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Monday, November 4, 2024
TopicReliance

Topic: Reliance

Ambani’s Reliance flags economic pain as Covid 2nd wave devastates India

Footfalls in Reliance’s retail stores dropped to 40% of pre-Covid levels in April compared to 88% in the March quarter.

Amazon, Reliance, Tata, other corporate giants rushing in supplies, funds to fight Covid crisis

As India struggles with shortage of oxygen, Reliance, Tata Steel, ArcelorMittal Nippon Steel India and JSW Steel have diverted thousands of metric tons of oxygen from their plants.

SC stays proceedings before Delhi High Court in Amazon-Future Group case

Amazon had moved the apex court on 8 April challenging Delhi HC order that had vacated a stay on Future Group proceeding with its Rs 24,713 cr asset sale to Reliance.

‘100 tonnes’ of oxygen from Ambani’s refineries to help Maharashtra in its Covid fight

According to an official, Reliance is diverting some oxygen streams meant for its petroleum coke gasification units after making it suitable for medical use.

Delhi HC stays order restraining Future Group to go ahead with Reliance deal

A division bench of Chief Justice D N Patel and Justice Jasmeet Singh also issued notice to Amazon on Future Group's appeal challenging the 18 March judgment on the deal.

How pandemic fostered Indian consumers’ faith in e-commerce sites

In 2020, Indian consumers turned to e-commerce sites for essential items and groceries. But Reliance's push to tighten regulations for Amazon and Flipkart will curb this growth.

New Umbrella Entity is the new digital payments race as Amazon, Google, Facebook jump in

The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems, with more firms banding together before a 31 March deadline.

Forget Mukesh Ambani vs Bezos, kirana king Udaan is the new kid to beat in India’s retail war

Udaan has taken 80% of B2B e-commerce market, delivering goods it stocks in 200 warehouses to more than 17 lakh retail stores in 900 cities every day.

Reliance begins carving out oil-to-chemicals unit with Rs 1.8 lakh crore loan from Ambani

Reliance is splitting its business to make it easier to bring in investors and expedite a proposed 20% stake sale to Saudi Aramco. It expects the separation to be completed by September.

How the Ambani vs Amazon spat is testing India’s attraction for foreign investors

The battle between Amazon and Reliance may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.