Reliance Retail acquires 89 pc stake in lingerie brand Clovia
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 acquires majority stake in designer brand Abraham & Thakore
Reliance Retail has acquired a majority stake in designer wear brand Abraham & Thakore for an undisclosed amount, the company said Tuesday.
RIL's omnichannel beauty platform soon to challenge Nykaa, Myntra: Report
Mumbai: Reliance Industries (RIL) is all set to challenge top fashion, cosmetic and personal care etailers like Nykaa, Purplle and others like Walmart-owned Myntra with its omnichannel beauty platform, according to media reports.
Reliance Q3FY22 Results: Net profit jumps 41 pc to Rs 18,549 cr
New Delhi/UNI: Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Friday reported 41 percent year-on-year jump in its consolidated net profit (attributable to owners of the company) to Rs 18,549 crore for the quarter ending December 31, 2021.
RIL records 43 pc rise in profits to Rs 13,680 Cr in Q2FY22
Mumbai/IBNS: Reliance Industries Friday declared a net profit of Rs 13,680 crore in quarter ended September 30, 2021, a 42.99 percent increase from the same quarter last year riding on higher demand of oil products.
Reliance Industries net profit dips by 7 pc to Rs 2273 crore in Q1FY22
Mumbai/IBNS: Oil -to-telecom conglomerate Reliance Industries reported a net profit of Rs 12,283 crore for quarter ended June 30, 2021, registering a decline of 7.25 per cent from the same quarter last year owing to increased expenses.
Reliance Retail acquires 40.95 pct stake in Just Dial
Mumbai: Reliance Retail, which is an arm of Reliance Industries Limited, on Friday announced it has acquired a stake of 40.95 per cent for Rs. 3,497 crore in internet technology company Just Dial.
New Delhi/IBNS: The Delhi High Court on Monday 'stayed' the March 18 order of Delhi High Court's single-judge bench that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, which was objected to by US-based e-commerce giant Amazon, media reports said.
Delhi/IBNS: The Delhi High Court has restricted Future Retail from selling its business to Reliance Retail, which was challenged by e-commerce giant Amazon, upholding the Singapore International Arbitration Centre's order, said media reports.
Mukesh Ambani's net worth falls after RIL stock prices tumble post Q2FY21 results : Reports
Mumbai/IBNS: Reliance Industries Chairman and Asia's richest man Mukesh Ambani lost $6.8 billion from his net worth on Monday as his company's shares slipped the most in the last seven months, said media reports.
Mukesh Ambani's RIL tides over pandemic blues with telecom and retail businesses in Q2FY21
Mumbai/IBNS: Mukesh Ambani-owned Reliance Industries Limited (RIL) on October 30 posted huge profits for the quarter-ended September, riding on its telecom and retail verticals.
Global investor KKR to invest INR 5,550 crore in Reliance Retail Ventures
Mumbai/IBNS: Reliance Industries Limited and Reliance Retail Ventures Limited announced on Wednesday that global investment firm KKR will invest INR 5,550 crore into RRVL, a subsidiary of Reliance Industries.
Reliance Retail in advance talks with Silver Lake to sell 1.8 pc stake: Report
New Delhi/IBNS: The retail wing of billionaire Mukesh Ambani controlled Reliance Industries Ltd (RIL) is reportedly in the final stage of talks with US private equity investor Silver Lake to offload 1.7 per cent to 1.8 per cent stake for about Rs 7,500 crore in what could be the first such deal by the retail giant to raise funds, said a media report.