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Mukesh Ambani

Mukesh Ambani assures small vendors and shopkeepers

Having faced opposition from small vendors and shopkeepers in Uttar Pradesh and Orissa to its retail outlets, Reliance Industries assured them Monday the retail operations by the company would in no way jeopardise their interests, but would rather provide...

French luxury brands eager for Indian pie

India's luxury perceptions were decoded when French luxury association Comite Colbert organised a meet on "Luxury and India" in Paris, with a minister urging for developing a country-specific model."An India-specific model for French luxury brands entering the country will...

Reliance to increase workforce

Undeterred by the protests against it, Reliance Retail has drawn up plans to increase its workforce to one million within the next four years."We will be having a million people working for us within the next four years. What...

Reliance: No non-veg retail

In interests of the company’s vegetarian shareholders, Reliance Retail will not sell any meat, poultry or fish, confirmed company chairman Mukesh Ambani.“Reliance will not attach its name with non-veg,” said Ambani at the company’s annual general meeting (AGM) on...

Reliance to start wholesale stores for small traders

Aimed at appeasing those opposed to Reliance Fresh, Chairman of Reliance Industries Limited (RIL), Mukesh Ambani plans to start wholesale stores on a “pilot basis” to sell goods to small traders and shopkeepers.Addressing investors at the annual general meeting...

Protests not to deter retail says Mittal

The ongoing protests and prevailing political uncertainty would not impact on the retail sector, said leading industrialist Sunil Bharti Mittal who is set to launch a joint venture with American giant Wal-Mart.“This is a democracy and all these protests...

Anil Ambani group to foray into mobile retail

As though facing opposition from small traders is not enough, Mukesh Ambani's Reliance Retail now has to face a battle against brother Anil Dhirubhai Ambani group who has chalked out plans to go into what is described as Mobi-Retail.Under...

Mukesh pips Lakshmi to richest post

Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world, thanks to the unprecedented boom in the domestic stock market. Ambani’s net worth has soared past $50 billion, making...

Coming soon: Reliance Lifestyle

Days after confirming their plans to foray into standalone apparel stores, Mukesh Ambani-led Reliance Retail is planning a new foray into the lifestyle segment. Christened as Reliance Lifestyle, the stores will retail national and international brands of cosmetics, watches,...

ASSOCHAM asks UP chief minister to order reopening of Reliance Retail

With reports of Reliance Retail planning to wind up operations in Uttar Pradesh, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) Wednesday asked state Chief Minister Mayawati to revoke order closing the retail stores in Ghaziabad and...
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