Everything on ‘Reliance Retail’
RIL''s Nikhil Meswani to chair India Fashion Forum
New Delhi, Feb 6 (PTI) Corporate giant Reliance Industries” Executive Director Nikhil Meswani has been appointed as Chairman of India Fashion Forum 2011, a global fashion retail business summit to be held later this month. To be held in Mumbai on February 17-18, the Forum is aiming to help global fashion brands launch their products [...]
Reliance Retail revives plan to enter cash & carry business
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 [...]
Reliance Retail to enter cash-and-carry biz
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 Retail mulls opening stores across more cities
Identifying scale as an immediate priority, Reliance Retail Ltd (RRL), a subsidiary of billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL), intends to renew a rapid expansion drive to compete with mom-and-pop outlets and street markets, besides rival store chains. “There is an opportunity for 2,000-5,000 stores. (The) opportunity is there. Scaling to do it fast [...]
Reliance Retail mulls opening stores across more cities
Mumbai: Identifying scale as an immediate priority, Reliance Retail Ltd (RRL), a subsidiary of billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL), intends to renew a rapid expansion drive to compete with mom-and-pop outlets and street markets, besides rival store chains. “There is an opportunity for 2,000-5,000 stores. (The) opportunity is there. Scaling to do it [...]
Heard in the studio
Investment World – Stock Markets Heard in the studio Sajeev: I am not able to reason out the market’s fancy and dislike for some stocks. Stocks that made awesome gains last week declined and closed lower this week. For example, the gyrations in cement stocks and shares of the consumer durables space such as TTK [...]
Reliance TimeOut and HarperCollins Publishers India presented an …
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 [...]
Reliance Industries: Where growth is a way of life
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 [...]
Ambanis on overdrive to expand business
India’s billionaire Ambani brothers are virtually on an overdrive signing deals in quick succession after putting a full stop to their five-year battle over the spoils of their father’s vast business empire.The warring siblings, Mukesh, who is now 53, and Anil, 51, buried the hatchet in May 23, this year on a bitter acrimony arising [...]
Reliance Retail plans to boost non-food business
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 [...]
