Page 29 - Reliance Retail

Reliance Retail's Ebitda down 47% in June quarter on Covid-19 pandemic woes

Around 50 per cent of Reliance Retail's nearly 12,000 stores were fully shut in the quarter, while 29 per cent were partially open, the company said on Thursday

JioMart debuts on Apple app store, Google Play Store downloads cross 1 mn

With the launch of the app, JioMart has now enabled increased omni-platform interface bringing seamless and enhanced accessibility to consumers

Amazon in talks to pick up 9.9% stake in Reliance retail arm: Report

Amazon wants a preferred, strategic stake in Reliance Retail for JioMart

DMart faces JioMart challenge; analysts say impact may not be significant

Cost efficiency gives Avenue Supermarts an edge, but valuation is expensive

Disruption in retail? Avenue Supermarts has a strong competitor in JioMart

Cost efficiency provides DMart an edge, but competitive intensity is growing

Retail arm to attract next set of global investors, says Mukesh Ambani

Company ranks among top 100 global retailers

Strong interest shown by strategic investors for Reliance Retail: Ambani

"We will induct global partners and investors in Reliance Retail in the next few quarters," he said at Reliance Industries annual general meeting

Covid-19 impact: Reliance Brands pushes direct sales to boost business

Through a blend of online events, video-guided tours and parties, and digital catalogues called "flipbooks", the company's sales have awakened after the easing of the lockdown.

Facing zero sales, Reliance Brands pushes direct sales to rope in business

Video-calls, whatsapp catalogues, tailored web-parties tap customers

In pics: How Mukesh Ambani's RIL became net debt-free in just 58 days

Here's a timeline of Reliance Jio Platforms' six mega investment deals with foreign players and one additional commitment announced since April 22, 2020

RIL net debt free before schedule; to list retail, telecom biz within 5 yrs

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms.

Mukesh Ambani nears deal to buy stake in some units of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announced as early as next month

Amazon, Carlyle, Brookfield vie for Biyani's Future Supply Chain Solutions

Future Supply Chain Solutions (FSC) is a third-party supply chain and logistics service provider that offers warehousing facilities also.

Manoj Modi, the rainmaker behind Mukesh Ambani's $13-billion deal spree

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the right hand of billionaire Mukesh Ambani.

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings

In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.

JioMart goes live across India, offers range of products for home delivery

The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com

Little-known brands nudge their way into the mainstream amid lockdown

Once regarded as cheap me-too products, the lockdown has changed how customers engage with private labels. Will the trend outlast the pandemic?

India business most affected due to Covid-19 outbreak, says Amazon

"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.

Amid race to woo small traders, CAIT readies online portal for kiranas

Called bharatemarket.in, the announcement comes at a time when e-tailers Amazon and Flipkart and offline player Reliance Retail are trying to woo small traders

Reliance Retail posts 33% rise in Ebitda, revenue grows at 4.2% in Q4 FY20

Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-o-y to Rs 9,654 crore.