Reliance Retail buys stake in hyperlocal delivery company Dunzo for $200m
Reliance Retail Ventures, the retailing arm of Reliance Industries, has acquired a stake of 25.8% in Bengaluru-based hyperlocal delivery company Dunzo for $200 million. Dunzo ... Read More
Reliance Retail Ventures acquires amanté lingerie brand in Sri Lanka
Reliance Industries Limited said that its subsidiary — Reliance Retail Ventures Limited (RRVL) has acquired the amanté lingerie brand from MAS Brands for an undisclosed ... Read More
Reliance Retail acquires 41% stake in search engine platform Just Dial
Reliance Retail Ventures (RRVL) said that it has acquired a controlling stake of 40.98% in Indian local search engine platform Just Dial Limited. As per ... Read More
Reliance Industries Limited 1Q FY22 net profit surges 66.7% to Rs 138bn
Reliance Industries Limited has reported a 66.7% increase in its profit after tax for the quarter ended 30 June 2021 (1Q FY22) to INR 13,806 ... Read More
Reliance Retail Ventures to acquire 67% stake in Just Dial for $470m
Reliance Retail Ventures (RRVL) has agreed to acquire a controlling stake of 66.95% in Just Dial, an Indian local search engine platform, for INR 3,497 ... Read More
SEBI approves Reliance Industries acquisition of Big Bazaar and other businesses of Future Group
The Securities and Exchange Board of India (SEBI) has approved the previously announced INR 247.13 billion ($3.39 billion) acquisition of Big Bazaar and other businesses ... Read More
Mukesh Ambani’s Reliance Retail Ventures secures $2.36bn foreign investments
Reliance Industries has secured equity investments totaling INR172.75 billion ($2.36 billion) for its retail holding subsidiary Reliance Retail Ventures Limited (RRVL) through multiple deals. On ... Read More
Silver Lake to invest $1bn in Indian retailer Reliance Retail
Indian conglomerate Reliance Industries said that US private equity firm Silver Lake will invest INR 7,500 crore ($1.02 billion) for a stake of 1.75% in ... Read More
Reliance Retail Ventures to acquire Big Bazaar and other businesses of Future Group
Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries, has agreed to acquire the retail and wholesale business and the logistics and warehousing business from ... Read More