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  RIL shares jump over 4% after ADIA invests Rs 5,512.5 crore in Reliance Retail

  Business | October 07, 2020 11:54 IST

  Shares of Reliance Industries Ltd on Wednesday gained over 4 per cent after Reliance Retail Ventures Ltd raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA).  

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  Abu Dhabi Investment Authority invests Rs 5,512.5 crore in Reliance Retail for 1.2 per cent stake

  Business | October 06, 2020 23:06 IST

  Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.

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  GIC to invest ₹5512.5 crore in Reliance Retail: 5 things to know

  Business | October 03, 2020 8:49 IST

  Singapore investment company GIC will invest ₹5512.5 crore in Reliance Retail Ventures Limited (RRVL). The sixth and the latest investment in recent weeks comes -- in exchange for 1.22 percent stake values Reliance Retail Ventures at a pre-money equity value of ₹4.285 lakh crore.  

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  TPG to invest Rs 1,837 crore in Reliance Retail Ventures

  Business | October 03, 2020 8:30 IST

  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 Rs 4.285 lakh crore.

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  Abu Dhabi-based Mubadala to invest Rs 6,247.5 crore in Reliance Retail Ventures for 1.4% stake

  Business | October 01, 2020 21:29 IST

  This marks the second significant investment by Mubadala in a RIL subsidiary after the USD 1.2 billion investment in Jio Platforms announced earlier this year.

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  General Atlantic to invest ₹3,675 crore in Reliance Retail for 0.84% stake

  Business | September 30, 2020 9:12 IST

  General Atlantic, a leading US-based global growth equity firm, will invest Rs 3,675 crore for a 0.84 percent stake in Reliance Retail.    

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  KKR to invest Rs 5,550 crore in Reliance Retail Ventures to pick 1.28 pc equity stake

  Business | September 23, 2020 9:13 IST

  Reliance Industries on Wednesday said global investment firm KKR will invest Rs 5,550 crore in its subsidiary Reliance Retail Ventures Ltd (RRVL) to pick 1.28 per cent equity stake. 

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  Silver Lake picks 1.75 per cent stake in Reliance Retail for Rs 7,500 cr

  Business | September 09, 2020 10:23 IST

  US private equity firm Silver Lake Partners has picked 1.75 per cent stake in Reliance Retail for Rs 7,500 crore, the Indian firm said in a statement on Wednesday. The investment values Reliance Retail at Rs 4.21 lakh crore. 

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  Reliance buys majority stake in Netmeds for Rs 620 crore, takes on Amazon in e-pharma biz

  Business | August 19, 2020 11:35 IST

  Reliance Industries Limited's retail arm has acquired a majority equity stake in online e-pharma company Netmeds for about Rs 620 crore. Foraying into the e-pharma business, Mukesh Ambani-led company will now take on Amazon which entered the market last week.

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  Reliance Retail acquires Shri Kannan Departmental Store

  Business | March 05, 2020 11:48 IST

  Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries (RIL), has acquired 100 per cent stake in Tamil Nadu-based Shri Kannan Departmental Store Private Limited for Rs 152.5 crore.

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  Reliance sends JioMart invites as Mukesh Ambani's RIL takes first step to challenge Amazon, Flipkart

  Business | December 31, 2019 13:05 IST

  Mukesh Ambani's Reliance Retail Ltd (the retail arm of Reliance Industries Ltd) has begun sending invites for launch of JioMart, its new commerce venture. With JioMart, billionaire Mukesh Ambani aims to take on e-commerce giants Amazon and Flipkart.

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  Reliance Retail crosses $10 bn sales, plans to expand network in tier II, III cities in India

  Business | July 31, 2018 11:43 IST

  Reliance Retail has rolled out an online store that offers competitive prices on range of electronics.

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  Lyf Flame 1 launches with 4G Support, Snapdragon 210 SoC at Rs 6,490

  February 09, 2016 12:01 IST

  New Delhi: Reliance Retail's fourth Lyf-branded smartphone, the Flame 1, has been launched at a priced at Rs 6,490. The Lyf Flame 1 is now listed on the company's online store, the Reliance Digital but

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  Reliance Retail will grow 50% in coming years: Mukesh Ambani

  June 06, 2013 17:13 IST

  Mumbai, Jun 6: Aiming to make consumer business a growth engine for Reliance Industries, its Chairman Mukesh Ambani today said the group's retail venture is eyeing 50 per cent growth in annual revenues so as

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  Reliance Retail Poaches Walmart Execs To Head Value Format

  July 04, 2011 17:12 IST

  New Delhi, July 4: Reliance Industries Ltd (RIL) firm, Reliance Retail is making a top management rejig in its value format and will soon announce appointment of two ex-Walmart executives Rob Cissell and Shawn Gray