Mukesh Ambani
Retail
General Atlantic to invest Rs 3,675 cr in Reliance Retail
IANS -
Reliance Industries Limited on Wednesday announced that global growth equity firm General Atlantic will invest Rs 3,675 crore into its subsidiary Reliance Retail Ventures Limited to pick up 0.84 percent equity stake in the company.
This investment values Reliance Retail...
Retail
Amazon infuses Rs 1,125 crore into India unit ahead of festive sales
US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents.
According to a PTI report: The fresh infusion will provide more ammunition...
Retail
Reliance Retail asset monetization picks up pace
IANS -
Retail asset monetization is picking up pace as private equity firm KKR announced a Rs 55.5 billion ($ 0.75 billion) investment in Reliance Retail for a 1.28 percent stake implying a pre-money equity value of US$ 57 billion.
According to...
Retail
KKR to invest Rs 5,500 cr in Reliance Retail ventures
IANS -
Reliance Industries Limited on Wednesday announced that global investment firm KKR will invest Rs 5,550 crore into its subsidiary Reliance Retail Ventures Limited to pick up 1.28 percent equity in the company.
This investment values Reliance Retail at a pre-money...
Retail
Future Retail logs Q1 net loss of Rs 562 crore
Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020.
According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...
Retail
RIL offers up to 40 pc stake in Reliance Retail to Amazon
IANS -
Reliance Industries Ltd (RIL) has offered up to 40 percent stake in its subsidiary Reliance Retail Ventures Ltd (RRVL) to Amazon.com Inc. for about US$ 20 billion.
Amazon has held discussions about investing in the retail arm of RIL and...
Retail
Silver Lake picks 1.75 pc stake in Reliance Retail for Rs 7,500 cr
IANS -
Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into its subsidiary Reliance Retail Ventures Limited (RRVL).
The investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake's investment...
Retail
Future Retail logs Q4 net loss of Rs 477.63 crore
Future Retail Ltd (FRL) reported a consolidated net loss of Rs 477.63 crore for the quarter ended March 2020.
According to a PTI report: The company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a...
Retail
Reliance almost doubles retail footprint with acquisition of Future Group
Reliance Industries Ltd's acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to US$ 68 billion, analysts said.
According to a PTI report: The oil-to-telecom conglomerate on Saturday announced...
Retail
Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses
Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control...
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Gujarat’s first PVR IMAX opens at Palladium Ahmedabad
The multiplex is the largest PVR IMAX in Ahmedabad and offers a luxury experience which includes comfortable opulent seating,...
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