit Increases 43 Per Cent At Rs 13,680 Crore In Q2

The company's gross revenue rose 49 per cent at Rs 1.91 lakh crore. The rise in crude oil prices and better realisation helped the old-economy business whereas...

Reliance Retail Acquires Majority Stake In Ritu Kumar's Firm Ritika

Reliance Retail Acquires Majority Stake In Ritu Kumar's Firm Ritika

19 October 2021

RRVL's majority equity acquisition in Ritika Pvt Ltd included completely acquiring Everstone's 35 per cent stake in the company, a joint statement said.


Amazon Wins As Supreme Court Halts Reliance, Future Deal

“The EA Order is an order within section 17 (1) and can be enforced under Section 17(2) of the Arbitration and Conciliation Act,” Supreme Court said.

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10 January 2022
Amazon To Get SC's Verdict On Pleas Against FRL-Reliance Merger On Friday

Amazon To Get SC's Verdict On Pleas Against FRL-Reliance Merger On Friday

According to the Supreme Court website, the verdict would be pronounced at 10.30 AM by a bench of Justices R F Nariman and B R Gavai.


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Opinion

CCI Suspends Amazon's 2019 Deal With Future

CCI Suspends Amazon's 2019 Deal With Future

Reuters reports that the North American e-commerce retailer had made false and incorrect statements and suppressed the actual scope.

13 January 2022
Future Retail Moves Delhi High Court Seeking Relief From SIAC Stay

Future Retail Moves Delhi High Court Seeking Relief From SIAC Stay

In its filing to BSE, Future Retail said that the company is seeking relief from the Delhi High Court to stay and set aside the 'impugned order' of the SIAC.

27 October 2021
Reliance Industries' Net Profit Increases 43 Per Cent At Rs 13,680 Crore In Q2

Reliance Industries' Net Profit Increases 43 Per Cent At Rs 13,680 Crore In Q2

The company's gross revenue rose 49 per cent at Rs 1.91 lakh crore. The rise in crude oil prices and better realisation helped the old-economy business whereas the retail segment benefitted from footfalls as stores reopened and recorded more footfalls. Telecom vertical Jio too recorded greater revenue.

22 October 2021
Reliance Retail Acquires Majority Stake In Ritu Kumar's Firm Ritika

Reliance Retail Acquires Majority Stake In Ritu Kumar's Firm Ritika

RRVL's majority equity acquisition in Ritika Pvt Ltd included completely acquiring Everstone's 35 per cent stake in the company, a joint statement said.

19 October 2021
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