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Thursday, October 28, 2021

Reliance Retail

RELIANCE RETAIL NEWS

Future Retail party to dispute with Amazon: Singapore panel

October 21, 2021 7:44 am

This stance of the arbitration panel further bolsters Amazon’s stand that FRL violated contractual agreement by signing a merger deal with Reliance Retail. On its part, FRL has been opposing this stand of Amazon stating that it did not commit any wrong as Amazon’s contract was not with FRL but with another group firm, Future Coupons (FCPL).

Reliance to bring 7-Eleven stores to India

October 07, 2021 4:36 pm

Reliance Retail to Bring 7-Eleven Stores in India: The move comes just a few days after Future Group's firm Future Retail said that it has terminated its franchise agreement with the US-based convenience stores brand to operate the stores.

Big win for Amazon as Supreme Court says arbitration restraining Future-Reliance deal enforceable

August 06, 2021 7:29 pm

Supreme Court on Friday said that arbitration restraining Future Group's deal with Reliance Industries is enforceable.

Supreme Court reserves verdict on Amazon's pleas against FRL-Reliance deal

July 29, 2021 2:14 pm

Amazon.com NV Investment Holdings LLC and FRL are embroiled in a bitter legal fight over the deal and the US-based firm has sought in the apex court that the Singapore's Emergency Arbitrator (EA) award, which restrained FRL from going ahead with the merger, was valid and enforceable.

Amazon India is shopping: Inox, others on wishlist

July 27, 2021 7:12 am

Inox Leisure, one of the largest movie theatre chains in the country with 153 multiplexes and 648 screens, has been hit by the pandemic-induced lockdowns across the country.

Eye on ‘new commerce’, Reliance Retail buys Just Dial for Rs 3,497 cr

July 17, 2021 4:03 am

RRVL will hold 40.95 per cent and would make an open offer to acquire up to 26 per cent in accordance with Sebi takeover regulations. VSS Mani will continue as managing director and chief executive officer of Just Dial, RIL said in a stock exchange filing.

Future-Reliance deal: SC to hear Amazon plea against Delhi HC verdict on July 20

July 08, 2021 4:41 pm

Amazon moved the top court against the order of the Delhi High Court division bench which paved the way for the Reliance-FRL deal.

Reliance AGM 2021 Highlights: Saudi Aramco Chairman Yasir Al-Rumayyan joins RIL board

June 24, 2021 4:56 pm

RIL AGM 2021, Reliance AGM 2021 Announcements Highlights: Reliance Industries (RIL) Chairman Mukesh Ambani in the company's 44th annual general meeting (AGM) announced its foray into the new energy business. Here are the details regarding oil to chemicals (O2C), retail business and more.

Supreme Court stays proceedings before Delhi High Court in Amazon Future case

April 19, 2021 4:27 pm

Amazon had moved the apex court on April 8 challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries.

Amazon moves SC against HC stay order restraining Future-Reliance deal

April 14, 2021 7:37 pm

Future Group and Amazon have been locked in a battle after the US-based company took FRL into the emergency arbitration over alleged breach of a contract between them.