Reliance Retail India
Reliance Retail to buy out minority shareholders
11 Jul 2023
Reliance Retail will pay Rs1,362 per share to a host of global investors, including KKR, Mubadala, Abu Dhabi Investment Authority, General Atlantic, GIC and TPG, who together hold a 10.09 per cent stake in the company
Reliance to acquire Metro Cash & Carry India in € 500 m deal
07 Nov 2022
The deal includes 31 stores in 21 cities across India, as also land banks and other assets owned by Metro Cash & Carry in India
US retailer 7-Eleven rides piggy back Reliance Retail into India
11 Oct 2021
Based in Irving, Texas, SEI operates, franchises and/or licenses more than 77,000 convenience-retailing stores in 18 countries and regions, including 16,000 in North America
Reliance buys rights to manufacture consumer electronics brands BPL, Kelvinator
30 Aug 2021
Reliance will be manufacturing and selling BPL products, which may include air-conditioners, refrigerators, washing machines, television sets, fans and light bulbs, and may start production of new products under the brand, say reports
CCI approves Future-Reliance deal
24 Nov 2020
The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal
Reliance-Future Group set to sign Rs30,000-cr retail asset deal: report
31 Aug 2020
FEL will transfer the retail and wholesale undertaking to Reliance Retail and Fashion Lifestyle Limited (RRFLL) and the logistics and warehousing undertaking to Reliance Retail Ventures Ltd while RRFLL will invest Rs1,200 crore in the preferential issue of equity shares of Future Enterprises Ltd to acquire a minority stake in FEL
Reliance looks to acquire iconic British toy brand Hamleys for up to Rs350 cr
18 Apr 2019
Founded by William Hamley as `Noah's Ark’ in 1760, Hamleys is the oldest and largest toy shop in the world and one of the world's best-known retailers of toys
Reliance Retail, Bharti in talks to buy Carrefour’s Indian assets
09 Jul 2014
The availability of ready-built cash and carry stores and associated infrastructure is drawing the interest of the two leading Indian retail companies
Featured articles
Lighter than air, yet very, very powerful
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In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
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The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
