User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: All
Last updated: Jul 09 2020 23:23 IST RSS 2.0
 
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Reliance, bp to retail fuel under 'Jio-bp' brand 9.7.2020 Rediff: Business
bp had last year bought 49 per cent stake in the 1,400-odd petrol pumps and 31 aviation turbine fuel stations owned by RIL for $1 billion.
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Reliance may break up with IPOs of Jio, retail biz 25.6.2020 Rediff: Business
Given the company's expansion into internet and retail, more investments including mergers and acquisitions seem highly likely.
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Reliance Industries becomes India’s first company to hit Rs 11.44 lakh crore in market value 22.6.2020 Scroll.in
Meanwhile, chairperson Mukesh Ambani vaulted into the list of the world’s top 10 richest people.
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How Reliance Industries cleared its $21-billion debt amid the coronavirus pandemic 22.6.2020 Scroll.in
A major chunk of money came from the sale of stakes in Jio Platforms to 10 investors, including Facebook.
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Besides TikTok, these are the Chinese apps that Indian intelligence agencies want banned 20.6.2020 Scroll.in
Some of these apps are major contributors to India’s virtual economy.
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Mukesh Ambani is now 9th richest man in the world 20.6.2020 Rediff: Business
With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega on the Forbes Real-time Billionaires List.
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RIL becomes ‘net-debt free’, Mukesh Ambani says he fulfilled promise to shareholders before schedule 19.6.2020 Scroll.in
The statement noted that RIL raised Rs 1.15 lakh crore from worldwide tech investors, and another Rs 53,124 crore was raised through a ‘rights issue’.
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Why rally in RIL stock may not be over just yet 17.6.2020 Rediff: Business
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
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Black Death aided the rise of big businesses. Covid-19 is doing something similar 6.6.2020 Scroll.in
Mega corporations like Amazon and Netflix have stepped up to the challenges of a post-coronavirus world.
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Amazon in initial talks to buy Airtel pie: Sources 4.6.2020 Rediff: Business
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
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RIL rights issue oversubscribed 1.59 times 4.6.2020 Rediff: Business
In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
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Govt rejects Walmart-Flipkart's food retail entry bid 1.6.2020 Rediff: Business
The department for promotion of industry and internal trade has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector, citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India.
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COVID-19 to accelerate digital adoption in India 27.5.2020 Rediff: Business
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.
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Doorstep delivery: Big business opportunity post COVID 26.5.2020 Rediff: Business
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
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Mukesh Ambani retains spot as richest Indian in Forbes Billionaires List 2020 6.5.2020 Scroll.in
Amazon CEO Jeff Bezos retained his position as the richest person in the world.
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Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers 4.5.2020 The Assam Tribune
Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers
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Facebook and Jio’s resources together could create a digital services behemoth 1.5.2020 Scroll.in
The first tie-up between the two companies is JioMart, an e-commerce venture that allows users to order groceries via WhatsApp.
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Analysis: Reliance Jio-Facebook deal highlights India’s need to revisit competition regulations 30.4.2020 Scroll.in - News that matters
The current framework does not adequately address digital business models.
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Reliance gets on WhatsApp to connect buyers to stores 27.4.2020 Rediff: Business
Billionaire Mukesh Ambani's Reliance Industries has started a limited test use of WhatsApp to connect customers to grocery stores, days after Facebook decided to invest USD 5.7 billion in digital assets controlled by the company. JioMart, an e-commerce venture of Reliance Retail, "has already started interacting with customers on WhatsApp for grocery orders" in Navi Mumbai, Thane and Kalyan, Credit Suisse said in a report.
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The Political Fix: Post Covid, will India push back against China – or does it need Beijing’s cash? 27.4.2020 Scroll.in
A weekly newsletter on Indian policy and politics from Scroll.in.
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