reliance

Despite the US$ 11.7 billion raised by Reliance Industries Ltd (RIL) through stake sales, venture investments in 2020 have declined by a fifth to US$ 28.9 billion till September, consultancy firm EY said in a report on Thursday. Since mid-March,...

Investments in Jio Platforms and Reliance Retail account for more than 40 percent of private equity and venture capital investments in 2020 between January-September. According to the IVCA-EY PE/ VC roundup, the January-September period recorded investments worth US$ 28.9 billion...

Indian retail is undergoing a rapid transformation propelled by several factors such as rising household incomes, increased consumerism, e-tailing, favourable demographics, and easy credit availability. Though we have experienced phenomenal growth over the past decade, share of organised retail...

In the next four years, Reliance Industries Limited (RIL)'s focus would be to add a third ‘layer of commerce’ and monetize the existing investments across different formats. According to a research report by BofA Securities, in the last 4 years,...

Reliance-owned online grocery delivery service JioMart has launched its app for both Android and iOS users. In addition to the app launch, JioMart is now providing free delivery on all orders. Earlier, only orders worth Rs 750 and above were...

Analysts expect a break-up of Reliance Industries Limited (RIL) in the next 3-4 years through the IPO of the Jio and Retail business segments which should unlock additional shareholder value. Broking house Bernstein said in a research note that Reliance...

As kirana stores lose market share, a tie up with JioMart may be a potential solution and could be beneficial for the viability of kirana stores. According to a report by ICICI Securities, despite all the noise, kiranas likely lost...

Walmart-owned Flipkart will soon launch a new hyperlocal delivery service that will enable customers to receive items from nearby stores, according to sources. Flipkart is looking to start testing the service in Bengaluru in the next few weeks, beginning...

Reliance’s JioMart, online grocery shopping, has gone live in more than 200 towns in the country. Customers can place orders on the website jiomart.com even as Reliance is yet to introduce its app on Google Play Store or Apple App...

Alarmed at Reliance Industries Ltd's e-commerce push in 2020 with online retail arm JioMart that will deliver groceries and other household essentials, Amazon India and the Kishore Biyani-led Future Retail Ltd (FRL), part of the Future Group, on Monday...