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Reliance Industries

Reliance Retail opens Reliance Smart Bazaar in Thodupuzha

Located at Seemas, Manakkad Junction, the new outlet is the fifth Reliance Smart Bazaar in Thodupuzha Bengaluru: Reliance Retail, a subsidiary of Reliance Industries opened a new Reliance Smart Bazaar in Thodupuzha, Kerala. Located at Seemas, Manakkad Junction, the new outlet...

The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerceBy Sandeep...

Why it makes sense for Reliance to Acquire Metro Cash & Carry

In addition to strengthening its B2B portfolio, the Metro Cash & Carry acquisition will give Reliance an ideal platform for its FMCG productsNew Delhi: The acquisition of Metro Cash & Carry business in India by Reliance Retail will give...

Online F&G giant Grofers to cover COVID-19 vaccine cost for employees

Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company's contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added.Grofers will cover...

Future Group conceptualising 2 new brands, opening new stores even as its firms receive large orders from Reliance

Future Group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. "We have received a large order...

Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail

As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just...

RIL Group deals account for 45 pc of US$ 26.3 bn PE-VC investments

The US$ 12.1 billion invested by global private equity and sovereign wealth funds in Reliance Industries' Jio Platforms (US$ 9.9 billion) and Reliance Retail (US$ 2.3 billion) accounted for 45 percent of the total PE-VC investment value in 2020,...

Stake sale, Future's asset acquisition to boost RIL retail: Fitch

Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group's retail business will solidify the company's position in India's organised retail market and...

Mukesh Ambani in talks to buy several retail e-commerce firms

Mukesh Ambani is looking to expand his retail footprint by acquiring several e-commerce players. This is being seen as a precursor to the ongoing battle with Amazon for India's hot e-commerce retail market. Mukesh Ambani's Reliance Industries Ltd. (RIL) is in...

Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report

The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources. According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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