Reliance Industries
In Focus
Reliance Retail Q2 profit rises 21% to Rs 2,790 crore; revenue up 19.5%
PTI -
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...
Fashion & Lifestyle
Reliance Retail’s Yousta enters Mumbai
The new Yousta store is located at Metro Junction Mall, Kalyan, MumbaiBengaluru: Reliance Retail’s youth fashion retail format Yousta has launched its first store in Mumbai, a company official wrote on social media on Tuesday. The new store is...
Retail
Ambani’s children will get no salary, only fee for attending board meetings
PTI -
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commissionNew Delhi: Billionaire Mukesh Ambani's three children as directors...
Finance & Funding
Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares
PTI -
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...
Finance & Funding
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...
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...
Fashion & Lifestyle
Reliance Retail launches its latest Trends store in Kerala
The stand-alone store is located at SN Park Road, Padanapalam, Kannur and is spread across 18600 sq. ft. of real estate
Bengaluru: Fashion and lifestyle department store chain Reliance Trends has launched a new retail store in Kerala’s Kannur district, the...
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
Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail
PTI -
RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores
New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...
Finance and Funding
Reliance Retail to reduce share capital, to pay Rs 1,362 per share
PTI -
This capital reduction plan will make Reliance Retail a 100% subsidiary of Reliance Retail Ventures LimitedNew Delhi: Country's leading retailer Reliance Retail on Friday said it will reduce the equity share capital to the extent held by shareholders other than...
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Latest News
Mango launches Barcelona-inspired Summer collection on Myntra
Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology
New Delhi: Global fashion retailer Mango...
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