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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...

Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Reliance Retail raises Rs 7,350 crore from GIC, TPG

Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Saturday that global investment firm TPG will invest Rs 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of...

V Mart names TPG's Rajan Sharma as President- Procurement and Sourcing

Strengthening its top management portfolio, V Mart Retail Ltd has appointed Rajan Sharma, as President - Procurement and Sourcing. Sharma comes with over two decades of experience in apparel merchandising and has sourced for major international labels such as Tommy...

Vishal Retail clarifies media report

With reference to the news item appearing in media titled "TPG eyes Stake in Vishal for Rs. 250 cr", Vishal Retail Ltd has clarified to BSE, "Company is under burden of debt and to restructure the debt burden, the...

Shelf Lives

Have you ever wondered why a store merchandises dusters next to cleaning chemicals, a shampoo next to hair dye or chips next to soft drinks? As a shopper, have you ever stopped to think why price is important to...
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The Luxottica report card for 2022

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