Reliance Retail to ramp up fashion, lifestyle arm as store sales rise
RRL has also relaunched Future Group’s department store format Central as Centro in the locations where the lease was taken over by the former.
reliance industries company
September 2022
Reliance Retail's newest offering 75,000 sq ft 'Reliance Centro' opens in Delhi
Reliance Centro is opening in place of Future Group’s department store format ‘Central’, which was taken over by RIL after it failed to make lease payments.
Reliance Retail's JioMart to take on Amazon, Flipkart this festive season
Reliance Retail’s JioMart transitions into a full-scale e-marketplace, offering not just home products, and groceries, but brands across categories like jewellery, beauty, electronics.
Reliance New Energy buys 20% stake in U.S.-based Caelux; stock down 1%
The investment is part of RIL’s strategy to accelerate product development and commercialisation of Caelux’s solar technology.
Windfall tax on diesel, ATF cut; oil stocks rise
The Centre has reduced tax on domestically-produced crude oil to ₹10,500 per tonne from ₹13,300 per tonne; tax levy on diesel lowered to ₹10 per litre.
Sensex, Nifty to open in green; RIL, NDTV, JSW Steel, TCS, Vedanta, HDFC Life shares eyed
The Sensex and Nifty are poised to rise, in line with global peers and strong trends on SGX Nifty futures.
Charting A Family Succession
With multiple stakeholders, succession planning is not only important to pass on the family wealth to the next generation but also to avoid bitter disputes.
Reliance share rises on acquiring Shubhalakshmi Polyesters
Reliance Petroleum Retail has signed a pact to buy the polyester business of Shubhalakshmi Polyesters for ₹1,592 crore.
Sensex, Nifty to open flat; Reliance, ONGC, SpiceJet, Tata Steel, Sunteck, Titagarh shares in focus
The Sensex and Nifty are set to start the week on a muted note ahead of the release of August retail inflation numbers, and industrial output (IIP) data for July.
Ambani's Giga Moves
After retail and telecom, RIL chairman is focusing on trends that will shape the world in the next 5-10 years, including green energy.
