Searched for
WITZIG
Amazon, Samara Capital pump Rs 300 crore into More RetailMore Retail’s holding company is Witzig Advisory Services which is 49% owned by Amazon and 51% by Samara Alternate Investment Fund. The fil...- Amazon-Samara-owned retail chain More Retail’s net loss jumps 4 times in FY22 at Rs 402 croreThe Amazon and Samara Capital-owned retailer, which plans its initial public offering (IPO) over the next 12-18 months, reported earnings b...
- More Retail plans to go the IPO way for growthThe IPO will allow Samara Capital an opportunity to dilute its 51% stake in the holding company of More Retail, Witzig Advisory Services. S...
- CAIT files complaint with CCI accusing Amazon of concealing facts for More Retail takeover nodCAIT said that Amazon has taken over More Retail through Samara Alternate Investment Fund (Samara AIF) that owns 51 per cent equity in Witz...
- Amazon-backed grocer More Retail weighing India IPO at $5 billion valueThe company is weighing a first-time share sale in Mumbai as early as June, the people said, asking not to be identified as the information...
- Samara-Amazon invests RS 275 crore into More Retail; More reduces lossesSamara Alternative Investment Fund holds 51% stake in Witzig and two Amazon entities -- Coda Holdings Singapore and Coda Holdings 3 LLC – t...
- Indian supermarket chains to go on expansion spreeRiding on a sharp recovery from pandemic-led blows, supermarket chains are aggressively looking to expand nationwide in the coming years, a...
- More Retail rejigs senior management teamMore Retail currently owns and runs 600 eponymous supermarkets and 21 hypermarkets located across the country.
- Amazon backed More Retail plans to double stores in next four yearsMore Retail currently owns and runs 600 eponymous supermarkets and 21 hypermarkets located across the country.
- Amazon caps voting rights in More supermarket owner Witzig Advisory Services at 17%Etailer's stake to comprise 17% class A shares with voting rights and 32% class B shares with none.
- Samara Capital-Amazon's joint bid to acquire supermarket chain More gets CCI nodThe revised DIPP norms may make it difficult for Amazon to strengthen the relationship between its India marketplace.
- More trouble for Amazon after CCI's notice to Samara CapitalCCI wants to know how the deal to acquire the More chain is in line with revised FDI rules for ecommerce.
- Amazon in talks to buy stake in Future RetailAmazon, which is looking to expand its presence in India, already has stake in Shoppers Stop and More.
- After Amazon, Alibaba tries to shop at Spencer’sThe top management of the RPG Group has already had a few rounds of discussion with Alibaba and Amazon for a possible stake dilution.
- More buyer Witzig confirms Amazon backingAnalysts say acquisition of Aditya Birla Retail’s supermarket chain is likely to face scrutiny in the backdrop of popular opposition to mul...
- Jeff Bezos boosts fortune by $12 billion in a day on Amazon surgeIt has been a turbulent week for the richest Americans in tech.
- World's richest lose $436 billion as 2018's stock rout deepensThe world’s 500 biggest fortunes now encompass $5.2 trillion, according to the index.
- Market rout wipes $114 billion from fortunes of world's richestEven Amazon's Jeff Bezos, the world’s richest person, wasn’t immune to the carnage.
- Global stocks rally makes world's wealthiest richer by $1 trillion in 2017The number of Asian billionaires surpassed the US for the first time, a UBS and PWC report said.
- FANG tycoons lose $7.6 billion as technology stocks tumbleAlphabet’s Sergey Brin and Larry Page fell almost $1 billion each, while Netflix’s Reed Hastings shed $133 million.
Load More
