Page 2 - Reliance Retail

Reliance Retail worth $143 billion, Jio valued at $135 billion: JP Morgan

JP Morgan said Reliance's consumer arms Retail and Jio will drive nearly all of group EBITDA growth over the next three years, as oil-to-chemicals declines in value share

Shein's first permanent stores in France spark backlash: What it means

The opening of permanent stores represents a major milestone for the company, which until now has relied primarily on temporary pop-up shops worldwide as a marketing strategy

NCLAT sets aside plea against Reliance Retail capital share reduction

In a relief to the Reliance Industries arm Reliance Retail, appellate tribunal NCLAT has set aside a petition against the leading retailer, which in 2023 reduced the equity share capital of the company, saying non-promoters were offered a "fair value" of their shares. Reliance Retail had in 2023 decided to reduce and cancel 78,65,423 equity shares of the company, held by the minority shareholders, other than the promoters/holding company. Observing that non-promoter shareholders were offered a "fair value" of their shares during the exercise and an overwhelming majority voted in favour of the resolution, the appellate tribunal upheld the earlier order passed by the National Company Law Tribunal (NCLT) and said it found "no reason to upset a reasoned order passed" by it. The NCLAT, while referring to previous judgements, said "selective reduction is permissible if objecting shareholders are paid a fair value of their shares". On July 4, 2023, the board of Reliance Retail Ltd (RRL),

Reliance to invest ₹1,156 crore in Thoothukudi FMCG manufacturing unit

Reliance Consumer Products will set up its first FMCG unit in Tamil Nadu with ₹1,156 crore investment in Thoothukudi, joining Godrej, Dabur and PepsiCo in the state

Consumer protection: Seller equally liable for any defective product

The District Commission pointed out that under consumer law, the seller is equally accountable for ensuring that the buyer receives a defect-free product

GST reforms a big boost for consumption-led growth, says Mukesh Ambani

Reliance Retail plans to pass on the benefits of lower tax rates to customers across all its consumption baskets, said Executive Director Isha Ambani

Anant Ambani's AGM debut signals generational shift at Reliance Industries

Ambani scion details expansion in petrochemicals, bioenergy and green hydrogen in first appearance as RIL ED

Reliance Retail confident of 20% revenue CAGR over 3 years: Isha Ambani

Isha Ambani says Reliance Retail will expand offline, online, and B2B channels, adding 2,000-3,000 stores annually

Reliance AGM highlights: 2026 Jio IPO, AI push with Google, Meta, and more

RIL AGM: Jio Chairman Akash Ambani added that the company has crossed 500 million customers, making it one of the largest telecom operators globally

Need to move from store-based to unified entity licensing: Reliance Retail

With modern organised retail growing at a fast pace, there is a need for regulatory reforms in the sector, moving from store-based licensing to entity-based unified licensing, Reliance Retail President Ravi Gandhi said on Wednesday. There is also a need for moving towards post-license inspections from pre-license inspections in order to speed up store openings, he said, while speaking at the 'MASSMERIZE 2025' event organised by industry chamber Ficci. "Today, all the laws (related to the retail sector) in the country are designed for individual stores. All licenses are individual store-based," he said. With a lot of organised retailers coming up, instead of store-based licenses, a shift to a unified entity-based license will enhance ease of doing business, Gandhi added. He also noted that there is a need to re-examine the inspection requirements. There are numerous documentation and inspection requirements when applying for a license, he noted. Stating that the pre-inspection tak

JIO, Retail, O2C, New Energy: What analysts expect from RIL AGM on Aug. 29

At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years

Reliance Retail capex jumps 37.5% to ₹33,696 cr, liabilities up 17.33%

Reliance Retail has increased its capital expenditure by 37.5 per cent to Rs 33,696 crore in FY2025-26, as the country's leading retailer is expanding its network and infrastructure, according to the latest annual report of Reliance Industries. However, segment liabilities of the retail business of Mukesh Ambani-led Reliance Industries were up 17.33 per cent to Rs 87,554 crore. Revenue (Value of Sales and Services) of Reliance Retail, which was operating nearly 20,000 stores, the largest footprint for any retailer in India, was up 7.85 per cent to Rs 3.3 lakh crore, helped by its consumption baskets in consumer electronics, grocery, fashion and lifestyle segments. Moreover, retail business EBITDA grew 8.6 per cent in FY26, benefitting from productivity gains through network optimisation and improved operating metrics, the annual report said. With this, Reliance Retail is ranked 40th in Deloitte's Global Powers of Retailing and the only Indian retailer in the Top 100, it said. "Ret

Reliance Retail's AJIO launches four-hour delivery service in six cities

The move comes after Myntra launched its two-hour delivery service called M-Now in select areas of Bengaluru, Delhi-NCR, and Mumbai

Reliance Retail Q1FY26 results: Net profit up 33% on expansion spree

The firm's revenue from operations stood at ₹73,720 crore, up 11.3% year-on-year, while its gross revenue also rose by 11.3% to ₹84,171 crore

Reliance acquires home appliances firm Kelvinator for undisclosed sum

Deal will enable Reliance Retail to significantly broaden offering in consumer durables sector, company says

Reliance Retail to bring FACEGYM to India, makes minority investment in co

Reliance Retail Ventures announces a strategic investment in UK-based FACEGYM, bringing the global facial fitness and skincare brand to India with plans to scale over five years

Reliance to consolidate consumer brands under New RCPL subsidiary

RIL said that the spin-off is aimed at attracting investors beyond those backing its retail unit

SIAC rules for Amazon in Future case, awards ₹23.7 crore damages

Amazon wins arbitration against Future Group at SIAC, but tribunal awards a fraction of claimed damages citing FRL's declining value and Covid-related business loss

Reliance to invest up to ₹8,000 crore to expand beverage business

Reliance Consumer Products will use the funding to add 10 to 12 new manufacturing facilities across India

Reliance Retail and Jio likely to trigger Ebitda turnaround for RIL

Reliance Industries set to post 16 per cent EBITDA growth in FY26, with retail restructuring and telecom tariff hikes contributing to a stronger earnings profile