Tag: Future Group

Supreme Court & Delhi HC
Big Relief For Future Group, SC Sets Aside HC Directions For Coercive Steps

In 2020, Amazon invoked arbitration after Future Retail announced its asset sale deal with Reliance Industries Ltd wholly-owned subsidiary, Reliance Retail.

  • Tuesday, 01 February 2022
Future Group
Future Group Says It Will Sink If Reliance Deal Fails, SC Reserves Verdict In Case Against Amazon

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.

  • Tuesday, 11 January 2022
Big Bazaar launches outlet in Rourkela, becomes first retail chain to reach over 100 cities

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 […]

  • Friday, 16 July 2021
Mukesh
Reliance Retail Buys Future Group For Rs 24,713 Cr

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 […]

  • Tuesday, 13 April 2021
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