Jio Financial Services plans Rs 36,000 cr deal with Reliance Retail: Report
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
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
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
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
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
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
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
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'
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.
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
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
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
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
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
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.