Reliance Retail

Reliance Retail begins accepting digital rupee for deals

Reliance Retail
February 2, 2023

Reliance Retail on Thursday blazoned it has begun accepting retail payments via the Indian government’s Digital Rupee across its stores in the country. Reliance Retail launched the first in- store acceptance of the RBI- created and Blockchain- grounded Central Bank Digital Currency (CBDC) at its epicure food store Freshpik then.

Reliance Retail mates with 50+ traditional sweets makers

Reliance Retail
October 20, 2022

Reliance Retail, the retail arm of Mukesh Ambani- led empire Reliance diligence (RIL), has entered a distribution cooperation with over 50 traditional, indigenous sweets(mithai) makers from across India to distribute, mass yield, modernise packaging and develop traditional Indian sweets with extended shelf life. These packaged mithais similar as laddos, barfis

Reliance Retail & Jio valve CP request to raise Rs8,500 cr

Reliance Retail
September 8, 2022

MUMBAI Reliance Group companies Reliance Retail gambles and Reliance Jio raised about Rs8,500 crore working capital loans inclusively through short- term plutocrat request instruments this week. Both companies probably vended marketable papers (CPs) that offered 5.99% and 5.92%, independently, with about 90-days majorities. The rates, according to request dealers, are

Mukesh Ambani: Jio & Reliance Retail IPO unlikely before AGM

Reliance Retail
August 25, 2022

Reliance diligence (RIL), the largest listed Indian company, will hold its 44th periodic general meeting (AGM) on Monday, August 29, and Dalal Street will be keenly watching it for cues on the unborn roadmap of the company. According to a report from ET Now, Reliance’s AGM can be a mixed

Reliance Retail FY22 net profit grows 7.6% to ₹4,935 crore

Reliance Retail
August 25, 2022

Reliance NSE 0.80% diligence’ flagship retail business reality, Reliance Retail Ltd NSE-1.44%, has posted a net profit of nearly ₹5,000 crore in financial 2021- 22, as per rearmost nonsupervisory exposures. Net profit grew 7.6% to ₹4,934.65 crore in the financial time ended March 31, 2022. Net profit from operations (after

Reliance Retail invest Rs 30,000 crore in FY22

Reliance retail
August 8, 2022

Reliance Retail made investments to the tune of nearly Rs 30,000 crore in FY22 and added 2,500 new stores and 11.1 million sq. ft. of warehousing space during the time, the company said in its periodic report. The country’s largest retailer made the investment in its retail business in organic

Reliance Retail likely to claim Rs 6,000 Cr from Future Retail

Reliance Retail
July 21, 2022

New Delhi Reliance Retail is likely to claim Rs6000 crore under the bankruptcy proceedings of unborn retail. The pretenses of Reliance Retail include working capital of around Rs4,800 Cr and the rest in overdue sub-lease settlements, sources added. Reliance will file a claim as functional creditor once an interim resolution

Reliance Retail Picks Up 25.8% Stake in Dunzo

Reliance retail deals
January 8, 2022

Reliance Retail has led a $240 million funding round in quick commerce firm Dunzo, according to a statement by the company. Reliance Retail said with an investment of $200 million it will own 25.8% stake in the Bengaluru-based startup. Dunzo’s existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also