முகேஷ் அம்பானி வழிநடத்தியது நம்பகத்தன்மை சில்லறை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amazon wins the case to hold Mukesh Ambani s Reliance from buying Kishore Biyani s Future Retail

Amazon wins the case to hold Mukesh Ambani s Reliance from buying Kishore Biyani s Future Retail
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Reliance Retail s net profit rises by 45 per cent in Q4 of FY21

Reliance Retail’s net profit rises by 45 per cent in Q4 of FY21 May 01, 2021 Apparel & Footwear business delivers strong quarter of double-digit growth Amid the second wave of the Covid-19 pandemic, Mukesh Ambani-led Reliance Retail’s net profit for the fourth quarter was up by 45 per cent at Rs 2,247 crore. The company’s revenues rose to Rs 46,099 crore in the Q4 of FY21 from Rs 38,242 in the same period last year. Despite the pandemic, the company added 1,456 stores opened during the year, and 12,711 physical stores were operational. The revenue was at Rs 157,629 crore throughout FY21, lower by 3.3 per cent compared to last year.

Dinesh thaparConsumer electronicsMukesh ambani led reliance retailGroup chief financial officerReliance retailதினேஷ் தாப்பர்நுகர்வோர் மின்னணுவியல்முகேஷ் அம்பானி வழிநடத்தியது நம்பகத்தன்மை சில்லறைகுழு தலைமை நிதி அதிகாரிநம்பகத்தன்மை சில்லறை

Future Group turns focus back on retail ops as deal with RIL hangs in balance

Future Group turns focus back on retail ops as deal with RIL hangs in balance Top Searches Future Group turns focus back on retail ops as deal with RIL hangs in balance John Sarkar / TNN / Apr 1, 2021, 22:34 IST FacebookTwitterLinkedinEMail NEW DELHI: Kishore Biyani-led Future Group has turned its attention back on retail operations as its proposed deal with Reliance Retail hangs in balance. The cash-strapped supermarket operator, which is locked in a bitter legal battle with US retailer Amazon, will deliver groceries and apparel from its Big Bazaar stores to consumers within two hours in a bid to expand into India’s booming e-commerce space, which is currently dominated by the likes Walmart’s Flipkart and Amazon.

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Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani s company

Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani s company But Future group says Amazon failed to provide any help to debt-laden company that suffered a massive setback during COVID-induced lockdown. Amazon, on the other hand, says there were ongoing discussions on multiple options with partners and with the promoters of Future BusinessToday.In | March 3, 2021 | Updated 13:03 IST Amazon on February 12 moved the Supreme Court (SC) in a bid to block the deal Even as Amazon Inc and Kishore Biyani s Future Retail are at loggerheads over the RIL-FRL deal, there was one time back in early 2020 when Jeff Bezos-led e-comm giant was making all-round effort to rescue the retail company out of financial troubles. Amazon had devised a plan to invest Rs 6,000 crore in Future Retail in equity and debt.

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Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani s company

Months before RIL-Future deal, Amazon devised Rs 6,000 cr rescue plan for Biyani s company
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