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.
Mumbai: The Atlas of Affluence (AOA) 2022, the digital magazine that tracks and leads conversations on Indian fashion, design, crafts, and retail, was launched in Mumbai on May 20.
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.
Mukesh Ambani preparing to launch India's biggest IPOs
Mumbai: Reliance Industries Ltd (RIL) chairman Mukesh Ambani is set to launch initial public offerings (IPOs) for Reliance Jio and Reliance Retail Ventures, media reports said.