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The stock jumped 19.97 per cent to settle at Rs 499.60 on BSE.

Shoppers Stop shares soar 20 per cent on Amazon deal

The retail company said it will raise Rs 179.26 crore from Amazon by issuing equity shares.

25 Sept 2017 6:10 PM IST

Amazon affiliate to acquire Rs 1.79 billion stake in Shoppers Stop

On Friday, Shoppers Stop shares had closed 3 percent lower at 418.10 rupees on the National Stock Exchange.

24 Sept 2017 10:17 AM IST

Amazon shares soared Thursday after the Internet giant reported earnings that topped expectations. (Photo: AFP)

Shoppers Stop allots Rs 179.26 crore shares to Amazon

Company has issued of 43,95,925 equity shares of Rs 5 each at a price of Rs 407.78 per equity share.

13 Jan 2018 3:44 PM IST

New FDI norms have imposed some restrictions on e-commerce companies over selling products of those companies in which they have an equity holding.

Shoppers Stop evaluates FDI, e-commerce strategy

The FDI rule is largely against e-commerce company holding inventory and controlling management of the seller.

9 Jan 2019 11:44 AM IST

Citizens could call the helpline to register complaints against multiplexes and malls that were overcharging for packaged food items.

Shoppers Stop plans greater beauty play

The retail chain also plans to launch private brands in the beauty category.

19 March 2019 2:11 AM IST

Amazon declined to put a price tag on the program, called Amazon Future Engineer, but said it will take up a big chunk of the USD 50 million that it committed to spend on computer science education last year.(AP Photo/Richard Vogel, File)

Amazon in advanced talks to buy 8-10 per cent stake in Future Retail

The deal with the Future Retail is expected to close in the next few weeks, sources close to the development said.

13 Aug 2019 5:18 PM IST