Mukesh Ambani
Finance and Funding
KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%
PTI -
After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per centNew Delhi: Global investment firm KKR will...
Food & Beverage
Reliance to take Campa Cola to global markets, starting with Asia and Africa: Isha Ambani at RIL AGM
PTI -
Reliance Retail, after acquiring Campa Cola from Pure Drinks Group for Rs 22 crore last year, re-launched it and the product is available in selected marketsNew Delhi: Reliance Retail is scaling up the production of the home-grown cola brand...
In Focus
Several marquee global strategic and financial investors shown strong interest in Reliance Retail: Ambani
PTI -
In less than three years, valuation of Reliance Retail has been doubled and the pace of this value creation is "unmatched globally", says AmbaniNew Delhi: Several marquee global strategic and financial investors have shown strong interest in Reliance Retail,...
In Focus
Reliance Retail will be RIL’s fastest-growing business: Mukesh Ambani
Reliance Retail delivered an EBITDA of Rs17,928 crore and a net profit of Rs 9,181 crore
New Delhi: Reliance Retail will become Reliance Industries Ltd’s (RIL) fastest-growing business in revenues and EBITDA (earnings before interest, taxes, depreciation and amortization) in...
In Focus
From food to fashion, beauty to FMCG, Reliance is eyeing India’s vast value retailing market
The country’s largest retailer by sales and by number of stores has lined up a host of initiatives to capitalize on the opportunity the subsegment presentsNew Delhi: Reliance Retail is now trying to capture big-time a lucrative frontier of...
Finance and Funding
Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation
The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd
New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...
Retail
Reliance Retail Q1 net profit climbs 19% to Rs 2,448 crore
PTI -
The company, a part of billionaire Mukesh Ambani-led Reliance Industries Ltd, had posted a consolidated net profit of Rs 2,061 crore in the same quarter of the last fiscalNew Delhi: Reliance Retail on Friday reported a 19 per cent rise...
Fashion & Lifestyle
Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma
PTI -
Reliance Brands would ultimately acquire the company, which specializes in providing sustainable clothing options for kids at affordable ratesNew Delhi: Reliance Brands, part of Reliance Retail Ventures Ltd (RRVL), is planning to buy Ed-a-Mamma, a kidswear brand promoted by...
Fashion & Lifestyle
Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors
PTI -
Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firmNew Delhi: Future Lifestyle Fashions Ltd...
Fashion & Lifestyle
Aditya Birla Group to foray into branded jewellery retail business; to invest Rs 5,000 crore
PTI -
The new venture, Novel Jewels, will build large-format exclusive jewellery retail stores across India, with in-house jewellery brandsNew Delhi: Leading business conglomerate Aditya Birla Group on Tuesday said it is foraying into the branded jewellery retail business with an...
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Latest News
How Nuutjob pioneered men’s intimate hygiene category in India
The company started with three products and now it has expanded offerings to over 9 products including one product...
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