Mukesh Ambani
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...
Research
Reliance accounts for 40 pc of PE investments
IANS -
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...
Retail
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...
Retail
Phygital Retail Convention: Kishore Biyani’s Most Awaited Interview of 2020
Kishore Biyani, widely considered the pioneer of modern retail in India and credited with taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, handing over the reins of what he...
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
ADIA to invest Rs 5,512 cr in Reliance Retail Ventures; RRVL raises Rs 37,000 cr
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Tuesday that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore into RRVL, a subsidiary of Reliance Industries.
This investment values RRVL at...
Retail
AI will expand capacity to solve India's pressing problems: Mukesh Ambani
IANS -
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said on Monday that AI and other associated technologies of the 4th Industrial Revolution will vastly expand the capacity to solve most complex and pressing problems before India and the world.
In his...
Retail
Reliance Retail raises Rs 7,350 crore from GIC, TPG
IANS -
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Saturday that global investment firm TPG will invest Rs 1,837.5 crore into RRVL, a subsidiary of Reliance Industries.
This investment values Reliance Retail at a pre-money equity value of...
Retail
Mubadala picks up 1.4 pc stake in Reliance Retail for Rs 6,247.5 cr
IANS -
Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced on Thursday that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 6,247.5 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance...
Retail
Silver Lake co-investors to invest Rs 1,875 crore more into Reliance Retail
Reliance Industries Ltd (RIL) and Reliance Retail Ventures Ltd (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of RIL.
This brings the aggregate investment by Silver Lake and...
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Latest News
Gujarat’s first PVR IMAX opens at Palladium Ahmedabad
The multiplex is the largest PVR IMAX in Ahmedabad and offers a luxury experience which includes comfortable opulent seating,...
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