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The Supreme Court on Monday stopped NCLT from approving Future-Reliance deal. (Reuters File Photo )

Supreme Court bars final tribunal ruling on Future-Reliance deal

UPDATED ON FEB 22, 2021 01:18 PM IST
US-based Amazon had sought to maintain the status quo on the FRL-Reliance deal till various legal issues relating to the matter were finally decided.
Third-party apps that build online inventories of products and engage with customers through WhatsApp and other social media, though popular, don’t offer the same integration level that WhatsApp is trying to build with JioMart.(MINT_PRINT)
Third-party apps that build online inventories of products and engage with customers through WhatsApp and other social media, though popular, don’t offer the same integration level that WhatsApp is trying to build with JioMart.(MINT_PRINT)

Reliance to embed JioMart in WhatsApp within six months

By Abhijit Ahaskar, Kalpana Pathak
UPDATED ON JAN 18, 2021 07:04 AM IST
The integration will allow JioMart catapult its reach across India, allowing Reliance Retail to pose a serious challenge to Flipkart and Amazon’s domination in India’s fast-growing online retail market.
Reliance Retail is already India’s largest retailer, both in terms of store count and revenue ($22 billion in FY20), and caters to 80% of households’ consumption needs such as apparel, footwear, jewellery, consumer electronics and telecom.(HT file photo)
Reliance Retail is already India’s largest retailer, both in terms of store count and revenue ($22 billion in FY20), and caters to 80% of households’ consumption needs such as apparel, footwear, jewellery, consumer electronics and telecom.(HT file photo)

Reliance Retail bets on grocery

Livemint, Mumbai | By Kalpana Pathak
PUBLISHED ON DEC 07, 2020 08:06 AM IST
While the company’s current valuation of close to Rs 5 lakh crore may appear expensive to some investors, industry experts said its private grocery labels will start delivering higher margins soon.

This company provides a 10-day e-Invoicing implementation guarantee to get compliant quickly

UPDATED ON NOV 18, 2020 05:35 PM IST
Tangentia, a global digital transformation company has launched its e-Invoicing Gateway with a 10-day implementation guarantee with zero business disruption.
The panel has barred Future Group from disposing of assets or issuing securities.
The panel has barred Future Group from disposing of assets or issuing securities.

Singapore court halts Future-RIL retail deal

Hindustan Times, New Delhi | By Dhirendra Tripathi
UPDATED ON OCT 26, 2020 04:36 AM IST
The US retailer has been trying to build its presence in the offline retail space to complement its strong online presence.
This latest investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.(File photo for representation)
This latest investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.(File photo for representation)

Silver Lake co-investors to invest additional Rs 1,875 crore in Reliance Retail ventures

Mumbai | By Asian News International | Posted by Niyati Singh
UPDATED ON OCT 01, 2020 10:31 AM IST
Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of Reliance Industries.
KKR has a proven track record of being a valuable partner to industry-leading franchises, says Chairman and Managing Director of Reliance Industries, Mukesh Ambani(REUTERS)
KKR has a proven track record of being a valuable partner to industry-leading franchises, says Chairman and Managing Director of Reliance Industries, Mukesh Ambani(REUTERS)

After Jio, KKR to invest in Reliance Retail, Rs 5,550 crore for 1.28 per cent equity stake

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON SEP 23, 2020 10:43 AM IST
Early this year, KKR invested Rs 11,367 crore in Jio Platforms, making this KKR’s second investment in a subsidiary of Reliance Industries
Kishore Biyani is a man known for thrifty approach to running the business.(HT Photo)
Kishore Biyani is a man known for thrifty approach to running the business.(HT Photo)

Future Group’s Biyani, pioneer of Indian retail, to hand over empire’s control to Reliance Industries

New Delhi | By Press Trust of India | Posted by Prashasti Singh
UPDATED ON AUG 30, 2020 02:05 PM IST
Kishore Biyani is giving the control of what he nurtured for over three decades to Reliance Retail.
A woman walks past a poster of Reliance Industries in Mumbai.(Reuters File Photo)
A woman walks past a poster of Reliance Industries in Mumbai.(Reuters File Photo)

