Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, owned by Mukesh Ambani, announced today that it is acquiring all of Future Group’s retail, wholesale, logistics and warehousing businesses as a going concern basis for full consideration. from Rs. 24,713 crore. While the long-awaited acquisition means the departure …
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Future Enterprises’ retail and wholesale commitment has been transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a wholly owned subsidiary of RRVL Reliance Retail Ventures Limited (RRVL), the subsidiary of Reliance Industries, led by Mukesh Ambani, announced the acquisition of Future Group’s retail and wholesale business and logistics and …
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Reliance Retail Ventures is part of billionaire Mukesh Ambani’s Reliance Industries Reliance Industries, led by billionaire Mukesh Ambani, announced on Saturday the acquisition of Future Group’s retail, wholesale, logistics and warehousing businesses for Rs 24,713 crore through its subsidiary, Reliance Retail Ventures. The deal is part of the scheme in …
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New Delhi: In another highly successful deal, Mukesh Ambani’s Reliance Industries Ltd announced on Saturday the acquisition of Future Group businesses from Kishore Biyani to ₹24,713 crore to add to its rapidly expanding retail business and bolster e-commerce to face competition from Jeff Bezos’ Amazon. “Reliance Retail Ventures Ltd (RRVL), …
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