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Mukesh Ambani

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...

Fashion retailer H&M in talks for India foray

Swedish fashion retail giant H&M has started work on entering India. The $15-billion Hennes & Mauritz AB, abbreviated as H&M , began business development talks with India's leading mall developers and corporates with interests in fashion as it looks...

M&S India to increase local sourcing

Marks and Spencer Reliance India (M&S India) has said it will increase its sourcing of local merchandise to 70 per cent in the next two years for its Indian operations. It is also extending its business to Tier 2...

Biyani joins issue with Mukesh Ambani on retail claim

Reliance Industries Chairman Mukesh Ambani’s claim that Reliance Retail has become the largest food retailer in the country has left his competitors unimpressed.Reliance Retail, which started in 2006, runs over 1,000 stores across 86 cities. Of this, over half...

Reliance Retail to enter wholesale business soon

Reliance Retail, one of the largest organized retail company in the country, has recently announced its plan to enter the cash and carry business. The spokensperson from, Mukesh Ambani-led Reliance Industries, said its retail arm Reliance Retail is entering into...

Spencer’s Retail may break even in 18 months

Spencer’s Retail, a part of the RPG group, may take another 18 months to break even, said a senior group executive.The retail major had earlier expected to break even in the last financial year, after recording revenues of around...

Vimal to expand in FY`11

Vimal, the flagship textile brand of Mukesh Ambani-led Reliance Industries, plans to add at least 38 stores to its retail network this fiscal. Presently, the company has a 380 store pan-India presence. "We have 380 stores in the...

Reliance Industries forays into Healthcare

Reliance Industries (RIL) plans to venture into the tertiary healthcare market by acquiring a stake in one of the domestic corporate hospital chains, Fortis. RIL has already sent feelers to brothers Malvinder and Sivinder Singh, promoters of Fortis Healthcare....

Reliance Brands to launch first Diesel store in March

One-and-a-half years after signing a joint venture (JV) with Italy's Diesel, Reliance Brands, part of Mukesh Ambani's Reliance Retail, is set to open the first Diesel store in the country, in March.Diesel is a top name in apparel and...
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Plant-based milk brand OatMlk eyeing massive expansion pan-India

The brand is bullish on investments in technology and spends almost Rs 15000 per month on tech tools they...
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