Reliance Retail

No immediate plan to elevate Isha Ambani, say sources 

Earlier on Tuesday, Mukesh Ambani announced his resignation as director of Reliance’s telecom unit Jio effective June 27, and appointment of his eldest son Akash as the chairman of the board.

published on : 30th June 2022

Mukesh Ambani's daughter Isha set to be named chairperson of Reliance Retail

The announcement of handing over the succession is expected to be made within the next one to two days.

published on : 29th June 2022

Majority of Future Group's secured creditors reject Rs 24000-crore deal with Reliance Retail

While more than 75 per cent of shareholders and unsecured creditors supported the deal, FRL did not get the requisite 75 per cent favourable voting from secured creditors.

published on : 22nd April 2022

Reliance Brands to acquire 51 per cent stake in Abu Jani Sandeep Khosla

The Reliance group firm has signed a definitive agreement to invest either by itself or through its affiliates in AJSK, as per a joint statement.

published on : 20th April 2022

Bank of India starts insolvency against Future group

Future Retail defaulted on payment of Rs 5,322.32 crore to a string of lenders by the due date of March 31.

published on : 15th April 2022

Amazon-Future dispute: SC orders resumption of arbitration over FRL merger with Reliance Retail

Amazon had moved the top court against the January 5 order of the Delhi High Court, which stayed the proceedings before the arbitral tribunal over Future Retail's merger deal with Reliance Retail.

published on : 6th April 2022

'Will proceed with arbitration at Singapore tribunal' : Future Retail, Amazon tell SC

During the course of the arguments, the court expressed anguish at how many pleas and replies were being filed by both parties.

published on : 4th April 2022

Will list as early as possible: SC on Amazon's plea to preserve FRL's assets, resume arbitration

Amazon and Future group are engaged in multi-forum litigation on the issue of FRL's merger deal to the tune of Rs 24,500 crore with Reliance Retail Ltd.

published on : 22nd March 2022

Reliance’s ‘Capture’ of Big Bazaar stores raises questions  

Amazon has been in a see-saw litigation with the Future Group and Reliance since 2020, and has so far blocked the R24,500 crore sale of Future’s retail chain to Reliance.

published on : 20th March 2022

Reliance Retail sends notices to terminate sub-lease of 950 Future stores

In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores.

published on : 10th March 2022

FRL-Reliance merger: SC defers hearing on Amazon's plea for 10 days for finding solution through dialogue

TNIE had recently written that Amazon may have to hit the negotiation table given the takeover of Future Retail stores by Reliance Retail.

published on : 3rd March 2022

Future Retail-Reliance deal: Supreme Court defers hearing on Amazon's plea

The suggestion was mooted by a bench headed by Chief Justice N V Ramana while adjourning to March 9 the hearing on Amazon's appeal against the January 5 order of the Delhi High Court.

published on : 23rd February 2022

FRL-Reliance deal: SC seeks Future’s reply on Amazon plea

Future group and Amazon are entangled in a tussle since October 2020, when the e-commerce giant dragged the latter to arbitration at SIAC.

published on : 10th February 2022

Amazon’s plea vs CCI order in NCLAT on February 14

The dispute between Future group and Amazon started when the e-commerce giant dragged the latter to arbitration at SIAC in October 2020.

published on : 8th February 2022

Reliance Retail picks 25.8 per cent stake in Dunzo

The largest retailer led a $240 million funding round in Dunzo, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.

published on : 7th January 2022
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