RIL has said independent growth of company will enable focused approach towards opportunities across the O2C value chain. It will enhance efficiencies through self-sustaining capital structure and a dedicated management team

Earlier in the day, the apex court had allowed the NCLT, Mumbai to continue with the proceedings but asked not to pass a final order on the amalgamation of Future Retail Ltd (FRL) with Reliance Retail

After demerger, holding company RIL will have upstream exploration and production business, financial services, treasury and textile business, while RIL O2C Ltd will have an oil-to-chemical business comprising refining and petrochemicals, fuel retail, and control over global subsidiaries of RIL

This goes against Amazon's public message that it works to uplift small businesses in India. This also corroborates allegations by small retailers that Amazon favours certain major sellers

Indian traders, both brick-and-mortar and smaller online sellers, have long alleged that Amazon's platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing that has crushed legions of retailers

Dalal Street today: ITC, M&M, ONGC, Bajaj Finserv, NTPC were among the top gainers while ICICI Bank, IndusInd Bank, Infosys, HDFC traded as top losers

Access to US stocks has become simpler, but one must keep an eye on the cost aspect

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Giving out its analysis of the Delhi High Court's December 21 judgment, Future Retail Ltd (FRL) in a filing to stock exchanges said its board approving a Rs 24,713 crore deal to sell assets to Reliance Retail has been held 'valid in law' by the court

Goyal promises to right the wrongs; says Fairwork survey has hit the right spot. \"All of us here at @zomato take full responsibility for our abysmal scores in this area, and we will leave no stone unturned to perform better,\" adds Zomato CEO

PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt Ltd) was allotted 198,755 shares and the total amount paid was Rs 150,00,03,985, according to documents sourced by business intelligence platform Tofler

The unit had posted a loss of Rs 3,836.8 crore for the financial year ended March 31, 2019, documents filed with the corporate affairs ministry showed

Reliance earlier stated that Reliance Retail Ventures (RRVL), the holding company of its retail businesses, intends to enforce its rights and complete the transaction in terms of the scheme and agreement with Future group without any delay

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Reliance Industries for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future

Brick-and-mortar shops closed their doors; Amazon by contrast moved to recruit over 400,000 workers and earned $6.3 billion in the just-ended quarter, its second consecutive record profit

BT Buzz: Amazon has the option of legal recourse to implement the order by Singapore International Arbitration Centre in India, but it is filled with hurdles

The market believes that RIL has not been able to stitch together big deals in Reliance Retail as it did in Jio Platforms. That's why the share price hasn't moved up much in the last three months

The programme, launched in April this year, now has more than 20,000 retailers in 400 cities, including Meerut, Ludhiana, Saharanpur, Surat, Indore, Ernakulum and Kanchipuram

The tie up with Max Fashion will help Flipkart expand its portfolio of apparel and accessory offerings to customers ahead of the festive season

The deal-making process started with world's biggest social media platform, Facebook Inc, pumping in a record Rs 43,574 crore for 9.9 per cent stake in RIL subsidiary Jio Platforms Ltd (JPL) on April 22, making it the largest minority shareholder in RIL