Amazon

Amazon’s Battle With Reliance for Retail Supremacy Became a Legal Jungle

For more than a year, Amazon and India’s Future Group have been locked in a complex legal stand-off that has stalled Future’s $3.4 billion (roughly Rs. 24,700 crore) sale of assets to the US firm’s rival Reliance Industries — with no end in sight. Here’s what the dispute, seen as key to deciding who gets […]

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Reliance Industries to Acquire New York’s Luxury 5 Star Hotel Mandarin Oriental for $98 Million

Reliance Industries to Acquire New York’s Luxury 5 Star Hotel Mandarin Oriental for $98 Million

Reliance Industries Limited said on Saturday that it has entered into a deal to acquire Mandarin Oriental, a premium luxury hotel in New York, for an equity consideration of around $98.15 million. Reliance Industrial Investments and Holdings Limited, a wholly owned subsidiary of RIL, has today, entered into an agreement to acquire the entire issued […]

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