Tag: Reliance Retail

Reliance Retail valued at Rs 8.4 lakh crores as ADIA buys 0.6% equity

businessnewstoday- October 7, 2023

Abu Dhabi Investment Authority's wholly-owned subsidiary is set to make a significant investment of ₹4,966.80 crore into Reliance Retail Ventures Limited (RRVL), a prominent subsidiary ... Read More

KKR to invest Rs 2,069.5cr in Reliance Retail Ventures Limited

businessnewstoday- September 11, 2023

Global investment firm KKR will invest ₹2,069.50 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited. The investment elevates RRVL's pre-money ... Read More

Qatar Investment Authority to inject Rs 8,278cr into Reliance Retail Ventures

businessnewstoday- August 23, 2023

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, revealed that the Qatar Investment Authority (QIA) will invest ₹8,278 crore into the company. ... Read More

Reliance Industries reports mixed 1Q FY24 results: revenues down, EBITDA up

businessnewstoday- July 22, 2023

Reliance Industries Limited (RIL) reported its financial results for the quarter ended June 30, 2023, revealing a mixed performance. Gross revenue dropped by 4.7% year-on-year ... Read More

Reliance Jio accelerates digital inclusion with Jio Bharat phone to bridge 2G divide

businessnewstoday- July 4, 2023

In a milestone step towards their '2G-Mukt Bharat' vision, Reliance Jio has unveiled the 'Jio Bharat' phone platform, aiming to uplift the digital capabilities of ... Read More

Reliance Consumer Products acquires 51% stake in Lotus Chocolate Company

businessnewstoday- May 26, 2023

Reliance Consumer Products Limited (RCPL) has completed the previously announced acquisition of a 51% controlling stake in Lotus Chocolate Company Limited for a total consideration ... Read More

Reliance Industries 3Q FY23 profit remains flat at Rs 178bn

businessnewstoday- January 24, 2023

Reliance Industries Limited (RIL) has reported a 0.6% increase in its net profit for the quarter ended 31 December 2022 (3Q FY23) to INR 17,806 ... Read More

Reliance Retail to buy cash & carry wholesaler Metro India for Rs 2,850cr

Raghuram Kadari- December 24, 2022

Reliance Retail Ventures, an arm of Reliance Industries, will acquire Metro Cash & Carry India (Metro India), a wholly-owned subsidiary of Germany-based Metro AG, for ... Read More

Reliance Industries 1Q FY23 profit surges by 41% to Rs 194bn

businessnewstoday- July 23, 2022

Reliance Industries Limited (RIL) has reported a 40.8% increase in its net profit for the quarter ended 30 June 2022 (1Q FY23) to INR 19,443 ... Read More

Reliance Brands to take stake in Plastic Legno’s Indian toy manufacturing business

pallavi123- June 1, 2022

Reliance Brands Limited (RBL) has agreed to acquire a stake of 40% in the Indian toy manufacturing business of Italy-based Plastic Legno for an undisclosed ... Read More