Reliance retail

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

Reliance Retail picks 25.8 per cent stake in Dunzo for USD 200 million

The two firms said in a statement that Dunzo raised USD 240 million in its latest funding round that was led by Reliance Retail Ventures.

published on : 6th January 2022

CCI slaps Rs 200 crore-penalty on Amazon, suspends approval for Future Coupons deal

This comes amid a bitter legal battle between Amazon and Future Group over the latter's proposed Rs 24,713 crore-deal with Reliance Retail Ventures Ltd.

published on : 17th December 2021

Future Retail employees move Supreme Court against Amazon

The association in its Special Leave petition has, therefore, asked the apex court to intervene in the matter and facilitate early resolution of the legal dispute between Future Retail and Amazon.

published on : 24th November 2021

Future Retail moves Delhi High Court against SIAC order

Earlier this month, the SIAC had also held that Future Retail is a party to the ongoing arbitration between Amazon and Future group in the dispute over the sale of its assets to Reliance Retail.

published on : 28th October 2021

Singapore-based SIAC rejects Future Retail's plea to vacate stay over its Reliance deal

Future had contended before the SIAC that it should be excluded from arbitration proceedings because it is not a party to the dispute between its promoter Future Coupons and Amazon.

published on : 22nd October 2021

Amazon in Supreme Court: FRL can’t seek nod for Reliance deal

Amazon had gone to Singapore Arbitration court against Future’s decision to sell its retail business to Reliance Retail for over Rs 24,000 crore.

published on : 22nd October 2021

Reliance Retail to launch 7-Eleven stores in India

Future Group had last year agreed to sell its retail assets to Reliance but the deal has been legally challenged by Amazon.

published on : 7th October 2021

Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group

Earlier, RRVL had extended the timeline for the Long Stop Date from March 31, 2021 to September 30, 2021, said a regulatory filing by Future Retail.

published on : 1st October 2021

Reliance Retail contributes 26 per cent of Future Consumer's FY 2020-21 sales

In the financial year 2020-21, the retail arm of Reliance Industries Ltd has purchased goods worth Rs 157.54 crore from Future Consumer , accounting 26.8 per cent of the total sales.

published on : 8th September 2021

Future Retail moves Supreme Court against High Court order on deal with Reliance Retail

Justice JR Midha said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.

published on : 28th August 2021

Will implement single judge order against FRL-Reliance deal in absence of stay from SC: HC to Future Group

'Either get a stay within 2-3 weeks on March 18 order or comply with the order. This court has no third option,' the judge said.

published on : 17th August 2021

An end of legal routes for Kishore Biyani’s firm?

Lomesh Kiran Nidumuri, Partner at Indus Law, said that SC verdict has also brought a much needed clarity on the implementation of emergency arbitrator orders in India.

published on : 7th August 2021

SC rules in favour of Amazon, holds Singapore's EA award against Future-Reliance deal enforceable

Amazon.com NV Investment Holdings LLC and FRL are embroiled in a bitter legal fight over the deal and the US-based firm has sought in the apex court that the EA award was valid and enforceable.

published on : 6th August 2021

Reliance acquires 40.95 per cent stake in Just Dial for Rs 3,497 crore

RRVL will make an open offer to acquire additional up to 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations.

published on : 16th July 2021
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