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Reliance Retail Ventures

Reliance plans offline presence of online beauty platform Tira

The company would open its first offline Tira store in Mumbai and plans to expand its presence in the country, both in a 'shop-in-shop' format and standalone stores New Delhi: Reliance Retail plans to open offline stores of its soon-to-be-launched...

Gap opens its third stand-alone store in India

The new outlet is situated at Sharth City Mall, Hitec City, Kondapur, Hyderabad Bengaluru: Global clothing and accessories retail chain Gap Inc. opens its third stand-alone outlet in India in Hyderabad, a company official announced in a social media post. The new Gap store...

Reliance Retail Launches Beauty E-commerce Platform Tira

Reliance Retail takes on big beauty brands like Nykaa and Tata Cliq with the launch of Tira New Delhi: Reliance Retail has forayed into the beauty space with the launch of its beauty platform, Tira on Tuesday. The platform will...

Reliance Consumer Products partners with Sri Lankan biscuit brand Maliban

The partnership will enable Reliance Consumer Products to access Maliban’s globally recognised product portfolio Mumbai: Reliance Consumer Products Ltd. (RCPL), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Ltd. (RRVL), announced a strategic partnership with Sri Lanka-headquartered...

Amazon Tussle: Future Retail says not every development 'material event for disclosure'

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore. According...

CCI gives nod to Future-Reliance deal, setback for Amazon

Despite Amazon's objections, the Competition Commission of India (CCI) has cleared the Future-Reliance deal. Announcing the decision on Twitter on Friday, CCI said, "Commission approves acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures...

If 'control' is read, as sought by Amazon now, its investment would be violation of FDI policy

The Future Retail shareholders agreement, the Future Coupons shareholders agreement and the Future Coupons share sales agreement are not an integrated transaction and if these agreements were to be treated as a single integrated transaction, it would tantamount to...

Reliance Retail Ventures acquires 96 pc holding in Urban Ladder for Rs 182 cr

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited for a cash consideration of Rs 182.12 crore. The investment represents 96 percent holding in the...

'Amazon's contention misconceived': Future asks bourses to process RIL deal

A week after a Singapore arbitration court directed a temporary stay on Future Retail's buyout by RIL-led Reliance Retail Ventures Ltd (RRVL), Future urged the Indian exchanges, the BSE and the NSE, to process its application for the deal...

In Bezos vs Ambani battle, focus on disclosures by Amazon

In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers. Eight absolutely unknown facts are emerging in the...
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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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