Reliance Retail
Finance & Funding
Abu Dhabi Investment Authority to invest Rs 4,966.80 crore in Reliance Retail
PTI -
This investment by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) "will translate into an equity stake of 0.59 per cent" in Reliance Retail Ventures Limited (RRVL) on a fully diluted basisNew Delhi: Abu Dhabi Investment Authority (ADIA)...
In Focus
4 Global brands that are coming back to India
India continues to be a favoured market for international brands owing to its huge retail potential. Here we list four brands that had earlier exited the country but are now staging a comeback, drawn by the promise of growth
Mumbai:Â India...
Fashion & Lifestyle
Reliance acquires Superdry’s South Asia IP assets for 40 mn pounds
Superdry, whose fashion line mostly includes sweatshirts, hoodies and jackets, will own 24 per cent of the joint venture while Reliance Retail, India's largest retailer, will have the remaining 76 per centNew Delhi: Reliance Brands Limited (RBL), through its...
E-Commerce
Dunzo to settle dues of ex-employees in 3 months; firm restructuring underway
PTI -
While its co-founder Dalvir Suri has decided to leave the company, another co-founder Mukund Jha will continue be part of the strategic leadership teamNew Delhi: Logistics and delivery firm Dunzo plans to settle dues of former employees in next...
E-Commerce
JioMart witnesses 7x growth in monthly orders with Meta
The user-friendly functionality of the platform has enabled a 6x month-on-month growth in new customer conversion on JioMart-on-WhatsAppBengaluru: With the partnership with Meta, Reliance Retail’s e-commerce marketplace JioMart, has witnessed 7x growth in monthly orders through WhatsApp compared to...
Fashion & Lifestyle
Reliance Retail’s Azorte opens 3rd store in Mumbai
The new Azorte store is spread over 22,000 sq. ft. of retail space and is located at the Viviana Mall in Thane
Bengaluru:Â Azorte, a premium fashion and lifestyle store chain by Reliance Retail, has launched its third store in Mumbai,...
In Focus
5 use cases of AI in retail
Retail biggies are harnessing the power of AI in diverse areas such as logistics, inventory management, customer support, in-store experience, and fraud detection to reap immense benefitsMumbai: Artificial Intelligence (AI) has rapidly transformed various industries, and the retail sector...
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...
Latest News
Ajio announces All Stars Sale; adds 500 new brands
During the Ajio All Stars Sale (AASS), customers can shop across over 5500 brands offering over 1.5 million curated fashion styles
Mumbai: India’s fashion e-tailer Ajio’s flagship event ‘All Stars Sale’ powered by Marks & Spencer in association with Lee...
Finance & Funding
Reliance Retail funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest
About 20 global funds and major investment firms are making a beeline to invest billions of dollars into Reliance Retail as it is widely viewed by international investors as a de facto play on India’s torrid future consumption story
New...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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