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Reliance Retail Ventures Ltd Rrvl
Business  /  Published 07.01.22

25.8% stake in Dunzo

Reliance Retail Ventures Ltd on Thursday said it has led a $240 million investment in quick commerce startup Dunzo. Reliance Retail will invest $200 million and acquire a 25.8 per cent equity stake i...
By Our Special Correspondent in Mumbai

Business  /  Published 18.12.21

Amazon slapped Rs 202 cr fine

Amazon suffered a massive setback on Friday when the Competition Commission of India suspended its approval to the Jeff Bezos-owned retail giant’s deal in August 2019 through which it acquired a...
By Our Special Correspondent in Mumbai

Business  /  Published 22.10.21

Amazon in SC to stall Future merger moves

US retail giant Amazon has filed a fresh petition in the Supreme Court seeking the top court’s intervention to set aside a September order by the National Company Law Tribunal (NCLT) that allowe...
By Our Special Correspondent in Mumbai

Business  /  Published 20.10.21

RIL picks up 52% in Ritika

Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries Ltd, is acquiring a majority stake in the company founded by well known fashion designer Ritu Kumar for an undisclosed sum. ...
By Our Special Correspondent in Mumbai

Business  /  Published 08.10.21

RIL to launch 7-Eleven stores

Reliance Retail Ventures (RRVL) has signed a master franchise agreement with 7-Eleven Inc to introduce the well-known convenience store format in India. 7-Eleven had originally signed a deal with Biya...
By Our Special Correspondent in Mumbai

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Business  /  Published 02.10.21

RIL extends deal date

Reliance Retail Ventures, the retail arm of Reliance Industries Ltd (RIL), has again extended the timeline to complete its Rs 24,713crore deal with the Future group to March 31, 2022. The deal has be...
By Our Special Correspondent in Mumbai

Business  /  Published 03.09.21

Reliance seals Just Dial deal

Billionaire Mukesh Ambani-led Reliance Retail on Thursday said it has acquired the sole control of 25-year-old search and discovery firm Just Dial.   The firm’s subsidiary Reliance Re...
By Our Bureau in New Delhi

Business  /  Published 17.07.21

Reliance to take over Just Dial

Mukesh Ambani on Friday took another step in his inorganic growth path with Reliance Retail Ventures Ltd (RRVL) set to acquire a controlling stake in local search engine platform Just Dial Ltd for Rs ...
By Our Special Correspondent in Mumbai

Business  /  Published 19.04.21

Lenders clear Future debt recast

The lenders of Future Retail Ltd (FRL) have given the company up to two years more to repay its debt. Close to 28 lenders of the Kishore Biyani-company have approved the restructuring plan, Future Re...
By Our Special Correspondent in Mumbai

Business  /  Published 03.04.21

RIL-Future deal cutoff extended

Reliance Industries on Friday said it has secured the approval of its shareholders and creditors to hive off its oil-to-chemical (O2C) business into a separate unit. Saudi Aramco is reportedly in dis...
By Our Special Correspondent in Mumbai


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