February 02, 2023 21:06 (IST)
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Hockey Men's World Cup 2023: India beat Japan 8-0 in classification match | Amid row, Kerala Congress screens controversial BBC documentary on PM Modi in Thiruvananthapuram | Republic Day Parade to showcase India’s indigenous military prowess, cultural diversity | Mulayam Singh Yadav, Zakir Hussain conferred Padma Vibhushan award | Dilip Mahalanabis, who pioneered ORS use, to be awarded Padma Vibhushan

Reliance Consumer Products to acquire Lotus Chocolate Company

Mumbai/UNI: Reliance Consumer Products Limited (RCPL), a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL), will acquire 51 percent controlling stake in Lotus Chocolate Company (Lotus) for Rs 74 crore and also make an open offer to acquire upto 26 percent.

Reliance Retail acquires METRO India

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.

Reliance Jio rolls out True-5G coverage in all 33 dists headquarters of Gujarat

Mumbai/UNI: Reliance Jio on Friday said that it has started rolling out True-5G coverage in all the 33 district headquarters of Gujarat.

Reliance Industries to acquire B2B retailer METRO Cash & Carry India: Report

Reliance Industries is set to buy German B2B retailer METRO AG's Cash & Carry business in India for an estimated 500 million euros or Rs 4,060 crore, according to a report in the media.

RIL to demerge financial services business and list it separately as JFSL

Mumbai: Reliance Industries Limited (RIL) on Friday said that it will demerge its financial services business and list it separately under Jio Financial Services Limited (JFSL).

Jio-bp to set up charging network for Mahindra's e-SUVs

Mumbai: Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, and Jio-bp, a fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp are strengthening their existing partnership with Jio-bp setting up robust charging network for Mahindra’s upcoming e-SUVs launches, said a joint company statement.  

Reliance and Sanmina complete transaction for electronic manufacturing JV in Chennai

San Jose, CA / Mumbai: Sanmina Corporation (Sanmina) (NASDAQ: SANM) and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), have completed the transaction to jointly create a world-class electronic manufacturing hub in Chennai, a joint company release said.

Reliance opens its first luxury lifestyle and fashion outlet in Bengaluru

Bengaluru: Reliance Industries Ltd's retail unit opened its first in-house premium fashion and lifestyle store called Azorte on Thursday with an aim to grab a bigger share of the country's luxury market, media reports said.

Reliance New Energy Limited to invest in Caelux Corporation

Mumbai: Reliance New Energy Limited, a wholly owned subsidiary of Reliance Industries Ltd, on Friday signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the United States of America, engaged in the development of perovskite-based solar technology.

Reliance Industries Limited to acquire majority stake in SenseHawk

Mumbai: Reliance Industries Ltd on Tuesday signed definitive agreements to acquire a majority stake in SenseHawk Inc for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D.

Meta, Jio platforms collaborate to launch JioMart shopping services on WhatsApp

Mumbai/IBNS: Meta and Jio Platforms Monday announced the launch of the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat.

Mukesh Ambani outlines businesses to be helmed by each of his 3 children in Reliance

Billionaire industrialist Mukesh Ambani has outlined the businesses each of his three children will oversee during Reliance Industries Ltd.'s annual shareholder meeting, declaring his company's successors clearly for the first time.

Reliance Industries' brand new eCommerce platform JioMarket likely before festive season: Report

Mumbai: With the launch of its separate platform JioMarket nearing, Reliance Industries (RIL) has started inducting independent sellers and Direct to Customer (D2C) brands, media reports said.

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.

Amazon writes to independent directors of Future Retail, accuses them of 'fraudulent stratagem'

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.