Mukesh Ambani
Retail
Reliance Fresh returns to Kolkata after one year
The Mukesh Ambani-owned Reliance Fresh, which exited West Bengal last year following severe political protests, has re-started business there under police security. The company has opened five stores in the city at New Town (1), Budge Budge (1), and...
Retail
Reliance Retail to launch Paul & Shark
Reliance Brands, the wholly owned subsidiary of Mukesh Ambani-led Reliance Retail, has entered into a 50:50 joint venture with the Italy-based Dama Spa to launch the latter’s luxury sportswear brand Paul & Shark in the country.
Announcing this, Darshan Mehta,...
Retail
Reliance Retail to focus on rural prosperity
Reliance Retail Limited (RRL), the retailing arm of the Mukesh Ambani-led Reliance Industries, has said that bringing in prosperity to the underprivileged rural populace of India remains its prime motive in the coming five years.
Speaking at the company’s 34th...
Retail
Reliance Super in Bhuj
By opening a 10, 663 square feet outlet in the earth quake ravaged district of Bhuj in Gujarat, the Mukesh Ambani-led Reliance Retail Limited (RRL), has launched its eighth Relaince Super in the country.
Speaking to media at the launch,...
Retail
M&S to expand India operations
British retailer Marks and Spencer, who had recently signed a joint venture with Mukesh Ambani-led Reliance Retail in India, has planned to add around 50 new stores to its existing tally of 14 stores in the country by the...
Retail
Canadian firm to build energy-saving outlets for Reliance
From now onwards, all the outlets constructed for all verticals of the Mukesh Ambani-led Reliance Retail will be energy-efficient buildings constructed by Canadian plastics major Nova Chemicals.
Reliance Industries has joined hands with Nova Chemicals for jointly designing and constructing...
Retail
RRL to be a listed company
Mukesh Ambani-led Relaince Industries did not reveal financial figures of its retail vertical Reliance Retail Ltd (RRL) in its FY2007-08 results release, as the company is not listed and is not liable to share its financial results in public.
Contacted...
Retail
Office Depot in India; signs 51:49 JV with Reliance
The Florida-based office stationery retailer Office Depot Inc. (OPD) has signed a 51:49 joint venture with the Mukesh Ambani-led Reliance Retail in India.
In an exclusive revelation to Indiaretailing, Marisa Bluestone, Office Depot spokesperson from the United States, confirmed the...
Retail
M&S partners Reliance Retail to form Tapti
Aiming to establish Marks & Spencer as a major retail brand in India, the UK-based Marks and Spencer Group has entered into a joint venture with Reliance Retail, the retailing arm of Reliance Industries, to form Marks and Spencer...
Retail
RIL declares record turnover for last three quarters
Mukesh Ambani-owned Reliance Industries Limited (RIL), which also includes the retail arm, for the first time had a turnover exceeding Rs 100,000 crore in the nine-month period ended December 31, 2007.
It posted a net profit-after-tax of Rs 8,079 crore...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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