Tag: Reliance Industries
Reliance-Future Group deal gets nod from India’s CCI; Setback for Amazon
India's antitrust body has cleared the $3.4 billion deal by the country's conglomerate Reliance Industries to purchase the retail assets of Future Group, hindering...
Asia’s richest man takes on foreign eCommerce giants in India’s festive...
It was by offering $2 data plans and free voice calls that billionaire Mukesh Ambani demolished rivals in India's telecommunications market.
Four years later, to...
Reliance-Future deal on hold after Amazon challenges the move
A Singapore arbitration tribunal has put the $3.38 billion asset sale of India's Future Group to Ambani-owned Reliance Industries on hold.
This marks an interim...
Saudi PIF fund may invest in Lulu group; Initial talks started
According to the reports, the Saudi sovereign wealth fund, Public Investment Fund (PIF), is in active talks to acquire a stake in the Lulu...
India’s Reliance Inc to buy Big Bazar and other assets from...
India's largest private-sector company, Reliance Industries has reportedly acquired retail, wholesale, logistics and warehousing businesses of the Kishore Biyani-led Future Group for $3.38 billion.
The...
Reliance takes on Amazon: Acquires e-pharma portal in India
India's Reliance Industries has acquired a majority stake for $83.08 million in online pharmacy Netmeds.
The move comes just days after an online drug sales...
Will Reliance rescue TikTok’s Indian unit?
Chinese giant ByteDance is engaging in early discussions with Reliance Industries Limited, the parent company of India's telecom giant Jio Platforms, to financially support...
ARAMCO – Reliance deal not dead; CEO
The world's biggest exporter of crude oil, Saudi Aramco is still working on a deal to buy a $15 billion stake in the refining...
