The retail unit of Industries, Reliance Retail Ventures Ltd, has picked up a 54% stake in robotics startup Addverb Technologies for $132 million. “This deal will provide us an opportunity to deploy robots at...
Retail
Coca-Cola’s African subsidiary eyes more consolidation in continent
Coca-Cola Beverages Africa (CCBA), the biggest bottling unit of Coca-Cola in the continent, is eyeing further consolidation of the parent’s bottling operations there, its chief executive said on Tuesday, as it...
Acacia Research contacts Kohl’s to explore bid for retailer, sources say
Acacia Research, which is backed by activist investor Starboard Value, has reached out to Kohl’s Corp to express its interest in making a bid for the retailer, two sources familiar with the matter said. Acacia...
Unilever to weigh raising offer for GSK’s consumer assets – Bloomberg
Unilever Plc has held talks with banks about additional financing for a potential sweetened offer for GlaxoSmithKline Plc’s consumer products division, Bloomberg reported on Sunday, citing people familiar with the...
NCLAT admits Amazon’s plea against CCI order on Future Coupons
The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted Amazon’s plea challenging the Competition Commission of India’s (CCI) order which had suspended its earlier approval of the American behemoth’s...
Jhunjhunwala-backed Nazara Tech’s unit acquires 100% stake in Planet Superheroes
Nazara Technologies on Thursday announced that its unit NODWIN Gaming has acquired 100% stake in licensed merchandising D2C company Planet Superheroes. Shares of Nazara Tech were trading over 2% higher at ₹2,360 apiece...
Future Coupons deal: NCLAT to hear Amazon’s plea against CCI order today
Consumers have started to load their pantries with essentials to avoid stepping out frequently amid a spike in Covid-19 infections and state-level curbs, boosting their sales through both kiranas and ecommerce by up to...
Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings
Lenders of Sical Logistics Ltd, a subsidiary of listed Coffee Day Enterprises, received four firm bids of which Ambey Mining and Pristine Malva Logistics have separately made the highest offer, said people aware of the...
Supreme Court reserves verdict on pleas of Future group companies
The Supreme Court on Tuesday reserved verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency...
Amazon moves NCLAT against CCI order suspending deal with Future
Amazon has filed an appeal against the Competition Commission of India’s suspension of its deal with Future Group at the National Company Law Appellate Tribunal (NCLAT). The US ecommerce retailer also filed a...
Amazon-Future dispute: HC stays SIAC proceedings
A division bench of the Delhi High Court Wednesday stayed proceedings in an ongoing Singapore arbitration case between Amazon and Future Group, quashing a single judge’s ruling from the day before that declined to...
HC rejects Future Group’s petitions on Amazon arbitration
The Delhi High Court dismissed two petitions by Future Group seeking that a Singapore tribunal be directed to hear its plea on terminating the arbitration initiated by Amazon, ahead of final proceedings scheduled this...
