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Mukesh Ambani

Reliance Retail $3-4 billion funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest

Reliance Retail could raise about $3-4 billion by shedding around 3-4% stake in RRVL in the fresh round as the company looks to retire its debt and make the country’s largest retailer virtually debt-free before a possible initial public...

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 cent New 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 markets New 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 Ambani New 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 presents New Delhi: Reliance Retail is now trying to capture big-time a lucrative frontier of...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Reliance Retail Q1 net profit climbs 19% to Rs 2,448 crore

The company, a part of billionaire Mukesh Ambani-led Reliance Industries Ltd, had posted a consolidated net profit of Rs 2,061 crore in the same quarter of the last fiscal New Delhi: Reliance Retail on Friday reported a 19 per cent rise...

Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma

Reliance Brands would ultimately acquire the company, which specializes in providing sustainable clothing options for kids at affordable rates New Delhi: Reliance Brands, part of Reliance Retail Ventures Ltd (RRVL), is planning to buy Ed-a-Mamma, a kidswear brand promoted by...

Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors

Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm New Delhi: Future Lifestyle Fashions Ltd...
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