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Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Manufacturing

17 March, 2022

Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion programme to...

Delivery race among Indian grocery startups brings road safety risks

Consumer

24 January, 2022

Delivery race among Indian grocery startups brings road safety risks

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick...

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

Finance

11 January, 2022

EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that ......

RIL buys New York's Mandarin Oriental hotel for $98.15 million

Infrastructure

10 January, 2022

RIL buys New York's Mandarin Oriental hotel for $98.15 million

Billionaire Mukesh Ambani's Reliance Industries is paying $98.15 million to buy controlling stake in New York's premium...

India's Future Retail asks court to declare arbitration with Amazon illegal

Economy

03 January, 2022

India's Future Retail asks court to declare arbitration with Amazon illegal

India's Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying...

Reliance Industries, Abu Dhabi chemical company form $2 billion production JV, MENA

General

07 December, 2021

Reliance Industries, Abu Dhabi chemical company form $2 billion production JV, MENA

Abu Dhabi state-owned Chemicals Derivatives Company (TA'ZIZ) and Indian conglomerate Reliance Industries have agreed to start...

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PE funds eye majority stake in lingerie retailer Clovia

Consumer

30 November, 2021

PE funds eye majority stake in lingerie retailer Clovia

Online-first lingerie and sleepwear retailer Clovia is in early discussions with both local and global private equity (PE) investors...

Reliance, Aramco call off $15 bln deal amid valuation differences, sources say

Finance

25 November, 2021

Reliance, Aramco call off $15 bln deal amid valuation differences, sources say

Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in ......

India's Reliance drops after slamming brakes on $15-billion Aramco deal

Finance

22 November, 2021

India's Reliance drops after slamming brakes on $15-billion Aramco deal

Shares of Reliance Industries fell 4.2% on Monday as India's largest firm halted a stake sale in its oil-to-chemicals business...

Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

Consumer

22 October, 2021

Arbitration panel rejects Future's plea on Reliance deal in dispute with Amazon

A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 ......

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