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Reliance Industries Ltd

Reliance Retail acquires Sephora business from Arvind

As part of the deal, Reliance Beauty & Personal Care Limited will take over the current India operations of Sephora's 26 stores across 13 cities from Arvind Fashions New Delhi: Reliance Retail said it has acquired the India franchisee business...

Ambani’s children will get no salary, only fee for attending board meetings

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commissionNew Delhi: Billionaire Mukesh Ambani's three children as directors...

KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%

After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per centNew Delhi: Global investment firm KKR will...

Reliance Retail launches its latest Trends store in Kerala

The stand-alone store is located at SN Park Road, Padanapalam, Kannur and is spread across 18600 sq. ft. of real estate Bengaluru: Fashion and lifestyle department store chain Reliance Trends has launched a new retail store in Kerala’s Kannur district, the...

Reliance’s omnichannel beauty brand Tira opens outlet in Mumbai

Spread across 4,300 sq. ft., the store is located at Infiniti Mall, Malad in Mumbai  Mumbai: Reliance Retail’s omnichannel beauty platform Tira has launched its latest outlet in Mumbai, an official from Othr Lab announced on social media. Spread across...

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...

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...

After Mumbai, Delhi, Apple Inc. exploring Pune, Bengaluru to open company-owned iconic physical stores

The iPhone maker is also scouting for about 8,000-10,000 sq ft in New Delhi’s central business district, Connaught Place to open its iconic city-centre store.New Delhi: As Apple Inc. prepares to open doors of its first two company-owned, company-operated...

Reliance, Flipkart to cover cost of vaccination for all employees

Mukesh Ambani's Reliance Industries Ltd will bear the cost of vaccinating its employees and their immediate family, totaling an estimated 12.2 lakh, as the oil-to-telecom conglomerate looks to safeguard them against the Covid-19 virus.India's largest private company joins the likes of...
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IndiaMART reports 16% revenue growth in Q3 FY25; net profit jumps 36%

Net Profit Margin Expands to 30%; EBITDA Margin Reaches 39%New Delhi: Online B2B marketplace IndiaMART has announced robust financial...
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