Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon – ITPro.works

Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 … Read More

Reliance says its $3.4 billion deal with Future Group ‘fully enforceable under Indian law’ despite Amazon winning an arbitration order

Reliance Retail, India’s largest retail chain, said on Sunday evening that its proposed deal to acquire Future Group’s assets for $3.4 billion — against which Amazon has filed a legal … Read More

Amazon sends legal notice to India’s Future Group over deal with Ambani’s Reliance Retail – ITPro.works

Amazon has sent a legal notice to Future Retail, India’s second largest retail chain, for breaching the terms of its contract by selling a significant portion of the business to … Read More

Ambani’s Reliance Retail to raise $1 billion from Silver Lake – TechCrunch

Indian billionaire Mukesh Ambani’s retail business Reliance Retail said on Wednesday it will raise $1.02 billion from Silver Lake, kickstarting a fundraising spree months after its sister venture Jio Platforms … Read More

India’s Reliance Retail to acquire Future Group’s retail, wholesale, and logistics businesses for $3.4 billion – TechCrunch

Reliance Retail, India’s largest retail chain, has found a much simpler way to expand its dominant position in the country: Acquire most of the second largest chain’s units. On Saturday … Read More

ByteDance in talks with India’s Reliance for investment in TikTok – TechCrunch

Chinese giant ByteDance is engaging with India’s Reliance Industries Limited, the parent firm of telecom giant Jio Platforms, for investment in TikTok’s India operations in a move to potentially save … Read More

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