Reliance Retail acquires majority stake in Netmeds for Rs 620 crore

New Delhi | By Press Trust of India | Posted by Kanishka Sarkar
UPDATED ON AUG 19, 2020 12:37 AM IST
This investment represents around 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries -- Tresara Health Private Limited, Netmeds Market Place Limited and Dadha Pharma Distribution Pvt Limited, the Reliance Retail statement said.
People purchase medicines from a medical store in Bengaluru .(Hemant Mishra/ Mint File Photo)
People purchase medicines from a medical store in Bengaluru .(Hemant Mishra/ Mint File Photo)

RIL, Amazon set to clash on e-pharma

Mint, New Delhi/Mumbai | By Kalpana Pathak and Leroy Leo
UPDATED ON AUG 17, 2020 06:11 AM IST
‘Amazon Pharmacy’ will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines, Amazon said in a statement, without giving a timeline for the launch.
RIL’s 43rd annual general meeting will be held virtually amid the ongoing crisis coronavirus pandemic and will be watched by shareholders from 500 locations in India and abroad.(REUTERS)
RIL’s 43rd annual general meeting will be held virtually amid the ongoing crisis coronavirus pandemic and will be watched by shareholders from 500 locations in India and abroad.(REUTERS)

Reliance’s 43rd AGM tomorrow. Here’s what to watch out for

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray
PUBLISHED ON JUL 14, 2020 04:03 PM IST
The AGM is being also held after the company’s record-breaking deal spree for Jio Platforms, the company’s digital arm.
Future Retail has a network of more than 1,500 stores across various formats including 293 BigBazaar stores.(Photo: Mint)
Future Retail has a network of more than 1,500 stores across various formats including 293 BigBazaar stores.(Photo: Mint)

Amazon, Future group deal to intensify competition in India’s retail sector

Livemint, Mumbai | By Swaraj Singh Dhanjal
UPDATED ON AUG 23, 2019 12:30 PM IST
American e-commerce giant Amazon’s investment Kishore Biyani’s group company Future Coupons will add to the intensity of competition in the Indian retail sector, which now has three big groups fighting it out - Amazon and Future, Walmart-Flipkart and billionaire Mukesh Ambani’s Reliance Retail.
Masaba Gupta at the launch of her Nykaa beauty collaboration.(Photo: Mint)
Masaba Gupta at the launch of her Nykaa beauty collaboration.(Photo: Mint)

Opinion | Why top retailers are betting big on private labels

By Shuchi Bansal
UPDATED ON AUG 21, 2019 11:50 PM IST
Affordability is a big trend now and consumers are open to trials where purchase size is smaller
Reliance is fast working on creating the world’s largest online-to-offline New Commerce Platform, according to Mukesh Ambani, Chairman and Managing Director, Reliance Industries.(HT Photo)
Reliance is fast working on creating the world’s largest online-to-offline New Commerce Platform, according to Mukesh Ambani, Chairman and Managing Director, Reliance Industries.(HT Photo)

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

New Delhi | By Indo Asian News Service
UPDATED ON MAY 21, 2019 12:18 PM IST
The time is ripe for Reliance Retail, which operates 10,415 stores in more than 6,600 cities, with 500 million annual footfalls - giving the company the kind of scale required to swiftly launch India-based operations.
Reliance Industries chairman Mukesh Ambani with wife Nita Ambani and children Anant Ambani, Isha Ambani and Akash Ambani in Mumbai(PTI File Photo)
Reliance Industries chairman Mukesh Ambani with wife Nita Ambani and children Anant Ambani, Isha Ambani and Akash Ambani in Mumbai(PTI File Photo)

Mukesh Ambani’s daughter Isha to marry Anand Piramal in December

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON MAY 06, 2018 07:01 PM IST
Isha Ambani is on the boards of Reliance Jio and Reliance Retail. Anand Piramal is the founder of Piramal Realty.
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