Tag "Reliance Retail"
With PharmEasy acquiring MedLife, the e-pharmacy sector to see a paradigm shift
The acquisition of Medlife by IPO-bound PharmEasy will make the latter, the largest player in the domestic online pharmacy sector. The combined entity will have over 2 million customers per month. The acquisition and the covid-19 induced lockdown have ignited
Presenting the Big 4 of Indian Retail
There are two things to note in Indian retail. One is that the mom and pop stores will survive. That much is clear. But there is not much space in the middle. Consolidation is happening in a big way at
Reliance Industries and Future Retail vs Amazon: Delhi HC halts the $3.4B deal
The Delhi HC in an interim order has asked Future Retail to maintain status quo on the assets on Tuesday. Thus, until HC reverses the order the deal between Reliance Industries and Future Retail stands still. This order comes after Amazon
No plans to enter the contract farming business, states Reliance
The Reliance Industries Limited (RIL) has stated with regards to the Farmers’ protest. The company, has further, sought the intervention of law in the vandalism acts by “miscreants”. Thus, it has filed a petition in Punjab and Haryana High Court. As
Understanding Amazon-Reliance-Future Group Case as CCI approved the latter’s acquisition
Mukesh Ambani’s Reliance Industries in August announced the acquisition of businesses of Kishore Biyani’s Future Group for ₹24,713 crores. It would add to its fast-expanding retail business and bolster the e-commerce segment. But this put Flipkart and Amazon in a
Reliance picks 96% share in UrbanLadder for Rs 182 crores
Reliance Retail Ventures Limited (RRVL) is a subsidiary of Reliance Industries Limited (RIL). RRVL has acquired 96% equity shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder). This was for a cash consideration of Rs 182.12 crore. With this,
Another cheque for Ambani as Saudi fund invests ₹9,555 crore in Reliance Retail
The Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion); for an equity stake of 2.04% into Reliance Retail, a subsidiary of Reliance Industries. In the announcement, Reliance stated that this investment values RRVL at a pre-money
