Retail
RIL consolidated Q3 net profit rises 12.5% to Rs13,101 cr
25 Jan 2021
Reliance’s profit and operating margin were boosted by a fall in total expenditure and reduced tax expenses aithough its revenue was down 23.1 per cent year-on-year and operating fell 5.2 per cent
CCI approves Future-Reliance deal
24 Nov 2020
The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal
Tata Steel looks to split European business as SSAB initiates talks to acquire Dutch assets
20 Nov 2020
RIL consolidated Q2 net profit up 28 per cent at Rs 10.602 cr
04 Nov 2020
Reliance Industries Limited said its consumer facing business, including Reliance Jio and Reliance Retail, accounted for nearly 50 per cent of the group’s before-tax earnings
Amazon gets Singapore arbitrator to stall Future-Reliance deal
26 Oct 2020
Reliance Industries said RRVL has entered into the transaction for acquisition of assets and business of Future Retail Limited under proper legal advice and that the rights and obligations are fully enforceable under Indian Law
Flipkart acquires 7.8% stake in Aditya Birla Fashion for Rs1,500 cr
26 Oct 2020
With a network of 3,004 stores, presence across approximately 23,700 multi-brand outlets with 6,700+ point of sales in department stores across India, Aditya Birla Fashion and Retail Limited is India’s largest pure-play fashion and lifestyle company
Tiffany files lawsuit as LVMH abandons merger deal
10 Sep 2020
Tiffani’s lawsuit seeks a court order to enforce the merger agreement between Tiffany and LVMH even as LVMH cites French government’s call to halt the agreement until it strikes a trade deal with the US over custom duty imposts
Reliance-Future Group set to sign Rs30,000-cr retail asset deal: report
31 Aug 2020
FEL will transfer the retail and wholesale undertaking to Reliance Retail and Fashion Lifestyle Limited (RRFLL) and the logistics and warehousing undertaking to Reliance Retail Ventures Ltd while RRFLL will invest Rs1,200 crore in the preferential issue of equity shares of Future Enterprises Ltd to acquire a minority stake in FEL
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