Reliance Retail

India's $500-billion FDI milestone: Are there devils in the detail?

96.47% FDI inflows in the last five years have gone to just six cities namely Mumbai, New Delhi, Bangalore, Chennai, Ahmedabad, and Hyderabad.

published on : 27th December 2020

When corporates play the nationalist card

There is a full blown battle on between Amazon and Reliance Retail over the latter’s proposed acquisition of Future Retail.

published on : 29th November 2020

Reliance Retail completes Rs 47,265 crore fundraise from 10.09 per cent stake sale

Reliance Retail Ltd, a subsidiary of RRVL, operates India's largest, fastest-growing retail business serving close to 640 million footfalls.

published on : 19th November 2020

Reliance Industries' retail arm receives Rs 5,550 crore from KKR for 1.28 per cent stake sale

The investment valued Reliance Retail, which runs grocery stores and fashion chains, at a pre-money equity value of Rs 4.21 lakh crore.

published on : 15th October 2020

Abu Dhabi Investment Authority​ to invest Rs 5,512 crore in Reliance Industries' retail arm

Reliance Retail Ventures has now raised Rs 37,000 crore after this investment following buyouts by Silver Lake, KKR, General Atlantic, Mubadala, GIC and TPG.

published on : 6th October 2020

Reliance Industries raises Rs 7,350 crore from GIC, TPG through retail unit stake sale

Through two separate deals, Reliance Industries will sell 1.63 per cent stake in Reliance Retail Ventures Limited (RRVL).

published on : 3rd October 2020

Mubadala picks up 1.4 per cent stake in Reliance Retail for Rs 6,247.5 crore

The investment will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' and Walmart Inc's Flipkart.

published on : 1st October 2020

General Atlantic to invest Rs 3,675 crores in Reliance Retail Ventures

The investment by General Atlantic values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crores and with this its investment will translate into a 0.84 percent equity stake.

published on : 30th September 2020

Reliance Industries shares jump 3 per cent on KKR deal

The stock jumped 2.95 per cent to Rs 2,276.50 on the BSE. Reliance Industries was the top gainer in the Sensex pack.On the NSE, it gained 2.96 per cent to Rs 2,276.75.

published on : 23rd September 2020

US private equity firm Silver Lake to invest Rs 7,500 crore in Reliance Retail

Silver Lake's investment will translate into a 1.75 per cent equity stake in RRVL on a fully diluted basis.

published on : 9th September 2020

Reliance Retail warns of fake JioMart websites seeking franchisees

Reliance in May started its online grocery shopping portal across India. The JioMart shopping app connects local kirana stores with consumers via WhatsApp.

published on : 27th August 2020

Reliance Retail acquires majority stake in e-pharmacy platform Netmeds for Rs 620 crores

Isha Ambani, Director, RRVL, said that this investment is aligned with our commitment to provide digital access for everyone in India.

published on : 19th August 2020

After Jio, Reliance Retail plans to tap global investors for additional capital

Reliance Retail has emerged as the partner of choice for global investors and is on track to be the next big investment driver for Reliance Industries, after Jio.

published on : 16th July 2020

Mukesh Ambani says received strong interest from strategic investors for Reliance Retail

Connecting farmers and delivering their fresh produce directly to homes is a key part of the firm's grocery strategy.

published on : 15th July 2020

After Facebook and Reliance deal,  JioMart uses WhatsApp to deliver groceries

'JioMart has already started interacting with customers on WhatsApp for grocery orders' in Navi Mumbai, Thane and Kalyan, Credit Suisse said in a report.

published on : 27th April 2020