It’s raining money for Asia’s richest man
Private equity firm Silver Lake to invest ₹7,500 crore in Mukesh Ambani-led Reliance Retail Ventures.
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Data is the new oil
How Mukesh Ambani-led Reliance Industries is on a mission to prove the above statement right by stringing together its “pearls”—investments into apparently unrelated sectors.
Jio, retail, and refining push RIL’s Q3 net profit up 13.5%
Profit from RIL’s digital services, retail, and refining helped offset weakness in its petrochemicals business.
RIL offers Reliance Retail employees share swap
Employees with stock option of the unlisted Reliance Retail will get one share of RIL for every four shares.
UNIQLO, last of the big three, opens India shop
Japanese fast-fashion brand UNIQLO opened its first shop in New Delhi following in the footsteps of Spanish giant Zara and Swedish high street retailer H&M.
Small is still beautiful
Neighbourhood kirana owners are sprucing up their stores and joining hands with big retailers to meet India’s insatiable appetite for shopping. And consumers are not complaining.
RIL’s triple play: Consumers, investors, and partners
Deleveraging through asset sales, JioFiber, and New Commerce is chairman Mukesh Ambani’s prescription for RIL’s future growth
RIL, BP announce new JV for fuel retailing
The new JV in which 51% will be owned by Mukesh Ambani-led RIL will build a pan-India fuel retail service station network and also sell aviation fuel to airliners.
Nature’s Basket buy a chance for Spencer’s to regain lost markets
With the Godrej group’s food and grocery retailer in its cart, the RP-Sanjiv Goenka Group will gain access to premium customers and valuable private labels to bolster its retail business
Scale matters at RIL
India’s second most valued company has begun FY19 on a positive note with businesses like petchem and Jio aiding robust growth.
