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Mukesh Ambani

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...

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptanceNew Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

E-commerce firms bypassing foreign investment norms: Reliance to Govt

Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At...

Delhi HC upholds Singapore arbitrator’s order against Future-Reliance deal

The Delhi High Court Thursday upheld the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon, as per...
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Chai Sutta Bar opens 2 outlets in Bengaluru

The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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