Page 43 - Reliance Industries
Amazon gets interim relief; arbitration panel puts RIL-Future deal on hold
Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance
 "Amazon gets interim relief; arbitration panel puts RIL-Future deal on hold")
Foreign investor holding in Reliance Industries rises to record 27.2% in Q2
Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30
 "Foreign investor holding in Reliance Industries rises to record 27.2% in Q2")
Future-RIL deal: Jeff Bezos-Kishore Biyani battle begins in Singapore
This follows a dispute over Future's sale of its retail and wholesale businesses to MukeshAmbani-led Reliance Industries Ltd
 "Future-RIL deal: Jeff Bezos-Kishore Biyani battle begins in Singapore")
Reliance says India will fully shift to renewable energy in few decades
Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035
 "Reliance says India will fully shift to renewable energy in few decades")
India must redefine its manufacturing sector to boost growth: Mukesh Ambani
The comments from Asia's richest man come as Prime Minister Narendra Modi's government is trying to revive an economy poised for a historic annual contraction
 "India must redefine its manufacturing sector to boost growth: Mukesh Ambani")
Chris Wood hikes allocation to Indian equities; raises stake in HDFC
Among Indian stocks, besides HDFC, Wood also holds Reliance Industries (RIL), Maruti Suzuki, SBI Life Insurance, DLF and Cipla
 "Chris Wood hikes allocation to Indian equities; raises stake in HDFC")
RIL's retail arm receives Rs 5,550 crore from private equity firm KKR
Reliance Retail has raised Rs 37,710 cr from multiple investors so far
 "RIL's retail arm receives Rs 5,550 crore from private equity firm KKR")
Private equity firm Blackstone seeks clarity on Reliance-Future deal
Fate of PE firm's Rs 1,750-crore investment remains uncertain
 "Private equity firm Blackstone seeks clarity on Reliance-Future deal")
Reliance's Mukesh Ambani loses interest in Debenhams, says report
Reliance had denied previous reports that it was in talks to buy all or part of Debenhams. Multiple parties remained interested in the firm, according to paper
 "Reliance's Mukesh Ambani loses interest in Debenhams, says report")
Amazon's arbitration proceedings against Future Group may start from Nov
This follows a dispute over the Future's sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL)
 "Amazon's arbitration proceedings against Future Group may start from Nov")
Future group, Amazon to initiate arbitration proceedings over RIL deal
Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd
 "Future group, Amazon to initiate arbitration proceedings over RIL deal")
Amazon notice to Future on RIL deal: India's raging retail war explained
Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries
 "Amazon notice to Future on RIL deal: India's raging retail war explained")
Half of India's richest 100 on Forbes list got richer, Ambani gained most
While Mukesh Ambani added $37.3 bn to his fortune, Gautam Adani retained the second spot on the list by boosting his net worth 61 per cent to $25.2 billion
 "Half of India's richest 100 on Forbes list got richer, Ambani gained most")
RIL lifts markets; Sensex up 304 points, banking and IT stocks shine
There was, however, a mixed trend overseas after US President Donald Trump dashed hopes of a pre-election stimulus package
 "RIL lifts markets; Sensex up 304 points, banking and IT stocks shine")
Amazon takes on Future Group over deal with Reliance, sends legal notice
A top industry source said the notice was unexpected as Biyani had first approached Amazon for a takeover of the Future Group companies before defaulting to its lenders and suppliers.
 "Amazon takes on Future Group over deal with Reliance, sends legal notice")
Amazon sends legal notice to Future Group over Reliance deal: Report
Amazon, in its legal notice, cited a contract arrangement that included "a restricted list" of companies Future was not supposed to enter deals with, according to the report
 "Amazon sends legal notice to Future Group over Reliance deal: Report")
Marketing freedom: Govt allows Reliance, others to sell gas to affiliates
In a major boost to firms such as Reliance Industries, the government allowed affiliate companies to buy gas produced from non-regulated fields as part of giving complete marketing freedom
Reliance Retail vs DMart: Why UBS thinks RIL may emerge as the winner
ADIA joins the league of Silver Lake, KKR, General Atlantic, Mubadala Investment Company, GIC, and TPG who have cumulatively invested Rs 37,710 crore in Reliance Retail for 8.48 per cent stake
RIL up 3% as Abu Dhabi Investment Authority picks stake in Reliance Retail
With this investment, RRVL has raised Rs 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks
 "RIL up 3% as Abu Dhabi Investment Authority picks stake in Reliance Retail")
Reliance Retail Ventures likely to divest only 10-15% stake: Sources
The large divestment was aimed at making RIL debt-free much earlier than its target of next March. RIL had a net debt of over Rs 160,000 crore
 "Reliance Retail Ventures likely to divest only 10-15% stake: Sources")
