Reliance Retail currently operates about 11,784 stores nationwide. The agreement is positive for all shareholders of all branches of Future Group, except Future Enterprises. News18.com Last update: August 30, 2020 8:38 AM M. IST FOLLOW US: Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries, said on Saturday that it …
Read More »Unlock 4: some educational institutes can open, states can call 50% of staff
The Union Ministry of the Interior announced on Saturday the guidelines for the fourth relaxation phase in the coronavirus-induced lockdown. In the latest round of relaxation, called Unblocking 4, metro train services were allowed to resume from September 7, but in a staggered fashion. However, schools and universities will remain …
Read More »The Future Goes to RIL: Retail Pioneer Biyani Bows to the Winds of Change
Kishore Biyani, popularly known as KB among his peers and regarded as the pioneer of modern retail in India bringing convenience shopping to the masses, is finally bowing to the winds of change blowing through the sector, giving control of what it nurtured for more than three decades. to Reliance …
Read More »Do not worry Be Happy
No mention of ‘bars’ in the list of forbidden activities in Unlock 4.0. Pubs can raise their blinds from Tuesday It’s going to be a fabulous Tuesday. Restopubs, bars and clubs were allowed to resume services as of September 1 based on the Unlock 4.0 guidelines released Saturday. Excise Commissioner …
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By Market capitalization.Net sales.Net profit.Total assets.Remove.Other income.Raw Materials.Energy and fuel.Employee cost.PBDIT.Interest.Tax.EPS.Investments.Several debtors.Cash / Bank.Inventory.Debt.Contingent liabilities.Screen critic AbrasivesAerospace and DefensefarmingAir conditionersairlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureCar accessoriesAuto Accessories – Air Conditioning PartsAuto accessories: spare parts for cars, trucks and motorcyclesAuto Accessories – Axle ShaftsCar accessories: bearingsCar accessories: brakesAuto …
Read More »Reliance bets 25 billion rupees on a bright future for retail
NEW DELHI / MUMBAI: Ten days after it bought a majority stake in online pharmacy retailer Netmeds, Reliance Industries Ltd (RIL) said on Saturday it had sealed a deal to acquire the Future Group’s retail business, which was in trouble for 24,713 million rupees. The transaction, which has been in …
Read More »ED seizes Rs 47 cr in a / c from banks after raids on 15 locations of companies linked to Chinese gambling apps
NEW DELHI: In another action against Chinese citizens and applications hosted in China, the Enforcement Directorate has seized Rs 47 million in HSBC bank accounts following raids on 15 facilities spread across Delhi, Gurgaon, Mumbai and Pune on Friday in a case involving illegal online gambling and dating apps. Chinese …
Read More »GST: States will get a waiver if they choose to borrow Rs 97,000 crore
States will not have to pay either principal or interest if they choose to borrow just Rs 97,000 crore to cover the deficit in goods and services tax (GST) offset arising from GST implementation problems, but they will have to bear significant interest costs if choosing to borrow the entire …
Read More »Reliance Retail to purchase Future Group’s retail business for Rs 24,713 cr
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, owned by Mukesh Ambani, announced today that it is acquiring all of Future Group’s retail, wholesale, logistics and warehousing businesses as a going concern basis for full consideration. from Rs. 24,713 crore. While the long-awaited acquisition means the departure …
Read More »Jaishankar Says Tension Over Peace In LAC Will Affect Ties
Foreign Minister S Jaishankar stressed the importance of China adhering to the agreements reached over the years with India on how the two countries will address border problems, saying there will be problems if “peace and quiet they put themselves under pressure. ” His comments are significant, as they come …
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