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Mukesh Ambani

Amazon flexes muscles but Reliance holds deep war chest

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...

Future Retail anticipates liquidation if deal with RIL fails

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...

Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail

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...

In Bezos vs Ambani battle, focus on disclosures by Amazon

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...

Deal with RIL in line with Indian laws, not party to agreement with Amazon: Future

After a Singapore arbitration court ordered a temporary stay on Reliance Retail's acquisition of the debt laden Future Group's retail business, the latter has said that the deal with Reliance Retail is in consonance with Indian laws. It further said...

Future Retail may challenge order stalling deal with RIL

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...

Future-RRVL deal stalled; RRVL says 'intend to enforce rights & complete transaction'

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...

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

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...

Reliance accounts for 40 pc of PE investments

Investments in Jio Platforms and Reliance Retail account for more than 40 percent of private equity and venture capital investments in 2020 between January-September. According to the IVCA-EY PE/ VC roundup, the January-September period recorded investments worth US$ 28.9 billion...

Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28 pc stake sale

Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 percent stake in its retail arm. According to a PTI report: Earlier, on September 23, RIL had...
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How Madhav Kasturia of Zippee is addressing critical pain points of quick commerce

The founder and chief executive officer of Zippee is helping D2C brands and e-commerce players bridge the gap between...
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