Reliance Retail

Showing of 1 - 20 from 80 results
Reliance Retail - Total results - 80
GIC and TPG pick up stake in Mukesh Ambani's Reliance Retail; to invest combined Rs 7,350 cr
Business

GIC and TPG pick up stake in Mukesh Ambani's Reliance Retail; to invest combined Rs 7,350 cr

The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL

Silver Lake's co-investors to add another Rs 1,875 crore investment in Reliance Retail
Business

Silver Lake's co-investors to add another Rs 1,875 crore investment in Reliance Retail

Earlier on 30 September, private equity firm General Atlantic said it will invest Rs 3,675 crore in Reliance Retail in exchange for a 0.84 percent stake

Mubadala buys 1.4% of Reliance Retail; Abu Dhabi-based company to invest Rs 6,247.5 cr in RIL unit
India

Mubadala buys 1.4% of Reliance Retail; Abu Dhabi-based company to invest Rs 6,247.5 cr in RIL unit

In June, Mubadala invested Rs 9,093 crore in Jio Platforms, the digital services division of Reliance Industries. Several of the overseas investors in Jio have now turned their attention to Reliance Retail

General Atlantic to invest Rs 3,675 crore in Reliance Retail for 0.84 percent stake
Business

General Atlantic to invest Rs 3,675 crore in Reliance Retail for 0.84 percent stake

The investment values Reliance Retail at a pre-money equity value of Rs 4.28 lakh crore, which is more than the previous two deals done at a valuation of Rs 4.21 lakh crore

US investment firm KKR to invest Rs 5,500 crore for 1.28% stake in Reliance Industries retail unit
Business

US investment firm KKR to invest Rs 5,500 crore for 1.28% stake in Reliance Industries retail unit

The latest investment by KKR, which has a long history of building leading global enterprises, in Reliance Retail underscores its clear belief that the RIL unit is set to lead a disruptive, technology-led transformation of Indian retail sector particularly relevant in the post-pandemic India.

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% stake; private equity firm holds 2.08% in Jio Platforms
Business

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% stake; private equity firm holds 2.08% in Jio Platforms

With this deal, Jio Platforms and Reliance Retail now account for over Rs 9 lakh crore of RIL's valuation.

RIL AGM 2020: Reliance Retail at forefront of bringing about Organised Retail Revolution in India, says Mukesh Ambani
India

RIL AGM 2020: Reliance Retail at forefront of bringing about Organised Retail Revolution in India, says Mukesh Ambani

The company is also partnering with farmers, small and medium-scale manufacturers, merchants, vendors, start-ups and global companies.

RIL AGM 2020: JioMart has been successfully piloted with kirana partners, says Mukesh Ambani
India

RIL AGM 2020: JioMart has been successfully piloted with kirana partners, says Mukesh Ambani

More than two-thirds of Reliance Retail's nearly 12,000 stores are operated in Tier II, Tier III and Tier IV towns.

RIL AGM 2020: Google to pick up 7.7% stake in Jio; Saudi Aramco deal on hold due to pandemic, says Mukesh Ambani
India

RIL AGM 2020: Google to pick up 7.7% stake in Jio; Saudi Aramco deal on hold due to pandemic, says Mukesh Ambani

With Google coming on board, Reliance has completed its target of capital raising for Jio Platforms, Ambani said.

Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent
Business

Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent

The deal adds to a pile of funds raised by Jio in recent months and comes close on the heels of Abu Dhabi sovereign fund Mubadala Investment Company injecting Rs 9,093.6 crore on 4 June.

Reliance Industries launches JioMart service across cities after conducting pilot runs in Maharashtra
Business

Reliance Industries launches JioMart service across cities after conducting pilot runs in Maharashtra

JioMart is an online destination for grocery shopping that it is powered by Reliance Retail's Smart and Fresh stores

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar
Business

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar

In the new normal for Reliance Industries Limited, investors in Jio Platforms like Silver Lake and Vista Equity are more like knowledge and network partners.

Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis
Business

Industry leaders applaud Facebook-Jio deal; say India to be growth epicentre post-COVID crisis

Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns

Facebook buys 9.9% stake in Reliance Jio: Why it is a win-win deal for both; key highlights of $5.7 billion deal
Business

Facebook buys 9.9% stake in Reliance Jio: Why it is a win-win deal for both; key highlights of $5.7 billion deal

Facebook makes the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the technology sector in India, Reliance Industries Limited (RIL) said in a statement.

Reliance Foundation's 'Mission Anna Seva' biggest free meal programme run by any corporate: Nita Ambani
Business

Reliance Foundation's 'Mission Anna Seva' biggest free meal programme run by any corporate: Nita Ambani

Reliance Foundation's ''Mission Anna Seva'' that aims to provide over 3 crore meals to marginalised communities and frontline workers facing hardships during the lockdown, is the largest free meal programme by any corporate foundation globally, its chairperson Nita Ambani said

Reliance Industries arm RRVL acquires Shri Kannan Departmental Store for Rs 152 cr; to strengthen group's retail operations
Business

Reliance Industries arm RRVL acquires Shri Kannan Departmental Store for Rs 152 cr; to strengthen group's retail operations

Reliance Retail Ventures will acquire 7.86 lakh equity shares representing 100 percent of SKDS equity share capital.

Mukesh Ambani's Reliance Retail valued at $34 bn in new share-swap scheme; bigger than UK's supermarket chain, Tesco
Business

Mukesh Ambani's Reliance Retail valued at $34 bn in new share-swap scheme; bigger than UK's supermarket chain, Tesco

The valuation of Reliance Retail, which is also the top wholesale supplier to small shopkeepers, is double that of Avenue Supermarts Ltd, which runs India's biggest supermarket chain. Tesco is valued at $32 billion

Reliance Foundation collects record 78 tonnes of waste plastic bottles for recycling; to be made into value-added fibres
Business

Reliance Foundation collects record 78 tonnes of waste plastic bottles for recycling; to be made into value-added fibres

The Foundation's drive was made possible by mobilising over three lakh employees, their family members and partners of RIL and its allied businesses like Jio and Reliance Retail across their several locations in India.

Reliance Industries Q2 net profit jumps 18% to record Rs 11,262 cr on turnaround in refining margins
Business

Reliance Industries Q2 net profit jumps 18% to record Rs 11,262 cr on turnaround in refining margins

Oil to telecom conglomerate, Reliance Industries on Friday reported an 18.3 percent rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal on the back of a turnaround in refining margins and continued rise in consumer businesses of retail and telecom

Amazon in talks to buy 26% in Reliance Retail amid e-commerce firm's bid for foray into online food delivery business
Business

Amazon in talks to buy 26% in Reliance Retail amid e-commerce firm's bid for foray into online food delivery business

Talks began after Reliance’s negotiations with China’s Alibaba Group to sell a stake in the retail entity fell through due to differences overvaluation.