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4 mins read

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

The profit was, however, higher quarter-on-quarter when compared to Rs 17,265 crore in October-…

PTI   


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6 mins read

Elephants Can Dance: RIL net profit up 10% to ₹17,265 crore as consumer businesses continue to shine

Reliance Industries reported earnings well ahead of the Street’s estimates at ₹17,265 crore against…

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Reliance Retail’s net profit jumps 32% to ₹3,165 crore on festive fervour

Reliance Retail’s third quarter net profit grew 31.9% growth to ₹3,165 crore from ₹2,400 crore in t…

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2 mins read

Future Retail heads for liquidation as lenders fail to get suitable buyer

Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidat…

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Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors

As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…

PTI   


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NCLT grants 90 days extension to Future Retail for concluding insolvency

The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate I…

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RIL AGM: Investors hope Mukesh Ambani spells listing timeline for retail, telecom businesses

On Monday, August 28, billionaire Mukesh Ambani, the chairman of RIL, will come before investors to…

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2 mins read

Volvo Car India rejigs management team

As part of the rejig, Kalpit Shishodia, who led the customer service function since 2017, has b…

PTI   


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3 mins read

Value RIL will create over the next decade will be multiple times of what it has done in 45 years, says Mukesh Ambani

While Mukesh Ambani did not give guidance, he said at the 46th AGM of Reliance Industries that “The…

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3 mins read

Jio Telecom’s legacy and synergies give it a leg up in cost management

Jio Telecom has a better cost profile as compared to its peers in the sector – all thanks to the sy…

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2 mins read

Reliance Retail picks up 51% in Alia Bhatt’s clothing brand Ed-a-Mamma

Reliance Retail Ventures Limited (RRVL) said on Wednesday that it had signed a joint venture with a…

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6 mins read

RIL’s Q4 performance keeps brokerages bullish on the company’s prospects

In spite of its Q4 earnings beating analyst estimates, RIL stock traded flat on Monday as the stree…

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METRO completes Rs 2,850 cr deal with Reliance Retail to sell its India Cash & Carry business

German retailer METRO AG has completed the sale of its Indian cash & carry business to Reliance Ret…

PTI   


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3 mins read

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani Group, are on the fi…

PTI   


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5 mins read

The future of Future and three probable scenarios

After making a big hullabaloo for over 18 months, Mukesh Ambani-led Reliance Industries has finally…

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1 min read

Supreme Court allows Future Retail to approach Delhi High Court for Reliance Retail deal

A bench headed by Chief Justice N.V. Ramana asked the high court to pass an appropriate order wh…

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3 mins read

As long as Mukesh Ambani is there to rescue, the market doesn't care about Future Retail's financial stress

The shares of Kishore Biyani-led Future Retail rallied nearly 9% during early trade on Monday morni…

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2 mins read

Amazon and Future agree to discuss an out of court settlement after nearly 2 years of legal battle

Lawyers of both Future Group and Amazon, who have been in legal tussle since August 2020 over a dea…

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Amazon is bringing us to our knees, we're broke: Future Retail tells Supreme Court

The Future Retail counsel on Tuesday informed the Supreme Court that his client is broke and Amazon…

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Delhi high court stays Amazon arbitration proceedings against Future-Reliance deal

The Delhi High Court, on January 5, stayed the arbitration proceedings in Singapore that passed the…