Nov 13, 2024, at 11:50 pm
Mumbai: Reliance Retail is temporarily shutting down several stores in its Centro department chain as part of a strategic repositioning to emphasize its in-house brands and labels, many of which are launched in India under licensing partnerships, The Economic Times reported.
Jio Financial Services plans Rs 36,000 cr deal with Reliance Retail: Report
May 24, 2024, at 10:49 pm
Mumbai: Jio Financial Services (JFS) is seeking shareholder approval for its subsidiary to acquire equipment worth Rs 36,000 crore from Reliance Industries' retail division as part of its plan to enter the device leasing market, according to a postal ballot notice, reported Reuters.
Reliance Retail to sell UK's ASOS apparel in India
May 17, 2024, at 10:56 pm
Mumbai: Reliance Retail has announced a long-term partnership with ASOS, the UK-based premier online fashion retailer catering to people in their twenties.
Sri Lankan beverage brand Elephant House partners with Reliance Consumer to enter Indian market
Feb 29, 2024, at 01:42 am
Mumbai: The Sri Lankan beverage brand Elephant House has entered into a partnership with Reliance Consumer Products, the FMCG division of Reliance Retail Ventures, to produce, promote, distribute, and retail its beverages throughout India.
Reliance e-commerce platform Ajio launches content-driven D2C platform Ajiogram
Nov 03, 2023, at 03:51 am
Mumbai: Reliance Industries-owned fashion e-commerce platform Ajio Thursday launched Ajiogram, a content-driven interactive e-commerce platform focused on Direct-to-Consumer (D2C) brands.
Reliance Retail Q2FY24 PAT grows 21% YoY to Rs 2,790 cr
Oct 28, 2023, at 02:23 am
Mumbai: Reliance Retail, the retail division of diversified conglomerate Reliance Industries, recorded a 21 percent year-on-year rise in net profit, reaching Rs 2,790 crore for the quarter ending in September.
ADIA to invest Rs 4,966.80 cr in Mukesh Ambani's Reliance Retail Ventures
Oct 07, 2023, at 07:34 am
Mumbai: Abu Dhabi Investment Authority (ADIA) through its wholly-owned subsidiary is set to inject Rs 4,966.80 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, media reported.
KKR to invest Rs 2,069 crore in Reliance Retail for additional 0.25% stake
Sep 13, 2023, at 05:01 am
Mumbai: Global investment firm KKR will invest Rs 2,069.50 crore into Reliance Retail Ventures Ltd (RRVL) to increase its equity stake in the retail major from 1.17% to 1.42%.
Reliance Retail valued $92-96 billion by consultants appointed by the firm: Report
Jul 08, 2023, at 04:24 am
Mumbai: Reliance Retail, a part of Mukesh Ambani’s Reliance Industries Ltd, has been valued at $92-96 billion by two global consultants appointed by the company, Reuters reported citing a source with direct knowledge of the matter.
Reliance Retail launches omni-channel beauty retail platform 'Tira'
Apr 06, 2023, at 02:07 am
Mumbai: Reliance Retail Limited on Wednesday said it has launched Tira, an omni-channel beauty retail platform that offers a seamless and personalized shopping experience to beauty enthusiasts across India.
Mar 16, 2023, at 06:23 am
Mumbai/Delhi: The Competition Commission of India has given its nod to Reliance Retail Ventures’ (RRVL’s) acquisition of METRO Cash & Carry India for a cash consideration of Rs 2,850 crore, according to an official statement.
Reliance Retail acquires 50 pc stake in Gujarat-based Sosyo Hajoori Beverages
Jan 05, 2023, at 12:47 am
MumbaiIBNS: Reliance Consumer Products (RCP), the FMCG arm of Reliance Retail Ventures (RRV), Tuesday said that it will acquire a 50 percent stake in Gujarat-based Sosyo Hajoori Beverages, the owner of soft drink brand Sosyo.
Reliance Retail acquires METRO India
Dec 22, 2022, at 06:45 pm
Mumbai/UNI: Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 percent equity stake in METRO Cash and Carry India Pvt Ltd (‘METRO India’) for a total cash consideration of Rs 2,850 crore, subject to closing adjustments.
RIL Q2 profit nearly flat at Rs 13,656 cr, revenue up 34 pc
Oct 22, 2022, at 08:09 am
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported almost flat consolidated net profit at Rs 13,656 crore for the quarter ending September 30, 2022 (Q2FY23).
Reliance acquires soft drink brands Campa, Sosyo from Pure Drink: Report
Sep 01, 2022, at 05:29 pm
Mumbai: Reliance Industries has acquired soft drink brands Sosyo and Campa from Pure Drinks, Moneycontrol reported.
