Future Group
Retail
Amazon flexes muscles but Reliance holds deep war chest
IANS -
The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of Future Group in India has once again exposed the ambition of the so-called ‘gatekeeper for e-commerce’ to keep the reins...
Retail
Future Retail anticipates liquidation if deal with RIL fails
IANS -
As a Singapore arbitration court has temporarily halted the acquisition process of Future Group's retail business by Reliance Retail, there has been speculation over what happens to Future Retail if the deal does not actually go through.
Future Retail's representative...
Retail
Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail
IANS -
As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just...
Retail
In Bezos vs Ambani battle, focus on disclosures by Amazon
IANS -
In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers.
Eight absolutely unknown facts are emerging in the...
Retail
Future Retail may challenge order stalling deal with RIL
IANS -
Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL).
In a statement, Future Retail said that all the...
Retail
Future-RRVL deal stalled; RRVL says 'intend to enforce rights & complete transaction'
IANS -
E-commerce major Amazon has got a favourable ruling in Singapore regarding the Reliance Retail's buyout of the debt-laden Future Group as the deal has been temporarily stalled.
Reliance Retail Ventures Ltd in a statement said that it has entered into...
Retail
Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown
IANS -
The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.
Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said.
Rajah, former...
Retail
Future Group seeks mediation over Amazon's legal notice
US online retailer Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant.
"We have initiated steps to enforce our contractual...
Retail
Amazon takes on Future Group over deal with Reliance Retail
IANS -
In a major turn of events in the buyout of the businesses of the debt laden Future Group by Reliance Retail, e-commerce giant Amazon.com, Inc has stepped in and said that Future Group violated a contract with it by...
Retail
Future Retail logs Q1 net loss of Rs 562 crore
Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020.
According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...
- Advertisement -
Latest News
Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
- Advertisement -