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.
Reliance Retail gets full subscription amount of Rs 2,069 cr from KKR
Sep 23, 2023, at 06:03 am
Mumbai: Reliance Industries subsidiary, Reliance Retail Ventures Limited (RRVL), has successfully received the subscription amount of Rs 2,069.50 crore from the global investment firm KKR, RIL said in an exchange filing on Friday, adding that RRVL has also issued 1.71 crore equity shares to KKR, in accordance with the agreement.
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%.
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 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 Retail acquires 52 pc stake in Ritu Kumar's designer labels
Oct 20, 2021, at 04:29 am
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.
Reliance Retail to launch 7-Eleven Convenience stores in India
Oct 07, 2021, at 07:55 pm
Mumbai/UNI: Reliance Retail Ventures Limited (RRVL), through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (“SEI”) for the launch of 7-Eleven convenience stores in India, company officials said Thursday.
RIL extends deadline for completion of Future deal
Oct 02, 2021, at 04:37 am
Mumbai/IBNS: Reliance Retail Ventures Ltd. (RRVL) has extended the long-stop date for the completion of its deal with Future Group by six month to March 31, 2022, according to media reports.
Saudi sovereign fund PIF invests Rs 9,555 cr for 2.04% stake in Reliance Retail Ventures Ltd
Nov 06, 2020, at 07:41 am
Mumbai/IBNS: Mukesh Ambani led Reliance Industries Ltd on Thursday announced that Saudi Arabia's sovereign Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04% in Reliance Retail Ventures Limited (RRVL).
Reliance Retail buys Future Group's retail, supply chain and other business for Rs 24,713 cr
Aug 30, 2020, at 03:28 am
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries led by billionaire Mukesh Ambani, Saturday announced that it is acquiring the retail and wholesale as well as logistics and warehousing businesses of the Future Group for Rs 24,713 crore as going concerns on a slump sale basis, according to media reports.