Isha Ambani said the growth target is based on the company’s proven scale and business model rather than broad aspirations
The comments come as the company plans to consolidate brands in apparel, fashion, food, personal care, and beverages that are currently spread across Reliance Retail Ltd, Reliance Retail Ventures Ltd and Reliance Consumer Products Ltd (RCPL), into a new entity.
Reliance Retail’s Tira will spearhead FaceGym’s India foray, bringing the brand’s facial fitness concept to the Indian consumer.
Isha Ambani, Executive Director of Reliance Retail Ventures Limited, explores the spiritual grandeur of Mahakumbh.
Shein, which is also weighing a $6.6 billion London IPO, is re-entering India after assuring authorities that the Chinese fast fashion company would source goods from India for its global operations.
The company's wider FMCG portfolio includes confectionary range from Lotus Chocolates, Sri Lanka’s leading biscuit brand Maliban and daily essentials under its brands including Independence and Good Life
While a subdued global economic environment has affected its O2C business performance, improving prospects for consumption growth and progress in new energy business will drive the stock outlook
The Augustinus Bader collection, known for its luxurious formulations and effectiveness, is available online and in select Tira stores in Mumbai, Delhi, Hyderabad, and Bangalore.
Through the JV with Reliance Retail, Delta Galil will expand its presence in India and establish an apparel innovation platform focused on the Indian market
Brokerages have maintained their positive outlook on India's largest company, giving different valuations to each segment of RIL
Reliance Retail is among the top five global retailers in terms of number of stores, among the top 10 retailers in terms of market capitalisation, among the top 20 retailers in terms of number of employees, and among the top 30 retailers in terms of revenue.
With the move, Reliance Retail will compete with new-age companies like Tata’s CaratLane and other legacy brands. To be sure, the company already operates Reliance Jewels but that is targeted at the mass market.
Reliance Retail undertook equity fund raise of Rs 17,814 crore during FY24.
During the year gone by, Reliance Retail completed several strategic partnerships and acquisitions to strengthen its capabilities
E-commerce giant Amazon is accelerating its order turnaround, while rival Flipkart has launched its quick commerce service, Flipkart Minutes.
RIL’s leadership in retail, oil and telecom will drive sustainable cash flows whereas investment in renewables and clean energy make it an attractive bet on the transformation of the energy sector
The retail segment opened 331 new stores and added 81.3 million sq. ft. in gross area, taking the total store count to 18,918.
The service will deliver groceries in 7-8 cities to start with, and then gradually scale up to cover over 1,000 cities, according to a Times of India report.
Under the proposed deal, a JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones
Reliance Retail will be the exclusive partner for ASOS across all online and offline channels in India
While the share of e-commerce in the grocery industry is rising, thanks to the entry of many new players as well as ramp-up by existing players, there is a lot of growth potential for players like D-Mart.
The new line has a broad array of premium nail colour and care products, to enable consumers to express their style and embrace personal creativity.
Reliance Retail is being valued at over $100 billion by multiple brokerages.
Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama.
Reliance Industries, the biggest company by market capitalsation, has announced dividend of Rs 10 per share for the financial year gone by