Reliance Retail to bring Gap products in India; signs long-term franchise pact
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.
Mukesh Ambani ventures into F&B retail, brings London-based sandwich outlet Pret A Manger to India
Mumbai/IBNS: Reliance Brands Ltd (RBL) has entered into a strategic partnership with Pret A Manger, a British sandwich and coffee chain, to launch and establish the brand in one of the biggest retail markets India.
Reliance Jio: Mukesh Ambani resigns; Akash Ambani named new chairman
Mumbai: The Reliance Jio board named Akash Ambani as the new chairman on Tuesday, a day after Mukesh Ambani's resignation from the post of company director came into effect.
Reliance Jio Q4 profit jumps 24 pc to Rs 4,173 cr
Mumbai: Mukesh Ambani-led Reliance Jio Infocomm on Friday reported a 24 percent increase in standalone net profit to Rs 4,173 crore in the quarter ending March 2022 as compared to Rs 3,360 crore in the same period last financial year.
Mumbai: Reliance to launch luxury shopping mall for India's richest buyers
Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.
RIL becomes first Indian company to cross Rs 19 trillion in market cap
Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.
Lenders vote against Future Group's proposed deal with Reliance
Future Group's plan to sell its retail and wholesale assets to Reliance Retail failed after the majority of the lenders of the flagship Future Retail Ltd (FRL) voted against such a takeover by Reliance, media reports said.
Ukraine War: Mukesh Ambani's RIL supplying diesel to Europe from Jamnagar refinery
Mukesh Ambani-led Reliance Industries is sending shipments of diesel to Europe amid a global energy crunch spurred by Russia’s invasion of Ukraine, media reports said.
India's clean energy export likely to rise to $500 billion in next 20 yrs: Mukesh Ambani
India's export of clean energy is likely to rise to $500 billion over the next 20 years, emerging as a global green energy superpower, Reliance Industries chairman Mukesh Ambani said Wednesday, according to media reports.
Gautam Adani overtakes Mukesh Ambani to become Asia's richest person
Mumbai/IBNS: Billionaire businessman Gautam Adani overtook his closest competitor in the Indian market, Mukesh Ambani, to become Asia's richest person, media reports said.
Amazon files fresh law suits in dispute with Future group: Report
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Reliance buys iconic hotel Mandarin Oriental New York
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
RIL raises $4 bn in largest-ever foreign currency bond
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Mukesh Ambani opens up about succession of Reliance Industries for the first time
Mumbai/IBNS: Reliance Industries Chairman, Mukesh Ambani has opened up about succession for the first time. The 64-year-old richest Indian said he wants to accelerate the process of leadership transition with the seniors including him making way for the new generation.
Reliance, Saudi Aramco to re-evaluate proposed investment in O2C business
Mumbai/IBNS: Reliance Industries Ltd and Saudi Aramco have mutually decided to re-evaluate the latter's proposed investment in the oil-to-chemicals (O2C) business of the Indian conglomerate.