Reliance Industries Limited’s immediate focus should be to embark on a ‘value unlocking’ journey on the invested capital. Speedy restructuring into focussed business is the only way to achieve this.
The aim is to add a million in headcount in three years, primarily in the retail arm, as the company transforms itself into an enterprise that now includes two mega consumer and technology businesses.
The oil-to-telecom behemoth has created a strong balance sheet that supports growth plans for three hyper-growth engines—Jio, Retail, and O2C. And as part of CSR, it’s also in the healthcare space.
The oil-to-telecom conglomerate is trying its best to deal with the second wave of Covid-19-induced disruptions in its retail operations. But it will be difficult for Reliance Retail to escape unhurt.
The ongoing legal battle between the retail giants has raised several concerns. The delay in sewing up the deal may spell trouble for the cash-strapped Future Group.
The Mukesh Ambani-led cash-rich giant is all set to carve out its traditional oil-to-chemicals business into an independent subsidiary, and create a holding structure by itself.
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.
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.
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.
