Everything on ‘Reliance Retail’
Birla makes $2 billion pitch in retail war, sets up clash with Tatas, Reliance
MUMBAI: Kumar Mangalam Birla’s acquisition of Pantaloons stores puts the 45-year-old billionaire in the reckoning for leadership in India’s fashion retailing market. The deal also signals Birla’s renewed push behind the retail story and his diversified group’s plans to build a $2-billion business, setting up an interesting tussle with the Tatas and Mukesh Ambani in [...]
Reliance Industries has no direct stake in any media company: RPN Singh
Print Email The Minister of State in the Ministry of Corporate Affairs, Shri R.P.N. Singh, in the Rajya Sabha on Monday, in reply to a written question, said that Reliance Industries Limited (RIL) does not hold any direct stake in any media company. The minister stated that as per the Investments Schedule of Balance [...]
Reliance Industries has no stake in any media company: RPN Singh
Print Email The Minister of State in the Ministry of Corporate Affairs, Shri R.P.N. Singh, in the Rajya Sabha on Monday, in reply to a written question, said that Reliance Industries Limited (RIL) does not hold any direct stake in any media company. The minister stated that as per the Investments Schedule of Balance [...]
Reliance Footprint in Thiruvananthapuram
Reliance Footprint, the footwear specialty store from Reliance Retail, has announced the launch of its first store here. Mr Gopalakrishnan Sankar, Chief Executive, Reliance Footprint, said: “We have received a very positive response from our customers in other cities and are confident we will be appreciated here too.” To celebrate the launch of this new [...]
Shareholding of RIL in Media Companies
As per the Investments Schedule of Balance Sheet of M/s. Reliance Industries Limited (RIL), as on 31/3/2011, there is no direct holding of RIL in media houses/companies (listed and unlisted) print/broadcast/production. However, company’s consolidated Balance Sheet as on 31/03/2011 discloses that it holds 100% in Reliance Digital Media Limited (RDML) through Reliance Retail Limited (RRL), [...]
Reliance Retail registers 25% growth in FY12
Reliance Retail, a part of the Mukesh Ambani-controlled Reliance Industries posted a 25 per cent revenue growth in 2011-12 as demand at existing stores remained robust, Reliance Industries said in its annual report. Reliance, which disclosed its retail unit’s performance for the first time, reported revenues of Rs 75.99 billion in 2011-12. Its same-store sales [...]
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Browse more on » Retail, Other news Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. Tweet Mumbai, Maharashtra, May [...]
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. To begin with, Reliance Digital has announced the launch of a [...]
Reliance Retail clocks Rs 380 cr loss in FY12
Almost a year after India’s richest man Mukesh Ambani restructured the operations of his retail unit, bringing in a team of expats from Wal Mart China, Reliance Industries (RIL)’s retail business has continued to report losses. The retail major has reported total losses in excess of Rs 380.18 crore in 2011-12. Last year, RIL’s retail [...]
Some of Reliance's retail formats still making losses
While Mukesh Ambani’s Reliance Retail showed a jump of 25 per cent in consolidated revenue in 2011-12, some of his other major retailing units are still posting losses, according to parent company Reliance Industries Ltd (RIL)’s 2011-2012 annual report. Reliance Retail, set up by RIL six years ago, runs 1,300 stores. It made Rs 7,599 [...]
