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The Delhi high court recently upheld the proposed merger of Future Retail Limited (FRL) with Reliance Retail Ventures Limited (RNRL), following a challenge by Amazon.  It has also allowed Amazon to continue opposing the merger in appropriate legal forums.

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Reliance Retail Ventures, a subsidiary of Reliance Industries, will buy Future Group’s retail and wholesale business including its logistics and warehouses for US$3.4bn. Reliance strengthens leadership position Reliance Retail is India’s largest retail store operator including 621 Reliance Fresh (neighbourhood stores) and Reliance Smart (supermarkets), 52 Reliance Market (cash and carry), 7...
Amazon is partnering with Indian Retail Group, Future Retail, to expand the reach of Future Retail’s stores through Amazon’s marketplace. The deal will see Amazon become the official online sales channel for Future Retail. Authorised online sales channel Amazon India will become the authorised sales channel for Future Retail stores, enabling the latter to reach a wider customer base. Future...
Rapid launch of convenience chain into Mumbai. Looking to tap into potential gaps in the grocery retail sector Earlier in March, we reported on the master franchise agreement between the Future Group and 7-Eleven, paving the way for 7-Eleven stores to begin operations in India. This was quickly followed up with the Group’s announcement of the 7-Eleven India CEO a month lat...
First phase of launch announced; CEO for joint venture appointed. Eight 7-Eleven stores to open in Mumbai After signing a master franchise agreement with 7-Eleven last month , Future Group announced that it will open eight 7-Eleven stores in Mumbai as an initial phase. In addition, the Group shared that it is exploring two different retail formats of the chain. The Group is experime...

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