India’s Reliance Retail Ventures Ltd (RRVL), the holding entity of Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its president and CEO. Venugopal will work in close ...
While today’s ecommerce battles are being fought largely between Flipkart and Amazon, Reliance Retail will likely pose the biggest competitor for top ecommerce players next year as per industry ...
India’s Reliance Retail has operationalised more than 600 dark stores [retail facility that resemble a conventional supermarket or other store but are not open to the public, housing goods used to ...
MUMBAI, India--(BUSINESS WIRE)--Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of ...
KKR is doubling down on its bet in Reliance Retail, valuing India’s largest retail chain at $100 billion in a fresh $250 million investment. The deal follows the Qatar Investment Authority investing ...
MUMBAI, India & CAESAREA, Israel--(BUSINESS WIRE)--Reliance Retail Ventures Limited (Reliance Retail), India’s foremost retailer, and Delta Galil Industries, Ltd. (DELG/Tel Aviv Stock Exchange), the ...
The company has been rationalising its store footprint to enhance operational efficiency, which was reflected in higher EBITDA, up 12.7% YoY to ₹6,381 crore, outpacing revenue growth during the ...
Abu Dhabi Investment Authority agreed to buy an additional stake in Indian billionaire Mukesh Ambani’s rapidly expanding retail unit for 49.7 billion rupees ($597 million). ADIA will acquire a 0.6% ...
The FMCG business delivered topline of Rs 4,400 crore in Q1, Taluja added, which was a growth of two times versus last year. Reliance Retail, the retail arm of Reliance Industries (RIL), on Friday ...
The Public Investment Fund, which has this year invested $1.5 billion in Mukesh Ambani’s telecom venture Jio Platforms and more than half a billion dollars in his fiber-optic business, has returned to ...
The retail arm of billionaire Mukesh Ambani’s Reliance Industries purchased an 89% equity stake in Purple Panda Fashions, which owns and operates Clovia, for $125 million. Purple Panda Fashions’ ...