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In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores.
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Hyderabad: Reliance has started taking over the Future Retail stores recently as these store leases were in Reliance’s name and Future was no longer able to operate the stores any further. Reliance is making job offers to all the employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future’s retail […]
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Hyderabad: Hyderabad is witnessing robust retail growth led by high streets, aggressive expansions, and continued momentum in 2022. There hasn’t been any noticeable impact due to Omicron / third wave and the momentum has continued unabated and retailers are expanding aggressively across all locations. Overall retail demand this year could go up to 1.7-2 million […]
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New Delhi: Reliance-backed Jio, which is best known for its India cellular network and affordable subsidized devices, has been working on the JioBook, an ARM laptop with Windows 10. According to GSM Arena, a Jio laptop has been popping up in the rumour mill for some time now. It was recently mentioned in a hardware […]
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In addition, RNESL will also invest GBP 25 million (over Rs 250 crore) as growth capital to accelerate commercial roll out.
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New Delhi: Reliance Industries Ltd, India’s largest corporate by revenues, profits and market value, topped 2021 Wizikey News Score ranking as India’s most-visible corporate in the media. State Bank of India (SBI) is a close second on the ranking, followed by Bharti Airtel, Infosys and Tata Motors, according to Wizikey’s News Score Report. Wizikey’s News […]
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A bench of Justices R F Nariman dealt with the larger question and held that an award of an EA of a foreign country is enforceable under the Indian Arbitration and Conciliation Act despite the fact that the term EA is not used in arbitration laws here.
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Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017.
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A Bench headed by Justice Rohinton F Nariman after hearing arguments of all parties in the case reserved its verdict.
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At the company's AGM of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
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Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco
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The "extremely affordable" smartphone will have cutting-edge features, including voice assistant and language translation, among others, he said.
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The Reliance Group has the largest family of retail shareholders in India, with around 33 lakh retail shareholders in Reliance Power, 9 lakh in Reliance Infrastructure and 8 lakh in Reliance Capital.
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The funds raised would be utilised for long term resources, for general corporate purposes, fund future growth, and also to reduce debt.
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Since 2017, Reliance Industries Ltd along with its JV Partner bp had embarked on concurrent development of three deep water fields in the Krishna Godavari basin block.
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The list is topped by US giant Walmart Inc, which retains its position as world's top retailer.
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Total expenses including fuel and finance costs came down to Rs 1,648 crore from Rs 2,334 crore in Q4 FY20.
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The TIME100 most influential companies list says that over the past few years, Reliance Industries has built India's largest 4G network.
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The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.
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The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.