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The Latest Breaking News from Reliance Retail

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational…

The Economic Times

Shein Returns To Indian Market Through A Partnership With Reliance

After nearly five years of absence following the app's ban, the relaunch comes with stringent conditions.

International Business Times

Clarks Terminates Joint Venture With Reliance Retail, Closes India Stores

Clarks terminates joint venture with Reliance Retail in India, leading to closure of all stores. Challenging times ahead for Clarks with potential global j...

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A peek at the world’s first jeans made of discarded cigarette butts at Lee Cooper

Reliance retail and Code Effort join hands to launch the world’s first jeans made of discarded cigarette butts as part of the Lee Cooper Eco Collection

The Hindu

District Consumer Commission orders Reliance Retail to compensate senior citizen for delivering different refrigerator model

Elderly man wins compensation after receiving a refrigerator model different from the one he paid for, but he was denied replacement due to prolonged use.

The Hindu

Reliance Retail’s standalone Swadesh store opens in Hyderabad

Nita Ambani inaugurated the first Swadesh store of Reliance Retail in Telangana, a 20,000 sq ft store showcasing products made by India's skilled artisans.

The Hindu

Qatar wealth fund invests $1 billion in Reliance Retail Ventures

MUMBAI: Qatar’s sovereign wealth fund invested 82.78 billion rupees ($1 billion) into the rapidly growing retail business owned by Asia’s richest man Mukesh Ambani, as India’s biggest brick-and-mortar retailer looks to expand its operations.

The Times of India

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Reliance brings back Campa Cola of the 70s

NEW DELHI: Billionaire Mukesh Ambani's Reliance re-launched the 50-year-old iconic beverage brand Campa Cola in a new contemporised avatar as it looks to ramp up its own consumer goods offering to take on competition from Adani, ITC and Unilever.

The Times of India

Indian retail industry to reach $2 trillion by 2032: Reliance Retail director Subramaniam V

NEW DELHI: The Indian retail market is one of the fastest growing in the world and is expected to reach $2 trillion by 2032, according to Reliance Retail director Subramaniam V.

The Times of India

Reliance Industries Q3 net profit falls 15%; Jio posts 28% gains: Key points from RIL results

NEW DELHI: India's biggest company in terms of market capitalisation, Reliance Industries, on Friday posted 15% decline in consolidated net profits for the third quarter ended December 2022.

The Times of India

Reliance Retail Q2 pre-tax profit up 51.2% at Rs 4,404 crore; revenue rises 44.5% to Rs 57,694 crore

NEW DELHI: Reliance Retail on Friday reported a 51.18 per cent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls.

The Times of India

Reliance Retail collaborates with NBA to sell merchandise in India

NEW DELHI: Reliance Retail on Wednesday said it has entered into a multi-year collaboration with NBA to sell the global sports organisation's merchandise at its stores in India.

The Times of India

India’s Reliance Launches First In-house Premium Fashion Store

Reliance Industries Ltd's (RELI.NS) retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab a bigger slice of India's luxury market. The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with…

Asharq Al-Awsat

Reliance Retail launches fashion & lifestyle store 'Reliance Centro'

NEW DELHI: India’s largest retailer Reliance Retail on Tuesday announced the launch of its fashion lifestyle departmental store Reliance Centro.

The Times of India

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The Times of India

Reliance Retail seeks shareholders' nod for doubling borrowing limit to Rs 1 lakh crore

NEW DELHI: Reliance Retail Ltd has sought shareholders' approval for doubling its borrowing limit to Rs 1 lakh crore.

Al Jazeera

Reliance emerges as a winner after India’s wheat ban

Reliance had the paperwork it needed to export wheat and has quickly become the No 2 exporter since the ban.

The Times of India

5G rollout by Diwali, Qualcomm partnership: Key points from Reliance Industries' AGM

NEW DELHI: Reliance Industries on Monday conducted its 45th annual general meeting (AGM). This is the 3rd time when RIL conducted its AGM virtually.

The Times of India

Reliance to enter FMCG business this year, partner 1 crore merchants in 5 years

NEW DELHI: The country's largest retailer Reliance Industries on Monday announced that it will enter the fast-moving consumer goods (FMCG) business this year as part of its expansion plan.

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The Times of India

Reliance Retail Q4 pre-tax profit rises to Rs 3,705 crore; FY22 gross revenue touches nearly Rs 2 lakh crore

NEW DELHI: Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022 and its gross revenue for the full fiscal jumped to nearly Rs 2 lakh crore.

Nottingham Post

Boots could be taken over by eighth richest man on earth as Mukesh Ambani in rumoured bid

He's believed to be teaming up with a US giant

Birmingham Post

Eighth richest man on earth Mukesh Ambani rumoured to be planning joint takeover of Boots

Boots CEO Seb James stressed this month there was 'a lot of interest' in business amid fears £7bn sale had stalled

The Times of India

FRL shareholders' e-voting ends; EGM for shareholders, creditors to be held on April 20, 21

NEW DELHI: The electronic voting process for shareholders of the debt-ridden Future Retail Ltd (FRL) ended on Tuesday evening ahead of the meetings of the shareholders and creditors to approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail despite opposition from e-commerce major Amazon and…

The Times of India

Future Retail claims shareholders' meet for Reliance deal is legal, in response to Amazon's allegations

NEW DELHI: Big Bazaar-parent Future Retail (FRL) on Friday said the meetings of its shareholders and creditors that are scheduled to be held on April 20 and 21 for the approval of its proposed deal with Reliance Retail are “legal” and conform to the directions issued by the National Company…

The Times of India

Future Retail's shareholders' meet to approve Reliance deal is 'illegal': Amazon

NEW DELHI: Amazon has written to Big Bazaar-parent Future Retail alleging that the upcoming meetings of its shareholders and creditors for the approval of the retailer’s proposed Rs 24,700-crore deal with Reliance Retail is “illegal”.

The Times of India

Amazon-Future dispute: SC asks whether it can pass orders restraining alienation of FRL's assets

NEW DELHI: The Supreme Court on Friday asked whether it can pass any interim order on a plea of Amazon that Future Retail's assets including 'Big Bazaar shops' not be alienated till the dispute over it's merger with Reliance Retail is decided by the arbitral tribunal.

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