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Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trustNew Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

From food to fashion, beauty to FMCG, Reliance is eyeing India’s vast value retailing market

The country’s largest retailer by sales and by number of stores has lined up a host of initiatives to capitalize on the opportunity the subsegment presentsNew Delhi: Reliance Retail is now trying to capture big-time a lucrative frontier of...

Reliance Retail’s Big Plans for Apparel Wholesale, Targeting Mom-and- pop Stores

Akhilesh Prasad, president and chief executive officer, fashion and lifestyle, Reliance Retail talks about the new strategies, categories and market, the brand is expanding intoReliance has started a B2B2C pilot in Pondicherry to provide the entire backend for mom-and-pops...

Marks and Spencer opens stores in Ranchi and Mohali

The Ranchi store is Marks and Spencer’s first outlet in the city and the CP67 Mall outlet is the brand’s second in Mohali New Delhi: British department store chain Marks and Spencer (M&S) has opened two stores recently, one at Mall...

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...

Reliance now bullish on Muji: hires new CEO, plans 22,000 sq. ft. stores

Ryohin Keikaku Reliance India Pvt. Ltd., the Reliance-Muji JV believes that it is the right time to shift into higher gear and introduce larger stores with a bigger product range in the countryNew Delhi: The Reliance Retail-Muji joint venture...

Reliance Retail to reduce share capital, to pay Rs 1,362 per share

This capital reduction plan will make Reliance Retail a 100% subsidiary of Reliance Retail Ventures LimitedNew Delhi: Country's leading retailer Reliance Retail on Friday said it will reduce the equity share capital to the extent held by shareholders other than...

Future Enterprises CoC re-constituted, claims over Rs 12,265 cr from financial creditors admitted

The interim resolution professional (IRP) has received claims of Rs 7,014.83 crore from 22 secured financial creditors of FELNew Delhi: Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted...

Reliance Retail to bring Chinese fashion giant Shein back to India

The Indian government has approved the Reliance Retail - Shein partnership which covers sourcing, manufacture, and retail of Shein productsNew Delhi: Two years after the app of Chinese fashion giant Shein was banned in India, Reliance Retail is all...

Soft drinks to soaps: Reliance unveils big price war plan

Reliance has entered the personal and home care segment of FMCG, offering products at 30 to 35 per cent lesser priceNew Delhi: After stirring a price war in the soft drink segment with the relaunch of Campa, billionaire Mukesh Ambani-led...
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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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