Kishore Biyani, popularly known as KB among his peers and regarded as the pioneer of modern retail in India bringing convenience shopping to the masses, is finally bowing to the winds of change blowing through the sector, giving control of what it nurtured for more than three decades. to Reliance …
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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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Mumbai: Oil-to-telecom group Reliance Industries (RIL) said on Tuesday that it is working to complete the framework of a strategic partnership with Saudi Aramco. Mukesh Ambani, Chairman and Managing Director in the company’s annual report, said, “The partnership gives our refineries access to a comprehensive portfolio of feedstock protection for …
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[ad_1] NEW DELHI: The largest economic stimulus in India’s history, dubbed “Atma Nirbhar Bharat Abhiyan”, totals Rs 20.00 billion rupees, which would be approximately 10 percent of India’s GDP. Analysts expect the package to include MSME loan exemptions, increased spending, GST rate cuts, and credit guarantees to incentivize loans to …
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[ad_1] Reliance Industries (RIL) shares today expanded their recent earnings and pushed the company’s market capitalization higher ₹10 lakh crore. RIL’s shares today rose as much as 3% to ₹1,614 at the high of the day, getting closer and closer to its record of ₹1,617, reached in December. The increase …
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[ad_1] Mukesh Ambani, President and CEO of Reliance Industries Ltd. Prashanth Vishwanathan / Bloomberg News The richest man in Asia, Mukesh Ambani, is on a streak. Jio Platforms, the telecom and digital unit of Indian billionaire oil and gas giant Reliance Industries, announced on Friday that the US tech fund …
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[ad_1] Reliance Industries is considering selling its stake in India’s largest paint maker, valued at around $ 989 million as the conglomerate steps up efforts to cut its debt, people familiar with the matter said. The Mukesh Ambani-controlled company is in talks with banks for a possible sale of its …
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[ad_1] RIL’s plan to reduce net debt at the end of this fiscal year and its subsequent action toward that goal have lured investors into action. Reliance Industries raised the stock price on Thursday afternoon, rising more than 2%, while the leading Sensex index traded primarily in the red, even …
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