To improve its coverage of deliveries that take less than 30 minutes throughout its vast network, Reliance Retail has opened more than 600 dark stores around India and intends to open more. After the quarterly results, Reliance Retail CFO Dinesh Taluja responded to an analyst question by stating that JioMart
JioMart, the digital commerce division of Reliance Retail Ventures Limited (RRVL), announced on October 17 that it had extended "quick" deliveries to over 1,000 cities. Alongside its Q2 FY26 results, RRVL released a statement stating that its "quick" delivery operations now cover more than 5,
According to state minister TRB Rajaa, Reliance Consumer Products Limited will invest INR 1,156 crore to establish an integrated manufacturing facility in Tamil Nadu. The plant will be established in SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, the State Industries Minister wrote in a post on X. Over
According to various media reports, Mukesh Ambani, who announced that Reliance Industries' telecom division, Reliance Jio, would go public next year, is also working on listing Reliance Retail, which may be valued at around $200 billion. With the demerger of the fast-moving consumer goods (FMCG) division, Reliance Consumer Products,
The acquisition of Kelvinator by Reliance Retail Ventures Limited (RRVL), a division of Reliance Industries, represents a calculated move into India's growing consumer durables market. Reliance Retail's unparalleled distribution power and Kelvinator's legacy are intended to be combined in this purchase. Known throughout the
During the earnings call earlier this week, Reliance Retail's CFO Dinesh Taluja stated that the company saw a tremendous scale-up in the March quarter, with orders growing by more than 2.4 times.
Mukesh Ambani and his daughter Isha Ambani are reportedly considering job and cost reductions as sales of Reliance Retail declines sharply. This includes reducing marketing expenditures, postponing the opening of new stores, combining Reliance Brands Ltd. with the bigger retail company, and reevaluating international brand alliances. Additionally, higher-paying staff will
Nearly five years after the fast-fashion giant's app was blocked in India due to rising diplomatic tensions between India and its neighbour, China, Isha and Mukesh Ambani's Reliance Retail has successfully reintroduced Shein in India. Shein has returned to one of Asia's biggest retail
According to a media outlet, Kabeer Biswas, a cofounder of the hyperlocal delivery service Dunzo, is expected to become the chief of operations at Flipkart Minutes. Following the departure of numerous other cofounders, including Mukund Jha, Dalvir Suri, and Ankur Agarwal, in recent months, Dunzo has been going through a
According to many news sources, Reliance Retail, the biggest shareholder in the struggling hyperlocal firm Dunzo, has wiped off its $200 million investment in the business. Following the company's liquidity crunch and withdrawal from rapid commerce during the last 24 months, Reliance is also not engaged in any
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MD and Chairman of Reliance Industries, Mukesh Dhirubhai Ambani is India's very own desi Richie Rich. With a staggering net worth of $119.5 billion, the Indian billionaire is not only the richest man in Asia and 9th richest in the world but is also 1st on the
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Isha Ambani, the eldest child of India's richest man, Mukesh Ambani, and coheir to India's largest conglomerate, Reliance Industries, is more than just a billionaire's daughter. Coming from a prominent business family that has shaped India’s economy, Isha could have easily stepped into
The majority of Reliance Retail's fast-moving consumer goods (FMCG) brands, such as Campa and several well-known private labels, are going to be transferred to the newly founded FMCG division of Reliance Consumer Products Ltd (RCPL), which is scheduled to take over their operations. The purpose of this change
Isha Ambani, the Director of Reliance Retail Ventures Limited (RRVL), has disclosed that the organization intends to enter the luxury jewelry sector. Isha announced that the company is looking at expanding into the fashion jewelry and accessories segment as well as the luxury jewelry segment with a curated, design-led experience.
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For a long time now, Reliance Industries has been one of the major Indian conglomerates that has caused a stir. This ideal corporate realm, founded by Dhirajlal Hirachand Ambani, also known as Dhirubhai, a global business titan and visionary, has gone a long way since its beginnings. The narratives of
KKR to invest $250 million in Reliance Retail, increasing Reliance’s valuation to $100 billion. It translates into an additional equity stake of 0.25% in Reliance Retail on a fully diluted basis. KKR & Co. Inc. (KKR.N) has significantly strengthened its investment in Reliance Retail Ventures Limited (RRVL)
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German retailer Metro AG which is trying to sell its Indian cash-and-carry operations for around $1.5-1.75 billion has caught the attention of a lot of big companies. Companies like Reliance Retail, Amazon, TATA Group, Avenue Supermarts — which runs the DMart chain, Thailand's Charoen Pokphand (CP) Group,
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Amazon moved to the Supreme Court of India with a plea to enforce an emergency award challenging the decree of Delhi High Court allowing statutory authorities such as the National Company Law Tribunal (NCLT) and Securities Exchange Board of India (SEBI) to seek approval of application filed by the Future
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The Reliance Retail has achieved success and become the Indian largest retailer, because of its investments, the investor demand for reliance retail business is so strong that Mukesh Ambani [https://startuptalky.com/reliance-industries-amazon-stake/]is putting investors on a wait list. Mubadala an Abu Dhabi based investor has recently decided to