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Reliance Retail Q2 profit rises 21% to Rs 2,790 crore; revenue up 19.5%

The retail arm of Reliance Industries Ltd (RIL) posted a net profit of Rs 2,305 crore in the July-September quarter of FY23, and its revenue from operations was Rs 57,694 croreNew Delhi: The gross revenue of Reliance Retail in...

India’s top grocery retail brands 

These are the biggest grocery retail brands in India by number of storesThe Indian $900 billion annual retail market is expected to swell to $1.3 trillion in the next five to seven years. Food and grocery is the largest component of India’s retail business and the market in...

Reliance Group set to emerge as the leader in the Indian retail landscape, says GlobalData

Reliance Industries Limited (RIL) is grabbing every single opportunity, be it collaborating with technology companies, acquiring leading retailers or adding physical stores or its entry into the online retail space for gaining access to advanced technologies, to gain a...

Paytm expands postpaid services to cover kirana stores, retail chains

Paytm on Monday said it has expanded its ‘Paytm Postpaid’ offering to cover neighbourhood kirana stores and retail chains like Reliance Fresh, Haldiram, Apollo Pharmacy, Croma, Shoppers Stop, among others. Users can utilise Paytm Postpaid to buy grocery and home...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

JioMart to boost online grocery retailing in India by connecting offline vendors with households

Reliance Industries Limited (RIL) had announced its entry into online grocery retailing via a new e-commerce platform, JioMart, in August 2019 and started a pilot for the same in Mumbai in January 2020. Through JioMart, it is planning to...

East India: Evolving into a brand conscious, product savvy retail sector

The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially...

The Rising East: The booming retail market of Eastern India

East India, one of the most conservative markets of India till a decade ago, is breaking shackles across all retail platforms today. Despite being home to a very dense population, the Eastern part of the country missed several glorious...

Reliance Retail Q2 pre-tax profit jumps over 3-fold to Rs 1,392 crore

Reliance Retail has reported an over three-fold jump in its pre-tax profit at Rs 1,392 crore for the second quarter ended September 2018 helped by store expansion and strong value proposition.According to a PTI report: The retail arm of...

Reliance Retail records 105 pc surge in revenue to Rs 69,198 crore.

Segment revenues for Relaince Retail's FY18 grew by 104.9 percent Y-o-Y to Rs 69,198 crore from Rs 33,765 crore. The FY18 revenues are equivalent to US $10.6 billion, and Reliance is the first retailer in India to achieve this...
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Killer Jeans maker KKCL to invest Rs 35 cr in FY25 on capacity expansion, new stores

KKCL had cash of Rs 390 crore in its books and is paying the Rs 166 crore for the...
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