Reliance Industries
Retail
Reliance to combine group functions into one unit
In one of the biggest cost-saving exercises, Mukesh Ambani-led USD 35-billion conglomerate Reliance Group is working on setting up a shared service centre that will integrate core support functions, HR, training, commercials and IT services of all group companies...
Retail
Reliance Retail-Pearl Europe JV opens ‘Vision Express’ in India
The newly formed JV of the two largest business conglomerates—European optical major Pearle Europe and India’s leading business conglomerate Reliance Industries Ltd’s subsidiary Reliance Retail Ltd (RRL)—has opened its first outlet in Bengaluru. Branded as ‘Vision Express’, the store...
Retail
India’s young shoppers will increase spending
The young Indian consumer goes all out to seek new experiences from food and wine, installs an in-home spa and holidays in exotic destinations. Modern retail is well on its way to becoming the key driver of the country’s...
Retail
Big TV CEO quits. To rejoin Dish TV?
Arun Kapoor, CEO, Big TV, direct-to-home (DTH) venture of Reliance Group, has resigned, according to company sources. Kapoor is expected to join Zee TV's DTH company, Dish TV again, where he was CEO before moving to BIG TV.
However, when...
Retail
Reliance Retail’s formats now enter Kochi
India’s leading retail giant Reliance Retail has opened stores of its three different formats at Oberon Mall in Kochi. The three formats comprise ‘Reliance Trends’, ‘Reliance TimeOut’ and ‘Reliance Footprint’.
While ‘Reliance Trends’ covers a carpet area of 28,000 square...
Retail
Reliance Brands signs 51:49 JV with Diesel
Reliance Brands, a part of Reliance Industries Limited, has announced a joint venture (JV) with Italian lifestyle brand Diesel to introduce the brand in India.
However, Diesel will hold the majority stake in the 51:49 JV.
Making the announcement, Renzo Rosso,...
Retail
Sanwaria Agro to tie up with Reliance, Vishal
As part of company’s plan to expand its pan India presence, the Itarsi-based Sanwaria Agro Oils Ltd, a leading soya bean processor and producer of refined soya bean oil, will tie up with Reliance Fresh and Vishal Retail soon.
According...
Retail
RIL donates Rs 11 cr for Bihar flood victims
As part of its corporate social responsibility (CSR), Reliance Industries Ltd has donated Rs 11 crore to the Bihar Chief Minister’s Relief Fund for taking forward the government’s relief and rehabilitation program towards its flood victims.
While handing the cheque...
Retail
‘Reliance Mart’ opens in Faridabad
Reliance Retail, the subsidiary of Mukesh Ambani-led Reliance Industries Ltd (RIL), has launched the biggest store of its hypermarket chain ‘Reliance Mart’ at Crown Interiorz Mall in Faridabad.
Spread over an area of around one lakh square feet, the store...
Retail
Retail in the week past
The Indian retail sector, last week, experienced various aspects that can easily make up for an entertaining saga. Apart from new plans, being announced as usual by variuos industry players, we also saw some new and innovative concepts being...
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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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