Reliance Industries Ltd
Fashion & Lifestyle
Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma
PTI -
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...
Fashion & Lifestyle
Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors
PTI -
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
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
PTI -
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:Â Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...
In Focus
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...
Latest News
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...
Latest News
Suspend review of Future-RIL deal, don’t grant no objection: Amazon urges SEBI
E-commerce giant Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal.It has also filed an appeal with...
Retail
Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28 pc stake sale
Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 percent stake in its retail arm.
According to a PTI report: Earlier, on September 23, RIL had...
Retail
AI will expand capacity to solve India's pressing problems: Mukesh Ambani
IANS -
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said on Monday that AI and other associated technologies of the 4th Industrial Revolution will vastly expand the capacity to solve most complex and pressing problems before India and the world.
In his...
Retail
Silver Lake co-investors to invest Rs 1,875 crore more into Reliance Retail
Reliance Industries Ltd (RIL) and Reliance Retail Ventures Ltd (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of RIL.
This brings the aggregate investment by Silver Lake and...
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...
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Latest News
Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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