Mumbai: Mukesh Ambani-led Reliance Industries Limited’s (RIL) retail arm, Reliance Retail, plans to enter into the cash-and-carry business by opening at least three outlets in the next 6-8 months, reports said on Wednesday. When contacted by FE, Reliance Retail president Bijou Kurien declined to comment but did not deny the news. In early 2009, the [...]
Mumbai: Mukesh Ambani-led Reliance Industries Limited’s (RIL) retail arm, Reliance Retail, plans to enter into the cash-and-carry business by opening at least three outlets in the next six to eight months, a source said. In early 2009, the company had jettisoned plans to enter into the wholesale trading business, citing the adverse market conditions as [...]
Reliance TimeOut, the books, music, stationery, toys and gifts store of Reliance Retail in association with HarperCollins Publishers India organized an exclusive book reading session from New York’s award-winning noir series which has come to India with its first collection of stories set in Delhi, the country’s chaotic capital. The book ‘Delhi Noir‘ has been [...]
Expand and diversify is the mantra Taking stock of the working results of RIL, is about as taxing as, say, figuring out your wife’s point of view. But at least RIL’s thinking sounds most aspirational. Think Growth. Think Transformation. Think Reliance– is the company’s punchline. The voluminous annual report which is replete with altruistic statements [...]
Mukesh Ambani-owned Reliance Retail Ltd wants to aggressively expand non-food retail as consumer confidence returns, said Bijou Kurien, president and chief executive of its lifestyle business segment. The non-food retail formats, such as Reliance Digital, Reliance TimeOut, Reliance Home Kitchen, Reliance Jewels, Reliance Trends, are spread over around 300 stores and clubbed under the speciality [...]
Reliance Retail, a subsidiary of Reliance Industries, plans to invest Rs 2,000 crore to add 3 million sqft retail spaces in 2010-11, a top company official said on Monday, 28th June. Reliance Retail recorded sales of Rs 4,500 crore in the financial year ended March 2010. It operates nearly 1,150 stores in 86 cities across [...]
RELIANCE INDUSTRIES LIMITED ANNUAL REPORT 2009-2010 DIRECTOR’S REPORT Dear Shareholders, Your Directors are pleased to present the 36th Annual Report and the audited accounts for the financial year ended March 31, 2010. Financial Results The financial performance of the Company, for the year ended March 31, 2010 is summarised below: 2009-2010 Rs. crore $ Mn* [...]