Reliance Industries
Big Grid
Why it makes sense for Reliance to Acquire Metro Cash & Carry
In addition to strengthening its B2B portfolio, the Metro Cash & Carry acquisition will give Reliance an ideal platform for its FMCG products
New Delhi: The acquisition of Metro Cash & Carry business in India by Reliance Retail will give...
Latest News
Online F&G giant Grofers to cover COVID-19 vaccine cost for employees
Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company's contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added.
Grofers will cover...
Retail
Future Group conceptualising 2 new brands, opening new stores even as its firms receive large orders from Reliance
Future Group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries.
"We have received a large order...
Retail
Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail
IANS -
As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just...
Retail
RIL Group deals account for 45 pc of US$ 26.3 bn PE-VC investments
IANS -
The US$ 12.1 billion invested by global private equity and sovereign wealth funds in Reliance Industries' Jio Platforms (US$ 9.9 billion) and Reliance Retail (US$ 2.3 billion) accounted for 45 percent of the total PE-VC investment value in 2020,...
Retail
Stake sale, Future's asset acquisition to boost RIL retail: Fitch
IANS -
Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group's retail business will solidify the company's position in India's organised retail market and...
Retail
Mukesh Ambani in talks to buy several retail e-commerce firms
IANS -
Mukesh Ambani is looking to expand his retail footprint by acquiring several e-commerce players.
This is being seen as a precursor to the ongoing battle with Amazon for India's hot e-commerce retail market.
Mukesh Ambani's Reliance Industries Ltd. (RIL) is in...
Retail
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report
The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
Food
Reliance Industries' new hyperlocal store format to aid new commerce initiative
Grocery for Reliance Industries is already over US$ 4 billion in sales and the firm is now working on a kirana-driven delivery model for grocery under its new commerce strategy, Credit Suisse said in a report on Thursday.
According to...
Who’s Who
Salim Roopani, Senior VP – Operations, Pacific Malls (Delhi)
Salim Roopani is currently Senior VP - Operations at Pacific Malls (Delhi), one of the premium shopping, entertainment and leisure destinations in India today. He has over 15 years of varied experience in the hotel, retail and real estate industry, with...
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Latest News
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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