Reliance Industries Limited
Finance & Funding
Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares
PTI -
Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...
Fashion & Lifestyle
Reliance Retail launches youth fashion retail format, Yousta
The first Yousta store, opened in Hyderabad, features several tech touch points, including QR-enabled screens for information sharing, self-checkout counters, complimentary Wi-Fi and charging stations
New Delhi: India’s largest retailer, Reliance Retail today announced the launch of its youth-focused fashion retail format,...
Big Grid
Why it makes sense for Reliance to Acquire Metro Cash & Carry
In addition to strengthening its B2B portfolio, the Metro Cash & Carry acquisition will give Reliance an ideal platform for its FMCG productsNew Delhi: The acquisition of Metro Cash & Carry business in India by Reliance Retail will give...
Big Grid
Future Group moves HC against order restraining Future-Reliance deal
The Future Group has approached the Delhi HC challenging a single judge's order upholding 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 Limited to sell its...
Big Grid
Future-Amazon tussle reaches Supreme Court, FRL says ‘will defend the matter’
Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Group's proposed Rs 24,713 crore-deal with Reliance Industries.In a filing to stock exchanges, Kishore Biyani-led Future Retail Ltd has said that it "shall defend the matter/proceedings through its...
Retail
Saudi PIF to invest Rs 9,555 crore in Reliance Retail Ventures
IANS -
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Thursday that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 percent into RRVL, a subsidiary of Reliance...
Retail
ADIA to invest Rs 5,512 cr in Reliance Retail Ventures; RRVL raises Rs 37,000 cr
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Tuesday that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore into RRVL, a subsidiary of Reliance Industries.
This investment values RRVL at...
Retail
Reliance Group set to emerge as the leader in the Indian retail landscape, says GlobalData
Reliance Industries Limited (RIL) is grabbing every single opportunity, be it collaborating with technology companies, acquiring leading retailers or adding physical stores or its entry into the online retail space for gaining access to advanced technologies, to gain a...
Retail
Unable to comment on rumours about deal with Future Group: RIL
IANS -
Reliance Industries Limited (RIL) has clarified that it is unable to comment on speculation and rumours on a deal to acquire the retail businesses of Future Group.
RIL was replying in a clarification to stock exchanges on a possible deal...
Food
Reliance JioMart goes live on WhatsApp
IANS -
After signing a massive $5.7 billion deal with Facebook, Reliance Industries latest venture to expand into the retail market, JioMart, has reportedly gone live with its official WhatsApp number.
According to media reports, JioMart is currently available in the suburban...
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Latest News
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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