Mukesh Ambani
Retail
Telecom majors in battle for 4G dominance
To address this growing need of high speed Internet, telecom majors are queuing up to launch 4G data services later this year. While Reliance Jio Infocomm has recently announced that it will roll out its 4G services by December,...
Progressive Grocer
PAIC to set up Rs140-cr multi-product mega food park in Ludhiana
The state-owned Punjab Agro Industries Corporation (PAIC) is coming up with a multi-product mega food park at Ladhowal in Ludhiana. Over a built-up area of 100 acres, a total of Rs 140 crore will be spent on the project....
Retail
Reliance Retail set for pan-India dominance with digital and physical expansion ambitions
Reliance Industries’ recently held 41st annual general meeting in Mumbai saw some major announcements by Chairman, Reliance Industries, Mukesh Ambani. Chairing the occasion, he said: "Reliance Retail is going to scale up its retail presence across its formats from...
Retail
Reliance Retail to borrow Rs 4,500 cr for big ecomm rollout
Looking at the stupendous growth of e commerce in India, Reliance Retail reportedly plans to borrow Rs 4,500 crore through term loans and debentures to build a robust e commerce business and invest more on store openings in select...
Retail
Reliance to launch its e-commerce platform by May
Reliance Industries has chosen the months of April and May to launch its e-commerce platform through its subsidiary, Reliance Retail. The company has chosen the same months to roll out its pan-India 4G data and mobile services through its...
Retail
Reliance Retail, Bharti Enterprises in Talks to Buy Carrefour India Assets
Reliance Retail and Bharti Enterprises are understood to be in talks to buy India assets of the world's second largest retailer Carrefour that has decided to exit the country by closing its five stores, states PTI. According to industry...
Retail
Reliance Retail to be the Major Growth Engine: Mukesh Ambani
Retail business will emerge as a major growth engine for the consumer segment of Reliance Industries while it will continue with its expansion in existing and new markets besides exploring new channels, said company Chairman Mukesh Ambani, according to...
Progressive Grocer
Gourmet Processed Food brand ‘Tify’ to Enter India with Reliance Retail
Reliance Industries Limited's (RIL) Retail division has been an enormous amount of growth during the past year. Many new outlets have been opened across India and serve as the only place for many people to shop in many locations...
Retail
Hamleys to open store in Delhi’s DLF Place mall in May
British toy retailer Hamleys, which operates in India under a franchise agreement with Reliance Retail, is all set to open a flagship store in Delhi, its first-ever in the national capital.The 20,000 sq.ft. store will sprawl across three floors...
Retail
Global retail players eye Indian market, ask for regulatory changes
CapitaMalls Asia, one of Asia’s biggest listed shopping mall developers, organised a forum called Retail Global Connexion in Singapore on October 12. About a dozen prominent retailers from all over the world addressed the audiences, sharing their insights and...
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Future Consumer narrows down Q1 loss to Rs 15.8 crore
It had reported a net loss of Rs 24.40 crore in the April-June period a year ago, according to...
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