INDIAN STOCK EXCHANGES APPROVE $ 3.4 BILLION RELIANCE AND FUTURE DEAL

HIGHLIGHTS

• Indian stock exchanges have approved the US $ 3.4 billion deal between Future Group and Reliance Retail.
• Amazon did not want this deal to happen.

Recently, Indian stock exchanges approved the US $ 3.4 billion deal between ...

INDIAN STOCK EXCHANGES APPROVE $ 3.4 BILLION RELIANCE AND FUTURE DEAL

HIGHLIGHTS

• Indian stock exchanges have approved the US $ 3.4 billion deal between Future Group and Reliance Retail.
• Amazon did not want this deal to happen.

Recently, Indian stock exchanges approved the US $ 3.4 billion deal between ...

SILVER LAKE MAY BUY STAKE IN RELIANCE RETAIL

HIGHLIGHTS

• Silver Lake wants a $ 1 Billion stake in Reliance Retail.
• The investment would value Reliance Retail at about $ 57 billion.
• Reliance plans to sell about 10% in new shares.
• Reliance Industries has raised more than $20 b...

RELIANCE RETAIL TO ACQUIRE FUTURE GROUP’S UNITS

HIGHLIGHTS

• Reliance Retail is going to acquire Future Group’s units for $3.4 billion.
• Future Group is the second largest bricks-and-mortar retailer in India.

Reliance Retail, the largest retail chain in India is set to acquire ...

HIGH HOPES ON RELIANCE RETAIL-FUTURE GROUP DEAL LIKELY TOMORROW

Highlights

• According to the reports, it is going to be an all cash deal that will see Reliance Retail taking over all the debts and liabilities of Future Group along with a minority stake I. Future Enterprises

• The estimated value of this transaction will be aroun...

AFTER TELECOM AND ONLINE RETAIL, RIL PLANS TO TAKE OVER NETMEDS

Highlights

• Reliance Industries Limited (RIL) is likely to acquire Netmeds for around $120 million 

• Chennai-based Netmeds was founded in the year 2015 by Pradeep Dadha

• Until now, Netmeds has announced three rounds of funding worth $100 millio...

AMAZON PLANNING TO BUY 9.9% STAKE IN RELIANCE JioMart: REPORT

Highlights

• JioMart, the newest e-commerce venture of RIL will definitely give strong competition to Amazon.in and Salary’s Flipkart claim market experts

• As per the reports, Amazon intends to own a preferred, strategic stake for JioMart

• Reli...

AMAZON INTERESTED IN BUYING STAKE WORTH 9.9% IN RELIANCE RETAIL

Highlights: 

• Reliance Retail has not confirmed anything about its talks with Amazon 
• Amazon also declined any comment  

Global giant Amazon is eying a 9.9% stake in Reliance Retail, the largest Indian retail chain. According to a ...

Slowdown of Reliance Retail

In the context of a general slowdown in 2019, Reliance Retail was the largest and most financially viable retailer in India, becoming the first in its segment to pass through ÚTI-LAKH during nine months.

In its profit before interests, taxes, amortization, and depreciation (Ebitd...