RIL spends ₹1 lakh crore in 9 months on 5G rollout, retail expansion and Giga factories
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
reliance retail
January 2023
December 2022
RIL Q3 results: Profit drops 15% YoY to ₹15,792 cr, revenue up 13%
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
Lotus Chocolate hits upper circuit as Reliance makes open offer to buy 26% stake
Reliance Group firms will together acquire 33.38 lakh shares of Lotus Chocolate from the open market at a price of ₹115.50 per share.
Lotus Chocolate stock jumps 5% as Reliance acquires majority stake
Reliance Consumer Products Ltd, the fast-moving consumer goods arm of Reliance Industries, acquired a 51% stake in Lotus Chocolate Company for ₹74 crore.
6 Hits and Misses of Mukesh Ambani's 20 years as RIL Chairman
From petrochemicals to petroleum refining and further onto telecom and retail, Mukesh Ambani has built multiple business empires in the last two decades.
Stage set for aggressive bidding at Future Retail
The potential bidders include Reliance Retail Ventures, an Adani joint venture and WH Smith Travel.
Metro Cash & Carry stores to play B2C also for Reliance
Reliance bought the cash & carry chain of 31 large format stores at ₹2,850 crore.
Reliance acquires METRO Cash & Carry India for ₹2,850 cr
The acquisition of METRO India aligns with RRVL’s strategy of building a model through collaboration with small merchants and enterprises, says Isha Ambani.
Reliance Retail to sell 2% stake in Just Dial; stock falls 2%
Reliance Retail, the promoter of Just Dial, will sell 16.86 lakh equity shares of the company through open market to meet minimum public shareholding norms.
Why are Reliance, Adani and Tatas excited about the business of staples?
Only 11% of the atta sold is branded. Just 5% of rice is branded, while 95% of sugar and 92% of pulses are sold loose
