The aforementioned Jio executive also noted the company's priority is not to become an OEM for mobile devices
It is already in advanced stage talks with Arvind Fashions to acquire Sephora
The company plans to ramp up the store presence across key markets over the coming months
Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories
First Reliance Centro store opened in Vasant Kunj, Delhi on Tuesday
Caelux is a research and development-oriented company in perovskite-based solar technology. Its proprietary technology enables high-efficiency solar modules that can produce 20% more energy
Reliance Capital is undergoing a bankruptcy process and the administrator had sought offers for the entire company and for its various business clusters
Reliance Brands also recently forayed into food and beverages retail space by entering into a long-term franchise partnership with Pret A Manger - a global fresh food and organic coffee chain
Nowhere in sight two years ago, the energy vertical now accounts for over a fourth of RIL's $6.4 bn war chest while telecom's share in dipping and retail has clearly become a laggard
The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money
Overall, the country added 0.7 million new telecom subscribers in July, lower than the 2.22 million new subscribers in June
In AGM 2022, Ambani said that they would "accelerate" the company's commitment to investing Rs 75,000 crore towards establishing a New Energy manufacturing ecosystem in Jamnagar
Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission
Management and shareholders may consider a reorganisation of company to achieve three mutually linked objectives of structure, succession and segregation, says a report by Kotak Institutional Equities
Speaking at the AGM, Mukesh Ambani announced plans to invest Rs 2 trillion in set-up a nationwide fifth generation (5G) mobile network by the end of next year
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
Experts say the partnership will give JioMart access to over 487 million WhatsApp users in India. Experts say that the total annualised active e-commerce users in the country are only 200 million.
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
Tycoon's three children, Akash, Isha and Anant, to lead separate business
5G, new energy, O2C, retail, FMCG among growth engines for company, says Ambani