Reliance Retail Limited's debt-to-equity ratio increased from 1.35 in FY22 to 1.91 in FY23
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The 66-year-old elevated his three children as non-executive directors to Reliance's board and said he will spend the next five years of his chairmanship preparing them to take charge
That transition could arrive by 2028. At Reliance Industries Ltd.'s annual general meeting Monday, the 66-year-old announced that his three children would be joining the board
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Mukesh Ambani says Reliance Retail will be its fastest growing business in revenues and EBITDA
Ambani's wife, Nita Ambani, is stepping down from Reliance Industries Ltd's board, as it approved the appointments of Isha, Akash, and Anant Ambani as non-executive directors
RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here
During the 46th Annual General Meeting (AGM) of Reliance Industries Limited, Isha Ambani, director of Reliance Retail, said that the retail company saw around 1,000 million transactions last year
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani
Billionaire Mukesh Ambnai's daughter Isha and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd, the company said on Saturday. Reliance had previously announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL). It will lend to consumers and merchants based on proprietary data analytics and will eventually branch out to insurance, payments, digital broking and asset management. Every Reliance shareholder will get one share of the new firm for every share held in the parent. While the effective date of the demerger has been fixed as July 1, July 20 has been fixed as the record day for allocating shares of the new company, according to the company's stock exchange filing. The spinoff, which will create fifth-largest financier in terms of capital and compete directly with the likes of
The acquisition is expected to strengthen Reliance Retail's physical store footprint across the country
The twins have been named Aadiya and Krishna
From Amit Shah's scheduled rally in Gujarat to BJP's roadshows across Delhi ahead of MCD polls, catch all the live updates from across the globe here
Reliance Jio 6th Anniversary: India's biggest Internet service provider completes six years in the market. Read this detailed report on newly announced Jio offers, plans and benefits
Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.
Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October
From the developments around Congress president elections to latest Covid news, catch all the live updates here
45th Reliance AGM Meeting 2022: Reliance(RIL) will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by Diwali 2022. Read to know everything
Reliance Industries Ltd (RIL) set the tone for the future during its 45th annual general meeting, saying it would aim to double its market value by 2027