Reliance Retail
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Reliance Retail enters into joint venture for toy manufacturing with Haryana-based firm
Business | Apr 23, 2023, 08:20 PM ISTThe company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
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Reliance Retail Q2 pre-tax profit up 51.2% at Rs 4,404 crore; revenue rises 44.5% to Rs 57,694 crore
Business | Oct 21, 2022, 09:46 PM ISTReliance retail Q2 earnings: The comapny's revenue from operations of the organized retail segment surged 44.50 percent to Rs 57,694 crore in the latest September quarter from Rs 39,926 crore in the year-ago period.
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Reliance Retail partners with Dunzo for Business for Open Network for Digital Commerce: Know more
Technology | Aug 10, 2022, 04:19 PM ISTDunzo is present in the top eight cities in India and has over 10 million users. It is backed by Reliance Retail, Google, Blume Ventures, Aspada Investments, LightBox Ventures, STIC Ventures and 3L Capital, among others.
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Reliance Retail partners with Gap Inc. to bring iconic American brand to India
Business | Jul 06, 2022, 06:06 PM ISTReliance-GAP Partnership: The partnership is aimed at leveraging Gap's position as a leading casual lifestyle brand, and Reliance Retail's established competencies in operating robust omni-channel retail networks.
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Reliance Retail Q4 pre-tax profit rises to Rs 3,705 cr; FY22 gross revenue touches nearly Rs 2L cr
Business | May 06, 2022, 11:51 PM ISTThe retail arm of Reliance Industries Ltd (RIL) saw its EBITDA cross Rs 12,000 crore in the last financial year.
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Amazon-Future case: SC irked over parties filing voluminous records, seeks small common compilation
India | Nov 23, 2021, 03:34 PM ISTKishore Biyani and 15 others including FRL and FCPL have been embroiled in a series of litigations with Amazon, an investor in FCPL, over the deal with Reliance.
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Future-Reliance Retail deal: SC stays Delhi HC order for seizure of Future Group's assets
Business | Sep 09, 2021, 02:16 PM ISTSupreme Court has stayed Delhi HC proceedings on enforcement of Emergency Arbitrator's award restraining FRL from going ahead with merger deal with Reliance Retail.
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Reliance Retail launches saree and ethnic wear concept designed for women
Business | Sep 09, 2021, 12:54 PM IST“Avantra by Trends” is being positioned as the first pan-India brand that will build presence in Metros, Tier 1, Tier 2 & Tier 3 markets with a plan to launch around 30 stores by the end of this FY.
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Reliance Retail acquires sole control of Just Dial
Business | Sep 02, 2021, 10:48 PM ISTThe firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore.
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Future group promoters approach Supreme Court against Amazon
Business | Aug 13, 2021, 09:13 AM ISTThe Supreme Court had on August 6 ruled in favour of Amazon and held that an award of an EA of a foreign country is enforceable under the Indian Arbitration and Conciliation Act.
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SC holds Singapore's EA award against Future-Reliance Retail deal enforceable
Business | Aug 06, 2021, 11:11 AM ISTAmazon Reliance Future Retail Case: Amazon had claimed that Future's deal with Reliance Retail is invalid and violation of its 2019 agreement.
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Reliance retail acquires controlling stakes in Justdial for Rs 3,497 cr
Business | Jul 16, 2021, 08:24 PM ISTThe RRVL would make a Public Announcement to the public shareholders of Just Dial to acquire up to 2.17 crore equity shares of Just Dial representing 26.00% in accordance with SEBI Takeover Regulations.
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Reliance Retail 2nd fastest growing retailer in world
Business | May 09, 2021, 03:57 PM ISTBillionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.
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What is Amazon-Future-Reliance battle? Explained
Business | Mar 27, 2021, 09:00 AM ISTAmazon acquired 49 per cent stake in Future Coupons which is a promoter group entity of Future Retail. Amazon argues that Future's deal with Reliance Retail is invalid and violation of its 2019 agreement.
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Amazon moves Supreme Court against Future-Reliance Retail deal
Business | Feb 11, 2021, 01:43 PM ISTOn February 8, the Delhi High Court had stayed the implementation of status quo ordered by a single-judge bench on the Rs 24,713-crore deal between Future Retail Ltd and Reliance.
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Future Retail says reviewing HC order, Amazon welcomes verdict
Business | Dec 21, 2020, 08:55 PM ISTKishore Biyani-led Future Retail Ltd (FRL) on Monday said it is “reviewing” the Delhi High Court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance.
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Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs 182 cr
Business | Nov 15, 2020, 12:54 PM ISTThe investment represents 96 per cent holding in the equity share capital of UrbanLadder. RRVL has a further option of acquiring the balance stake, taking its shareholding to 100 per cent of the equity share capital of UrbanLadder.
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RIL shares jump over 3% after Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail
Business | Nov 06, 2020, 01:31 PM ISTBillionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.
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Saudi Arabia's PIF invests Rs 9,555 crore in Reliance Retail
Business | Nov 05, 2020, 05:51 PM ISTBillionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore.
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RIL's retail arm receives Rs 5,550 cr from KKR for 1.28% stake sale
Business | Oct 15, 2020, 10:31 AM ISTReliance Industries Ltd (RIL) has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm, the Mukesh Ambani-led company said today.