News for 'Reliance Retail'

Reliance Retail to be a $20 bn company in 6-7 yrs

Reliance Retail to be a $20 bn company in 6-7 yrs

Rediff.com19 Jul 2006

The overall retail market could be worth $400 billion in the next seven years, based on a compounded annual growth rate of 8 per cent, which would put Reliance Retail's market share at 5 per cent, says a CLSA report.

Reliance Retail faces opposition in Uttarakhand

Reliance Retail faces opposition in Uttarakhand

Rediff.com19 Sep 2007

After Uttar Pradesh, Mukesh Ambani's Reliance Industries Limited is facing the wrath of local vegetable vendors and wholesalers in Uttarakhand for venturing into retail business.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Reliance remains highest-ranked Indian firm on Fortune Global 500 list

Rediff.com30 Jul 2025

Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

Pricing to remain key in corporate bond mkt this year

Pricing to remain key in corporate bond mkt this year

Rediff.com13 Jan 2026

A neutral monetary policy stance, heavy government borrowing, and issuers adjusting to a higher-for-longer yield environment have set the stage for a largely stable corporate bond market in 2026.

Reliance Retail rattles small fruit vendors

Reliance Retail rattles small fruit vendors

Rediff.com6 Nov 2006

With Reliance Industries' juggernaut rolling into the business of retailing fruits and vegetables, a number of traditional players in this segment are eyeing tie-ups with foreign firms and hiring experts to take on the competition.

How Mukesh Ambani turned around Reliance Retail

How Mukesh Ambani turned around Reliance Retail

Rediff.com21 Apr 2014

Scale and frugal costing help the giant.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Rediff.com22 Dec 2025

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

Reliance Retail to grow 50%: Mukesh Ambani

Reliance Retail to grow 50%: Mukesh Ambani

Rediff.com6 Jun 2013

Wants to achieve sales of Rs 40,000 - 50,000 crore.

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Rediff.com25 Apr 2025

Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

Reliance Retail struggles to beat slowdown blues

Reliance Retail struggles to beat slowdown blues

Rediff.com26 Feb 2009

Reliance Retail has added 485 stores in the last one year, taking the total count to 950 and the footprint is now spread across 77 cities (58 in the last one year) across India. While his critics say Ambani may have lost the plot as the progress of his retail plans are nowhere near what he had sought to achieve, others feel the Reliance chief is just being pragmatic given the not-so-conducive environment for expansion in retail.

Reliance ready for next level of growth: Ambani

Reliance ready for next level of growth: Ambani

Rediff.com7 Aug 2024

Reliance Industries Ltd has consolidated its balance sheet after the previous round of capex and is ready for the next level of growth, its chairman and managing director Mukesh Ambani said outlining plans from net zero to roll-out of True5G telecom network and retail. In the firm's latest annual report, he said in the world of volatility and uncertainty, India is shining as a beacon of stability and prosperity.

'Sensex Captures Changing Structure Of Economy'

'Sensex Captures Changing Structure Of Economy'

Rediff.com26 Dec 2025

'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

After cola play, Reliance Consumer takes trade margin fight to snacks

After cola play, Reliance Consumer takes trade margin fight to snacks

Rediff.com11 Nov 2024

After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.

Bengal Reliance Retail unit on high alert

Bengal Reliance Retail unit on high alert

Rediff.com1 Sep 2007

Days after two of the Reliance's ready-to-be launched stores were damaged by diverse political groups, one of the outlets at the Uttarpara area of the Hooghly district was covered with Trinamool flags and posters, with no signs of police protection.

Sensex pares gains; ends up 411 points

Sensex pares gains; ends up 411 points

Rediff.com20 Oct 2025

From the Sensex firms, Reliance Industries climbed 3.52 per cent after the firm on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel were also among the gainers. However, ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid were among the laggards.

Sensex jumps 1,022.50 points; Nifty inches near record high

Sensex jumps 1,022.50 points; Nifty inches near record high

Rediff.com26 Nov 2025

Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.

As algo trading rises, Sebi chief urges stronger risk controls

As algo trading rises, Sebi chief urges stronger risk controls

Rediff.com12 Nov 2025

The rise of algorithmic and high-frequency trading brings efficiency but also demands robust risk controls, real-time monitoring and compliance safeguards, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey told the Morningstar Investment Conference India 2025.

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Rediff.com15 Oct 2024

From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.

Reliance buys Future Group's retail biz for Rs 24,713 crore

Reliance buys Future Group's retail biz for Rs 24,713 crore

Rediff.com29 Aug 2020

Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.

Market maturity fuelled India's IPO boom, say i-bankers

Market maturity fuelled India's IPO boom, say i-bankers

Rediff.com30 Oct 2025

The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both retail and institutional investors, investment bankers said on Wednesday.

Reliance to enter FMCG business this year

Reliance to enter FMCG business this year

Rediff.com29 Aug 2022

The country's largest retailer Reliance Industries on Monday announced that it will enter the fast-moving consumer goods (FMCG) business this year as part of its expansion plan. Addressing the 45th AGM of Reliance Industries on Monday, Reliance Retail Ventures Ltd (RRVL) Director Isha Ambani said: "This year, we will launch our FMCG goods business". The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high-quality products at affordable pricing, she said while addressing Reliance Industries' annual general meeting.

Bernstein pegs RIL's stake in retail arm at $111 billion

Bernstein pegs RIL's stake in retail arm at $111 billion

Rediff.com26 May 2023

Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)'s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh Ambani-led company's 66.5 per cent stake in telecom and digital platform arm Reliance Jio at $88 billion. Reliance Industries had earlier planned to list both its subsidiaries to unlock value for its shareholders but hadn't fixed any timeline. The report said that Reliance Retail had raised $6 billion by diluting a 10.1 per cent stake, while Jio Platforms raised $20 billion from investors by selling 33 per cent in 2020.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Oct 2025

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

Marks & Spencer, Reliance in retail JV

Marks & Spencer, Reliance in retail JV

Rediff.com18 Apr 2008

Britain's clothing and food retailer Marks & Spencer will set up of a joint venture firm with Mukesh Ambani-led Reliance Retail at an investment of 29 million pounds (around Rs 230 crore) to mark its foray into India.The British company will hold a 51 per cent stake in the JV, to be named Marks and Spencer Reliance India Pvt Ltd, while the remaining will be with Reliance Retail.

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Rediff.com13 Nov 2024

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

Rediff.com29 Aug 2025

Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.

Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings

Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings

Rediff.com19 Jan 2024

Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

Rediff.com14 Mar 2023

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Reliance Industries Ltd (RIL) while Metro Cash & Carry India is engaged in the wholesale operations in India. In December last year, it was announced that RRVL had signed definitive agreements to acquire a 100 per cent equity stake in the company for a total cash consideration of Rs 2,850 crore.

Reits keep lights on for India's office leasing as market flickers

Reits keep lights on for India's office leasing as market flickers

Rediff.com13 Oct 2025

With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.

Reliance spent $13 bn on acquisitions in five years

Reliance spent $13 bn on acquisitions in five years

Rediff.com31 Dec 2024

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

RIL's growth plans, Jio listing can lead to rerating of stock

RIL's growth plans, Jio listing can lead to rerating of stock

Rediff.com9 Sep 2025

Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.