Page 29 - Reliance Retail

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.

Facebook to invest $5.7 bn in RIL's Jio Platforms to pick up 9.99% stake

Jio Platforms, Reliance Retail and WhatsApp also enter into a commercial partnership agreement

How retailers upped the ante to deal with supply chain constraints

The biggest lesson in the situation is redefining the hygiene of the shopping environment, which will now be an ongoing exercise, says Big Bazaar CEO Sadashiv Nayak

Reliance Retail acquires Shri Kannan Departmental Store for Rs 152.5 cr

RRVL will acquire 7,86,191 equity shares representing 100 per cent of the equity share capital of SKDS

Reliance Retail tops list of 50 fastest growing retailers globally

Deloitte ranked 250 firms globally in its annual report based on their revenues for FY2018. The Indian retail major secured the 56th spot this year against the 94th rank the previous year

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

Reliance Retail Q3 pre-tax profit zooms over 62% to Rs 2,727 crore

Firm's revenue grew 27.4 per cent YoY during the quarter to touch Rs 45,327 cr

RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit

RIL's net profit for October-December 2019 increased by 13.5 per cent to Rs 11,640 crore, beating street estimates