Luxury brands like Gucci, Cartier, and Louis Vuitton have inked leases for stores in the new Mumbai mall created by Indian tycoon Mukesh Ambani, capitalising on robust economic growth and a surge in the number of millionaires. The Jio World Plaza, set to open this year within Reliance Industries’ USD 1 billion business and cultural […]
Reliance Jio is relatively ahead of its peers in preparing for fixed wireless access (FWA) deployment because of its wider 5G coverage, availability of wider-spectrum bands including 700MHz, and improved fibre infrastructure, among others, said Emkay Global Financial Services in a report. Stating that Reliance Jio has already committed to a USD 25 billion investment […]
The largest oil company in India, Indian Oil Corporation (IOC), has managed to be the highest bidder for half of the natural gas that Reliance Industries and its partner, BP from UK, offered in the most recent auction of the fuel needed to create CNG, generate electricity, and fertiliser. As per reports, IOC got 2.5 […]
Reliance Consumer Products (RCPL) has announced its foray into the western snacks category with the launch of Alan’s Bugles in India. RCPL is the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL). With this, consumers in India will be able to purchase Bugles products. The international corn chips snacks brand with […]
Reliance and Adani, two of the biggest corporate conglomerates run by high-profile billionaires Mukesh Ambani and Gautam Adani, dropped their initial plan to buy the assets of Future Group. While the two companies are mum about their most recent actions, reports claim that they had to alter their plans due to the high value of […]
Reliance Consumer Products Ltd (RCPL) and Ceylon Beverage International have partnered for the contract packaging of the Campa-Cola beverage brand’s canning operations in India. Ceylon Beverage International, promoted by former cricketer Muttiah Muralitharan and based in Sri Lanka, will co-pack cans for the Campa soft drinks portfolio in India. Reports suggest that the agreement may […]
RIL Chairman and Managing Director Mukesh Ambani on Friday said Reliance’s initiatives in digital connectivity and organised retail are driving greater efficiencies in the economy and contributing to India’s emergence as one of the fastest-growing economies. Reliance Industries Limited (RIL) on Friday announced consolidated results for quarter/ year ended March 31, 2023. RIL posted an […]
Reliance Industries Limited (RIL) is reportedly bringing on board RS Sodhi, former Managing Director of the Gujarat Cooperative Milk Marketing Federation (GCMMF), to help grow its grocery business. The move aims to expand Reliance Retail Ventures Limited’s (RRVL) presence in India’s grocery space, with a particular focus on fruits and vegetables. Sodhi will also oversee […]
Continuing its business expansion, Reliance Retail on Tuesday launched the fifth store of its premium fashion and lifestyle brand ‘AZORTE’ at Airia Mall, Sector 68, Gurugram. Spread across 22,000 square feet of retail space, Reliance Retail said this store would strengthen its commitment to a multi-format approach to cater to all consumer segments and disrupt […]
Reliance Retail on Wednesday launches Tira, an online beauty platform, according to media reports. The beauty ecommerce space is rapidly growing and tapping the market, there are players such as Nykaa, Tata CLiQ Palette, Sephora, SS Beauty by Shopper’s Stop and more. The reports further reveal that Tira, which Reliance intends to scale up with […]
