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Reliance Retail

Reliance almost doubles retail footprint with acquisition of Future Group

Reliance Industries Ltd's acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to US$ 68 billion, analysts said. According to a PTI report: The oil-to-telecom conglomerate on Saturday announced...

Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses

Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control...

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

Reliance Industries Limited (RIL) on Tuesday announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash consideration of approximately...

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...

Reliance Retail Q1 pre-tax profit down 47 pc to Rs 1,083 cr

Reliance Retail on Thursday reported a 47.42 percent decline in pre-tax profit at Rs 1,083 crore for the quarter ended June 2020, impacted by the coronavirus lockdown. The retail arm of Reliance Industries Ltd (RIL) had posted a pre-tax...

Reliance Retail to bring in global investors in few quarters

Reliance Industries Limited (RIL) chairman Mukesh Ambani on Wednesday announced that global partners and investors will be brought into the company's retail arm -- Reliance Retail in the next few quarters. Speaking at the Annual General Meeting of RIL, Ambani...

Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO. According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...

Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report

The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources. According to a PTI report: The Kishore Biyani-led group, which already has a partnership...

Reliance Retail's success in JioMart could change industry dynamics: Jefferies

Reliance Retail's success in new commerce platform, JioMart could alter the industry dynamics, but execution holds the key and there are challenges, according to brokerage firm, Jefferies. "We see the grocery opportunity as huge and own-label introduction as the next...

Reliance Retail ensures sufficient supply of daily essentials

Relaince Retail has said that all the 736 grocery stores of the brand across the country will ensure sufficient supply of essentials, including staples, fruits and vegetables, bread, breakfast cereals and other items of daily use so that citizens...
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DLF Chairman Rajiv Singh gets Rs 27.3 cr as remuneration for FY24

Tyagi was appointed as the company's CFO with effect from May 13, 2024, in addition to his existing role...
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