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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...

Acquisitions by Reliance Retail in the last 4 years

From retail tech solutions to intimate wear, here are the key acquisitions by Reliance Retail since 2019 New Delhi: Reliance Retail is one of the fastest-growing retail companies, which according to Reliance Industries Ltd’s (RIL) chairman Mukesh Ambani is the...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trust New Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

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...

Reliance Retail’s Big Plans for Apparel Wholesale, Targeting Mom-and- pop Stores

Akhilesh Prasad, president and chief executive officer, fashion and lifestyle, Reliance Retail talks about the new strategies, categories and market, the brand is expanding into Reliance has started a B2B2C pilot in Pondicherry to provide the entire backend for mom-and-pops...

Marks and Spencer opens stores in Ranchi and Mohali

The Ranchi store is Marks and Spencer’s first outlet in the city and the CP67 Mall outlet is the brand’s second in Mohali New Delhi: British department store chain Marks and Spencer (M&S) has opened two stores recently, one at Mall...

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...

Reliance now bullish on Muji: hires new CEO, plans 22,000 sq. ft. stores

Ryohin Keikaku Reliance India Pvt. Ltd., the Reliance-Muji JV believes that it is the right time to shift into higher gear and introduce larger stores with a bigger product range in the country New Delhi: The Reliance Retail-Muji joint venture...
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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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