Reliance Industries
Retail
Reliance ties up with Vordano to develop shopping centres in India
The Mukesh Ambani-controlled Reliance Industries Limited (RIL) has entered into a 50:50 joint venture with the New York-based Vornado Realty Trust to develop and operate shopping centres at major cities in the country.Confirming this to Indiaretailing, an official spokesperson...
Retail
M&S Reliance starts filling top key positions
Marks and Spencer Reliance India Ltd, the joint venture company between India’s Reliance Retail and UK’s Marks & Spencer, has started appointing personnel for its key management positions.Confirming this, Mark Ashman, chief executive officer, Marks and Spencer Reliance India...
Retail
Vimal opens factory outlet at nagpur
Vimal, the flagship textile brand of Reliance Industries Limited has opened a factory outlet at Nagpur today. Vimal’s first factory outlet was opened in Ahmedabad earlier this month.Spread over 1400 square feet, the store will retail a range of...
Retail
RIL and GAIL apply for gas retail license
Reliance Industries and GAIL India, through their wholly owned subsidiaries Reliance Gas Corporation and GAIL Gas, respectively, have submitted expressions of interest (EoI) to the Petroleum and Natural Gas Regulatory Board (PNGRB) to retail gas to households and vehicles...
Retail
M&S to end franchisee agreement with Planet Retail
After the Foreign Investment Promotion Board (FIPB) had allowed Marks and Spencer an induction of 51 per cent foreign direct investment (FDI) for single-brand retail trading in the country, the UK-based retailer has decided to conclude its six-year-old franchisee...
Retail
Who’s partnering whom, to do what, and when? June-July may answer
Wal-Mart, Tesco, Carrefour… Bharti, Reliance, Future Group, Indiabulls, Shoppers… DLF, Emaar MGF, Parsvnath, Wadias, Rahejas… partnerships, top-line growth plans…NEWS…Few names, a lot of buzz, but little activity. The business of retail, like a tennis ball in play, has been...
Retail
Fuel retailing is not a viable business proposition
Oil and Natural Gas Corporation (ONGC), one of the Navratna PSUs, made a significant announcement today. The company said that it is reconsidering its decision to get into fuel retailing business and will hold its plans to roll out...
Retail
About 60 iStores from Reliance on the cards
Reliance Retail (RRL) has planned to set up 60 iStores across the country by 2011. iStore is the retailing format of Reliance through which Apple products are sold.Speaking to media at the inauguration of iStore in Jaipur, the first...
Retail
Canadian firm to build energy-saving outlets for Reliance
From now onwards, all the outlets constructed for all verticals of the Mukesh Ambani-led Reliance Retail will be energy-efficient buildings constructed by Canadian plastics major Nova Chemicals.Reliance Industries has joined hands with Nova Chemicals for jointly designing and constructing...
Retail
RRL to be a listed company
Mukesh Ambani-led Relaince Industries did not reveal financial figures of its retail vertical Reliance Retail Ltd (RRL) in its FY2007-08 results release, as the company is not listed and is not liable to share its financial results in public.Contacted...
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Latest News
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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