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US Firm KKR Invests $250 Million In Reliance Retail
US Investment firm KKR & Co Inc has increased its stake in billionaire Mukesh Ambani's Reliance Retail Ventures by investing an additional $250 million at a valuation of $100 billion, adding to its bet on the country's biggest retailer.
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India Inc Upbeat On Acquisitions, Mergers In 2022; Cement, Retail Sectors Retain Focus
Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
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Reliance To Develop Smartphone With Google In $25 Billion 5G Push
Reliance said on Monday it is working with Alphabet Inc's Google to launch a budget 5G phone as it laid out a $25 billion plan for introducing the next-generation wireless services within two months.
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Reliance Industries Considering Buying Out Revlon In US: Report
Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources.
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Adani's Holcim Acquisition Doubled Corporate Sector's Deal Value In May: Report
India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, helped by acquisition of Holcim by Adani Group
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Amazon's Surprise Move To Abandon Bid For IPL Rights: Report
Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches, according to people familiar with the matter, ceding one of the world's most popular sporting contests to rivals.
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Explainer: Amazon's Battle With Reliance Industries For Retail Supremacy
For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to rival Reliance Industries, the country's biggest conglomerate.
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"Amazon Driving Us To Our Knees. We're Broke": Future To Supreme Court
Talks between Amazon.com Inc and Future Retail aimed at resolving a long-running dispute over whether Future's retail assets can be sold to Reliance Industries (RIL) have failed, lawyers for the companies told the Supreme Court on Tuesday. Both Amazon and Future said they would like to resume arbitration proceedings in Singapore that had been put o...
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Amazon's "Public Notice" Newspaper Ads Accuse Future, Reliance Of "Fraud"
Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in Indian newspaper ads on Tuesday after Reliance Industries suddenly took over many of Future Retail stores.
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Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
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Government Plans to Rope In Tesla, Samsung For Local Battery Production
Government plans to pitch to companies such as Tesla Inc, Samsung and LG Energy to encourage them to invest in manufacturing batteries locally
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Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon
A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.
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Reliance Industries Acquires Norwegian Solar Panel Entity For $771 Million
Reliance Industries Limited has announced acquisition of REC Solar Holdings for an enterprise value of $771 million
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Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
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Reliance Industries Gains After Its Arm Invests In Energy Storage Company
Reliance New Energy Solar and Ambri are also in discussions for an exclusive collaboration to set up a large scale battery facility in India.
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US Firm KKR Invests $250 Million In Reliance Retail
US Investment firm KKR & Co Inc has increased its stake in billionaire Mukesh Ambani's Reliance Retail Ventures by investing an additional $250 million at a valuation of $100 billion, adding to its bet on the country's biggest retailer.
-
India Inc Upbeat On Acquisitions, Mergers In 2022; Cement, Retail Sectors Retain Focus
Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
-
Reliance To Develop Smartphone With Google In $25 Billion 5G Push
Reliance said on Monday it is working with Alphabet Inc's Google to launch a budget 5G phone as it laid out a $25 billion plan for introducing the next-generation wireless services within two months.
-
Reliance Industries Considering Buying Out Revlon In US: Report
Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources.
-
Adani's Holcim Acquisition Doubled Corporate Sector's Deal Value In May: Report
India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, helped by acquisition of Holcim by Adani Group
-
Amazon's Surprise Move To Abandon Bid For IPL Rights: Report
Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches, according to people familiar with the matter, ceding one of the world's most popular sporting contests to rivals.
-
Explainer: Amazon's Battle With Reliance Industries For Retail Supremacy
For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to rival Reliance Industries, the country's biggest conglomerate.
-
"Amazon Driving Us To Our Knees. We're Broke": Future To Supreme Court
Talks between Amazon.com Inc and Future Retail aimed at resolving a long-running dispute over whether Future's retail assets can be sold to Reliance Industries (RIL) have failed, lawyers for the companies told the Supreme Court on Tuesday. Both Amazon and Future said they would like to resume arbitration proceedings in Singapore that had been put o...
-
Amazon's "Public Notice" Newspaper Ads Accuse Future, Reliance Of "Fraud"
Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in Indian newspaper ads on Tuesday after Reliance Industries suddenly took over many of Future Retail stores.
-
Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
-
Government Plans to Rope In Tesla, Samsung For Local Battery Production
Government plans to pitch to companies such as Tesla Inc, Samsung and LG Energy to encourage them to invest in manufacturing batteries locally
-
Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon
A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.
-
Reliance Industries Acquires Norwegian Solar Panel Entity For $771 Million
Reliance Industries Limited has announced acquisition of REC Solar Holdings for an enterprise value of $771 million
-
Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
-
Reliance Industries Gains After Its Arm Invests In Energy Storage Company
Reliance New Energy Solar and Ambri are also in discussions for an exclusive collaboration to set up a large scale battery facility in India.
