January 22, 2022 14:36 (IST)
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India logs 3.37 lakh new COVID-19 cases, 488 deaths in 24 hours | Mumbai high-rise fire kills 6, injures 15 | Karnataka ends weekend curfew, continues night restrictions | 'Was being a bit tongue-in-cheek': Priyanka Gandhi Vadra on Congress CM candidate in UP | SC refuses to censor Kangana Ranaut's social media posts

Reliance Retail acquires 52 pc stake in Ritu Kumar's designer labels

Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.

Reliance Retail to launch 7-Eleven Convenience stores in India

Mumbai/UNI: Reliance Retail Ventures Limited (RRVL), through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (“SEI”) for the launch of 7-Eleven convenience stores in India, company officials said Thursday.

RIL extends deadline for completion of Future deal

Mumbai/IBNS: Reliance Retail Ventures Ltd. (RRVL) has extended the long-stop date for the completion of its deal with Future Group by six month to March 31, 2022, according to media reports.

Saudi sovereign fund PIF invests Rs 9,555 cr for 2.04% stake in Reliance Retail Ventures Ltd

Mumbai/IBNS: Mukesh Ambani led  Reliance Industries Ltd on Thursday announced that Saudi Arabia's sovereign Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04% in Reliance Retail Ventures Limited (RRVL).

Reliance Retail buys Future Group's retail, supply chain and other business for Rs 24,713 cr

Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries led by billionaire Mukesh Ambani, Saturday announced that it is acquiring the retail and wholesale as well as logistics and warehousing businesses of the Future Group for Rs 24,713 crore as going concerns on a slump sale basis, according to media reports.