Reliance Retail Acquisition
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Amazon Investigated By Enforcement Directorate For Alleged FDI Violation
The Enforcement Directorate is investigating retail giant Amazon for alleged violations of the foreign exchange law in its deal with Future Retail. The agency has filed a case after the Delhi High Court recently made observations about the deal while hearing Amazon's challenge to the acquisition of the Kishore Biyani-led Future Retail by the Relian...
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Reliance Denies Plans to Sell $20-Billion Retail Arm Stake to Rival Amazon
Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.
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Middle East Funds Eye Stakes in Reliance Retail: Report
Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.
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Reliance Retail Acquires Majority Stake in Netmeds
Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. ("Vitalic") and its subsidiaries collectively known as 'Netmeds' for a cash consideration of approximately Rs 620 crores.
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Amazon Investigated By Enforcement Directorate For Alleged FDI Violation
The Enforcement Directorate is investigating retail giant Amazon for alleged violations of the foreign exchange law in its deal with Future Retail. The agency has filed a case after the Delhi High Court recently made observations about the deal while hearing Amazon's challenge to the acquisition of the Kishore Biyani-led Future Retail by the Relian...
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Reliance Denies Plans to Sell $20-Billion Retail Arm Stake to Rival Amazon
Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.
-
Middle East Funds Eye Stakes in Reliance Retail: Report
Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.
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Reliance Retail Acquires Majority Stake in Netmeds
Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. ("Vitalic") and its subsidiaries collectively known as 'Netmeds' for a cash consideration of approximately Rs 620 crores.
