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Mukesh Ambani

Reliance Retail reports Rs 3,165 crore profit in Q3 FY24

Its revenue from operations surged 23.75% to Rs 74,373 crore in the December quarter of FY24, led by its grocery, fashion & lifestyle and consumer electronics businessesNew Delhi: Reliance Retail Venture Ltd (RRVL) on Friday reported a 31.87% rise...

Global brands entering India through Reliance

Explore the list of brands that made their Indian debut in 2023 or are expected to debut in 2024, becoming an integral part of the Reliance Retail family Bengaluru: In the dynamic landscape of retail, Reliance Retail has emerged as a...

How SupermarketWala Damodar Mall found his calling

Here’s the story behind how the IIT and IIM educated Damodar Mall, chief executive officer of Reliance Retail’s value formats, ended up making a career selling daal chawalNew Delhi: Retail veteran Damodar Mall has earned the moniker SupermarketWala...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

Reliance Retail funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest

About 20 global funds and major investment firms are making a beeline to invest billions of dollars into Reliance Retail as it is widely viewed by international investors as a de facto play on India’s torrid future consumption story New...

KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%

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...

Reliance to take Campa Cola to global markets, starting with Asia and Africa: Isha Ambani at RIL AGM

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...

Several marquee global strategic and financial investors shown strong interest in Reliance Retail: Ambani

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,...

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...

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...
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Zepto achieves 120% revenue growth in FY24, reports strong financial performance

Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to...
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