Reliance Retail to bring Gap products in India; signs long-term franchise pact
Jul 07, 2022, at 04:20 am
Mumbai: Reliance Retail Ltd has inked a long-term franchise agreement with American fashion brand gap Inc to sell its products to India, the company said on Thursday.
Amazon writes to independent directors of Future Retail, accuses them of 'fraudulent stratagem'
May 23, 2022, at 05:46 am
Amazon has written to the independent directors of Future Retail Ltd (FRL), accusing them of facilitating a "fraudulent stratagem" of transferring 835 stores to billionaire Mukesh Ambani's Reliance Retail.
RIL Q4FY22: net profit at Rs 16,203 cr, up 22.5 pc; FY22 revenue crosses $100 billion mark
May 07, 2022, at 07:26 am
Mumbai: Reliance Industries Limited (RIL) Friday posted a net profit of Rs 16,203 crore for the quarter ending March 30, 2022, up 22.50 percent year-on-year (YoY).
Reliance Retail acquires 89 pc stake in lingerie brand Clovia
Mar 21, 2022, at 05:45 am
Reliance Retail Ventures Limited (RRVL) said on Sunday that it has acquired 89 percent equity stake in Purple Panda Fashions Private Limited, which owns and operates intimate wear brand Clovia.
Reliance acquires majority stake in designer brand Abraham & Thakore
Mar 02, 2022, at 06:22 am
Reliance Retail has acquired a majority stake in designer wear brand Abraham & Thakore for an undisclosed amount, the company said Tuesday.
RIL's omnichannel beauty platform soon to challenge Nykaa, Myntra: Report
Jan 26, 2022, at 02:32 pm
Mumbai: Reliance Industries (RIL) is all set to challenge top fashion, cosmetic and personal care etailers like Nykaa, Purplle and others like Walmart-owned Myntra with its omnichannel beauty platform, according to media reports.
Reliance Q3FY22 Results: Net profit jumps 41 pc to Rs 18,549 cr
Jan 22, 2022, at 03:45 am
New Delhi/UNI: Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Friday reported 41 percent year-on-year jump in its consolidated net profit (attributable to owners of the company) to Rs 18,549 crore for the quarter ending December 31, 2021.
RIL records 43 pc rise in profits to Rs 13,680 Cr in Q2FY22
Oct 23, 2021, at 06:55 am
Mumbai/IBNS: Reliance Industries Friday declared a net profit of Rs 13,680 crore in quarter ended September 30, 2021, a 42.99 percent increase from the same quarter last year riding on higher demand of oil products.
Reliance Industries net profit dips by 7 pc to Rs 2273 crore in Q1FY22
Jul 24, 2021, at 03:48 am
Mumbai/IBNS: Oil -to-telecom conglomerate Reliance Industries reported a net profit of Rs 12,283 crore for quarter ended June 30, 2021, registering a decline of 7.25 per cent from the same quarter last year owing to increased expenses.
Reliance Retail acquires 40.95 pct stake in Just Dial
Jul 17, 2021, at 02:51 pm
Mumbai: Reliance Retail, which is an arm of Reliance Industries Limited, on Friday announced it has acquired a stake of 40.95 per cent for Rs. 3,497 crore in internet technology company Just Dial.
Mar 22, 2021, at 09:31 pm
New Delhi/IBNS: The Delhi High Court on Monday 'stayed' the March 18 order of Delhi High Court's single-judge bench that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, which was objected to by US-based e-commerce giant Amazon, media reports said.
Mar 19, 2021, at 02:43 am
Delhi/IBNS: The Delhi High Court has restricted Future Retail from selling its business to Reliance Retail, which was challenged by e-commerce giant Amazon, upholding the Singapore International Arbitration Centre's order, said media reports.
Mukesh Ambani's net worth falls after RIL stock prices tumble post Q2FY21 results : Reports
Nov 03, 2020, at 04:19 am
Mumbai/IBNS: Reliance Industries Chairman and Asia's richest man Mukesh Ambani lost $6.8 billion from his net worth on Monday as his company's shares slipped the most in the last seven months, said media reports.
Mukesh Ambani's RIL tides over pandemic blues with telecom and retail businesses in Q2FY21
Oct 31, 2020, at 08:04 am
Mumbai/IBNS: Mukesh Ambani-owned Reliance Industries Limited (RIL) on October 30 posted huge profits for the quarter-ended September, riding on its telecom and retail verticals.
Global investor KKR to invest INR 5,550 crore in Reliance Retail Ventures
Sep 24, 2020, at 03:43 pm
Mumbai/IBNS: Reliance Industries Limited and Reliance Retail Ventures Limited announced on Wednesday that global investment firm KKR will invest INR 5,550 crore into RRVL, a subsidiary of Reliance Industries.