June 25, 2022 20:17 (IST)
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'Supreme Court took away Constitutional right from Americans': Joe Biden on abortion ruling | Covid-19: Telangana records 493 new cases | US Supreme Court strikes down right to abortion | Sharad Pawar meets Uddhav Thackeray as more rebels join Eknath Shinde camp | As Shiv Sena seeks disqualification of rebels, 2 MLAs move against key decision-maker

Amazon writes to independent directors of Future Retail, accuses them of 'fraudulent stratagem'

Amazon has written to the independent directors of Future Retail Ltd (FRL), accusing them of facilitating a "fraudulent stratagem" of transferring 835 stores to billionaire Mukesh Ambani's Reliance Retail.

Reliance Brands launches Atlas of Affluence as yearly feature, India's first-ever white paper on luxury

Mumbai: The Atlas of Affluence (AOA) 2022, the digital magazine that tracks and leads conversations on Indian fashion, design, crafts, and retail, was launched in Mumbai on May 20.

Reliance Jio Q4 profit jumps 24 pc to Rs 4,173 cr

Mumbai: Mukesh Ambani-led Reliance Jio Infocomm on Friday reported a 24 percent increase in standalone net profit to Rs 4,173 crore in the quarter ending March 2022 as compared to Rs 3,360 crore in the same period last financial year.

Mukesh Ambani preparing to launch India's biggest IPOs

Mumbai: Reliance Industries Ltd (RIL) chairman Mukesh Ambani is set to launch initial public offerings (IPOs) for Reliance Jio and Reliance Retail Ventures, media reports said.

Mumbai: Reliance to launch luxury shopping mall for India's richest buyers

Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.

RIL becomes first Indian company to cross Rs 19 trillion in market cap

Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.

Reliance & UAE's TA’ZIZ sign shareholder agreement for Ruwais chemicals project

Mumbai: India's leading conglomerate Reliance Industries Ltd (RIL) and Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) on Tuesday announced the signing of shareholder agreement for the Ruwais chemicals project.

Reliance cancels Rs 24,700 cr deal with Future group after secured creditors oppose it

Mumbai: A day after secured creditors, primarily banks and financial institutions, of Future Retail rejected the Rs 24,713 crore deal with Reliance Group, billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said that the scheme of arrangement cannot be implemented.

Lenders vote against Future Group's proposed deal with Reliance

Future Group's plan to sell its retail and wholesale assets to Reliance Retail failed after the majority of the lenders of the flagship Future Retail Ltd (FRL) voted against such a takeover by Reliance, media reports said.

Reliance-Future deal: SC to list hearing of Amazon's plea to preserve Future Retail Ltd's assets, resume arbitration

New Delhi: A Supreme Court bench headed by Chief Justice N V Ramana Tuesday said that it would list for hearing the interim plea of e-commerce major Amazon seeking preservation of Future Retail Ltd's assets besides resumption of arbitration over the merger deal with Reliance Retail, media reports said.

Reliance Retail acquires 89 pc stake in lingerie brand Clovia

Reliance Retail Ventures Limited (RRVL) said on Sunday that it has acquired 89 percent equity stake in Purple Panda Fashions Private Limited, which owns and operates intimate wear brand Clovia.

Jio Platforms to invest $200 million in Google-backed consumer internet company Glance

Jio Platforms (JPL), the digital unit of Reliance Industries (RIL), has agreed to invest $200 million (about Rs 1,500 crore) for a roughly 17 percent stake in Glance, a Google-backed consumer internet company, which allows users to consume personalized content even with a locked smartphone screen.

Reliance Jio and SES JV to offer satellite-based broadband service

Mumbai: Reliance Industries-owned Jio Platforms Ltd and SES have announced a joint venture – Jio Space Technology Limited – to deliver satellite-based broadband services. SES is a satellite-based content connectivity solutions provider.

RIL signs MoU with Gujarat for investing Rs 5.95 lakh crore

New Delhi/UNI: Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday said it has signed MoU with the Gujarat government for a total investment of Rs 5.95 lakh crore in the state as part of investment promotion activity for Vibrant Gujarat Summit 2022.

Amazon files fresh law suits in dispute with Future group: Report

New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.