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Mukesh Ambani

Reliance Retail, Bharti Enterprises in Talks to Buy Carrefour India Assets

Reliance Retail and Bharti Enterprises are understood to be in talks to buy India assets of the world's second largest retailer Carrefour that has decided to exit the country by closing its five stores, states PTI. According to industry...

Reliance Retail to be the Major Growth Engine: Mukesh Ambani

Retail business will emerge as a major growth engine for the consumer segment of Reliance Industries while it will continue with its expansion in existing and new markets besides exploring new channels, said company Chairman Mukesh Ambani, according to...

Gourmet Processed Food brand ‘Tify’ to Enter India with Reliance Retail

Reliance Industries Limited's (RIL) Retail division has been an enormous amount of growth during the past year. Many new outlets have been opened across India and serve as the only place for many people to shop in many locations...

Hamleys to open store in Delhi’s DLF Place mall in May

British toy retailer Hamleys, which operates in India under a franchise agreement with Reliance Retail, is all set to open a flagship store in Delhi, its first-ever in the national capital.The 20,000 sq.ft. store will sprawl across three floors...

Global retail players eye Indian market, ask for regulatory changes

CapitaMalls Asia, one of Asia’s biggest listed shopping mall developers, organised a forum called Retail Global Connexion in Singapore on October 12. About a dozen prominent retailers from all over the world addressed the audiences, sharing their insights and...

Wal-Mart appoints Danone’s Morten Knudsen as CFO for Asia

Wal- Mart Stores Inc. (WMT) appointed Morten Knudsen chief financial officer for Asia as the world’s largest retailer rebuilds its leadership team in the region. Knudsen will join Wal-Mart from Danone (BN), where he was vice president for corporate...

Retailers back at hypermarkets for growth

Mukesh Ambani's Reliance Retail probably signalled the arrival of hypermarkets when it opened the first big-box store spread across 165,000 sq ft in Ahmedabad four years ago. But things did not quite work according to plan and the retailer...

Ambani Sr gives expat team 3 years to rejig retail

Mukesh Ambani, who brought in a new team of expats to head his retail business in the second management shakeup in almost a year, has given the new team three years to turn around the business, said at least...

Armani, Ferragamo scout for allies

Global luxury retailers are again scouting for new Indian partners as existing tie-ups fail to meet their expectations in the sub-continent.Two marquee international brands — Giorgio Armani and Ferragamo — that have joint ventures with leading realty player DLF...

Reliance Retail rejig: Ex-Walmart China execs Cissell & Gray to join as CEO & COO

The retail subsidiary of India's largest private company is set for a top-level churn for the second time in two years as the country gears up to open its food and grocery retail market to foreign companies . Reliance...
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Honasa Consumer enters into high performer cosmetics

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