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Mukesh Ambani

From food to fashion, beauty to FMCG, Reliance is eyeing India’s vast value retailing market

The country’s largest retailer by sales and by number of stores has lined up a host of initiatives to capitalize on the opportunity the subsegment presentsNew Delhi: Reliance Retail is now trying to capture big-time a lucrative frontier of...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Reliance Retail Q1 net profit climbs 19% to Rs 2,448 crore

The company, a part of billionaire Mukesh Ambani-led Reliance Industries Ltd, had posted a consolidated net profit of Rs 2,061 crore in the same quarter of the last fiscalNew Delhi: Reliance Retail on Friday reported a 19 per cent rise...

Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma

Reliance Brands would ultimately acquire the company, which specializes in providing sustainable clothing options for kids at affordable ratesNew Delhi: Reliance Brands, part of Reliance Retail Ventures Ltd (RRVL), is planning to buy Ed-a-Mamma, a kidswear brand promoted by...

Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors

Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firmNew Delhi: Future Lifestyle Fashions Ltd...

Aditya Birla Group to foray into branded jewellery retail business; to invest Rs 5,000 crore

The new venture, Novel Jewels, will build large-format exclusive jewellery retail stores across India, with in-house jewellery brandsNew Delhi: Leading business conglomerate Aditya Birla Group on Tuesday said it is foraying into the branded jewellery retail business with an...

$150bn e-commerce market: Potent mix of retail, telecom, digital media to put Reliance at top

In a new report, Bernstein Research said India is evolving into a three-player market with Amazon, Walmart and RelianceNew Delhi: Billionaire Mukesh Ambani's Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead of Amazon and...

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

Soft drinks to soaps: Reliance unveils big price war plan

Reliance has entered the personal and home care segment of FMCG, offering products at 30 to 35 per cent lesser priceNew Delhi: After stirring a price war in the soft drink segment with the relaunch of Campa, billionaire Mukesh Ambani-led...

Reliance to invest Rs 75,000 crore in UP in 4 yrs: Ambani

Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony services, expanding retail network and setting up renewable energy capacity in UPLucknow: Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony...
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Prices of tomato, potato in bitter taste; home-cooked meals get costlier in Dec: Report

A 16% on-year increase in vegetable oil cost due to import duty hikes by the government aggravated it for...
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