In 2020, Amazon invoked arbitration after Future Retail announced its asset sale deal with Reliance Industries Ltd wholly-owned subsidiary, Reliance Retail.
The Future Group on Tuesday submitted before the Supreme Court that Future Retail Ltd will sink with its 30,000 employees, if its over Rs 24,000 crore deal with Reliance Retail fails to reach fruition.
Bhubaneswar: Indian retail major Big Bazaar today launched a new outlet in the Steel City of Rourkela and became the first retail chain to have its presence in more than 100 cities across the country. To mark this achievement, the company has started ‘100 Cities Celebration’ from December 20, 2014, to January 15, 2015, at […]
New Delhi: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, on Saturday announced that it is acquiring the retail, wholesale, logistics and warehousing business from the Future Group as going concerns on a slump sale basis for lump sum aggregate consideration of Rs 24,713 crore, subject to adjustments as set out in […]
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