Growth at RIL will come at a ‘cost’
The two new growth engines—telecom and retail—strive to take India’s largest corporate to a new peak while its traditional businesses continue to be a drag.
reliance retail
January 2021
December 2020
November 2020
September 2020
August 2020
January 2020
December 2019
October 2019
August 2019
The movers and shakers of 2020
2020 was the year of disruption. But it also underlined the resilience of Indian enterprise. The January 2021 issue, therefore, chronicles some of the past year’s game-changing corporate events.
India Inc’s growing appetite for dotcoms
With an increasing number of consumers looking for digital offerings, big boys Reliance Industries and Tata group are scouting for online assets to ramp up their retail offerings.
Saudi fund invests $1.3 bn in Ambani’s retail business
The Public Investment Fund of Saudi Arabia is picking up a 2.04% stake in Mukesh Ambani’s Reliance Retail Ventures. This after it invested $1.5 billion in a sister company, Jio Platforms.
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.
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.
