Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
Reliance Retail acquires 52 pc stake in Ritu Kumar's designer labels
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.
Mumbai/IBNS: Reliance New Energy Solar Limited (RNESL), a wholly owned subsidiary of Reliance Industries Limited (RIL), and Denmark-based Stiesdal A/S (Stiesdal) have signed a cooperation agreement for technology development, and manufacturing of Stiesdal’s HydroGen Electrolyzers in India.
Reliance Retail to launch 7-Eleven Convenience stores in India
Mumbai/UNI: Reliance Retail Ventures Limited (RRVL), through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (“SEI”) for the launch of 7-Eleven convenience stores in India, company officials said Thursday.
US pension fund to vote against Saudi Aramco chairman Al-Rumayyan's appointment to RIL board: Report
The California State Teachers' Retirement Fund (CalSTRS) has decided to vote against the appointment of Saudi Aramco's chairman Yasir Al-Rumayyan as an independent director to the board of Mukesh Ambani's Reliance Industries, according to a media report.
Big relief for Future Group as SC stays seizure of assets
New Delhi/IBNS: In a big relief to Future Group, the Supreme Court has halted the seizure of Future Coupons, Future Retail and Future Group owned by Kishore Biyani.
Reliance completes acquisition of Just Dial
Mumbai: Reliance Retail Ventures Limited, has now taken sole control of Just Dial Limited in accordance with the SEBI Takeover Regulations with effect from September 1, 2021.
Will enforce single-judge order against FRL-RIL deal if no stay order by SC: HC
New Delhi/IBNS: The Delhi High Court Tuesday said it will implement the ruling issued by the single-judge bench restraining Future Retail Ltd (FRL) from selling its retail assets for Rs 24,713 crore with Reliance Retail to sell its business, which was opposed by US-based e-commerce giant Amazon, in case no stay is obtained from the Supreme Court within four weeks.
New Delhi/IBNS: The Supreme Court on Friday ruled that Reliance Retail and Future Retail cannot go ahead with their Rs 24,713 crore deal, in a boost to US-based e-commerce giant Amazon.
RIL to double PET recycling capacity with new facility in Andhra Pradesh.
Mumbai/IBNS: Reliance Industries Limited (RIL), India’s largest private sector company is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh.
After Solving Digital Divide, RIL To Solve Green Energy Divide
India’s Reliance Industries (RIL) is a prominent name in many sectors. Most popularly known as a fossil giant, RIL created quite a buzz in the telecom sector a few years back. RIL played a huge role in solving the digital divide in the country by providing extremely cheap internet prices and after fixing the issue of a digital divide to a large extent, it has proceeded to solve the green energy divide in the country too. Last month, Mukesh Ambani, the company chairperson, discussed his investment plan of Rs 75,000 crore in the clean energy segment. If the investment goes as planned, Reliance will be directly competing with China.
Jio, Google Cloud to collaborate on 5G technology to enable Indians access 'superior connectivity'
Mumbai/IBNS: Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited, and Google Cloud are embarking on a comprehensive, long-term strategic relationship with a goal of powering 5G in enterprise and consumer segments nationwide.
Mumbai/IBNS: Google and Jio on Thursday shared details around their jointly developed made-for-India smartphone called JioPhone Next coming later this year.
Reliance Industries performance exceeded expectations despite pandemic: Mukesh Ambani
Mumbai/IBNS: Reliance Industries chief Mukesh Ambani on Thursday said that the group exceeded performance expectations despite the pandemic, but what matters most is the humanitarian service provided by the group during the crisis in the country.
Reliance Industries moves up by 5.90 pc to Rs 2094.90
Mumbai/UNI: Reliance Industries on Friday spurted by 5.90 pc to Rs 2094.90 a major gainer in 30 scrips of BSE.