reliance retail

Reliance Industries Q4FY19 – Consumer business takes up the baton

The consumer businesses were the saviour. Margins in retail improved and Jio’s quarterly performance remains robust.

Reliance Retail Q4 revenue up 51.6% YoY; company now biggest Indian retailer with 10,000+ stores

As of March 31, Reliance Retail also operates more than 8,000 Digital and Jio Stores put together.

Reliance Retail eyes Hamleys buyout: 10 things you should know about the iconic British toymaker

Hamleys, named after its founder William Hamley, is the oldest, largest toy retailer established in 1760 in High Holborn, London

Why Reliance Retail's e-commerce foray is crucial for a re-rating in Reliance Industries' stock

What's the trigger to watch out for in Reliance Industries?

Ministry signs pacts with leading textile cos to help weavers

Textile minister Smriti Irani said the initiative aims at exploring the synergy between culture and textiles and the initiative will be extended to rest of the country.

Reliance Retail could be worth Rs 3.75 lakh crore, or half of RIL's mcap

Reliance Retail is an opportunity waiting to be unlocked.

Reliance Jio, Retail to launch e-commerce platform for Gujarat-based retailers

RIL Chairman Mukesh Ambani reiterated that Gujarat is Reliance's "janmabhoomi and our karmabhoomi."

3 Point Analysis | Reliance Retail The Next Game changer For RIL ?

Reliance Jio and Reliance Retail were standout performers for Reliance Industries in the second quarter.

Reliance AGM: RIL profit rises 20% to Rs 36,075 crore; Jio users double in 22 months

Ambani noted that Reliance Industries was India's largest payer of GST, excise and customs duty, and income tax and stressed that Jio has doubled its customer base to 215 million users within 22 months since the official launch of the network.

Will a probable Reliance Retail IPO unlock value for RIL’s shareholders?

The markets are factoring in the value from the retail division of Reliance Industries in the latter’s price.

Reliance Retail to 'leverage' Jio's strength to consolidate position

Reliance Retail, which crossed USD 10 billion sales and became the first Indian company to enter the world's top 200 retail chains, would continue to expand network in tier II and III cities in the country.

Reliance Retail acquires 16% stake in US-based KTI for $7 mn

The company acquired 19,04,781 shares of KTI, mobile operating system provider, at USD 3.675 per share, Reliance Retail said in a statement.

Reliance Retail to be biggest threat to Amazon, Flipkart: Mohandas Pai

Consolidation would be the name of the game in e-commerce space next year, with small firms shutting shop, leaving fewer players in an environment of intense competition, former CFO of Infosys T V Mohandas Pai said.

Govt targets 5.5 million PoS machines by September

All PoS terminals or machines launched after July 1 will be Aadhaar-enabled and the existing terminals will be upgraded to the same in a year’s time.

Reliance Retail may spend Rs 2,500 cr for business expansion in next 3 yrs

The company has also has plans to add 500 to 600 fuel stations and the combined business expansion cost is estimated at Rs 2,500 crore, property market sources told the newspaper.

Heritage Foods up 4%, to buy dairy business of Reliance Retail

The said transaction is subject to the regulatory approval and other conditions and procedures that are customary for similar transactions.

Heritage Foods to acquire Reliance Retail's dairy business

The company has executed a binding agreement for the acquisition. The proposed transaction is subject to regulatory approvals and other conditions and procedures that are customary for similar transactions, Heritage Foods said in a BSE filing.

Reliance Retail's pre-tax profit jumps 31% to Rs 264 cr

The retail arm of Reliance Industries Ltd (RIL) had reported a PBDIT (profit before depreciation and income tax) of Rs 201 crore in the same period of last financial year.

Google unveils Pixel smartphones; to cost Rs 57,000 in India

The two phones -- Pixel and Pixel XL -- will be available in India, priced at Rs 57,000 onwards, in 32GB and 128GB versions. The eagerly awaited smartphones replace the existing Nexus line.

No plans to shut jewellery business: Reliance Retail

As the company right sizes its chain of jewellery stores, run under Reliance Jewels brand name, a Reliance Retail spokesperson said, "Reliance as a group is committed to the retail business and its valued stakeholders."

Reliance Retail's Q1 pre-tax profit jumps 21% to Rs 240 crore

Reliance Retail's turnover jumped by 45.80 per cent to Rs 6,666 crore in the quarter under review as against Rs 4,572 crore in the year-ago period, Reliance Industries said in a regulatory filing.

LYF smartphone could be $1-bn brand in 2016-17, says CLSA

"Achieving about 7 percent market share of the estimated 137 million smartphone sales in FY17 will mean sales of 10 million units. This could make LYF a USD 1 billion brand using an ASP (average selling price) of USD 100," CLSA said.

Reliance Retail launches sub-Rs 7,000 LYF smartphones

The two devices represent one of the most affordable and superior entry-level smartphones in the Indian market, said a press release by Reliance Retail.

Coca-Cola to enter dairy drinks segment in India

"We have been getting into new categories and we will be getting into sparkling drinks with juices. We are now getting into dairy segment with Vio in two flavours in the value added dairy category," Coca Cola India & South West Asia President Venkatesh Kini told reporters here.