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Reliance Industries

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...

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...

Ambani’s children will get no salary, only fee for attending board meetings

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...

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 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...

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...

Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

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...

Reliance Retail to reduce share capital, to pay Rs 1,362 per share

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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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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