Page 47 - Reliance Industries

Taking all shelf space: Why Reliance Retail will be a tough act to follow

Reliance Retail is everywhere, and its consumers can do just about everything - entertainment to payments and financial product purchase - that business model is hard to emulate, writes Arvind Singhal

KKR in advanced talks to invest $1 billion for stake in Reliance Retail

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public

RIL gains 1% as Silver Lake to invest Rs 7,500 crore in Reliance Retail

This investment values RRVL at a pre-money equity value of Rs 4.21 trillion

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity

The investment in Reliance Retail comes a day after it led a $500 million funding round for Byju's that valued the Indian online education platform at around $10.8 billion

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.

MARKET: Sensex erases day's gains, ends 52 pts lower; Bharti Airtel dips 3%

All that happened in the markets today

Top headlines: Panel identifies 26 stressed sectors; RIL taps Facebook, KKR

From rebranding of Vodafone Idea to India successfully testing hypersonic technology, here are top headlines this morning

Reliance Industries taps Facebook, KKR for investment in retail biz

Silver Lake Partners reportedly eyeing stake worth $1 billion in Reliance Retail

India Inc heaves sigh of relief as Kamath panel identifies key sectors

The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief

BofA Securities bets on RIL's 'layer of commerce' after Jio Platforms

After building a 'digital layer' (Jio Platforms) on top of the existing 'physical layer' of retail shops, RIL would over the next 4 years focus on a third 'layer of commerce', BofA Securities said

BofA Securities bets on RIL's 'layer of commerce', maintains 'BUY'

RIL's approach of owning the "pipe" as well as the "services" offered on the pipe should help it keep the subscriber base captive, the brokerage says.

8 of top-10 valued firms lose Rs 1.11 trn in m-cap; ICICI, RIL worst hit

Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms

MARKET: Sensex tanks 634 pts on broad-based sell-off; Nifty Bank slips 2%

All that happened in the markets today

Silver Lake in talks to take $1 billion stake in Reliance Retail: Report

Reliance, an oil-to-telecoms conglomerate controlled by India's richest man, Mukesh Ambani, is pitching its retail business as a formidable force

Biyani to stick on with home retailing, keep running it as independent biz

No plans to sell it despite competition from online players

Isha, Akash Ambani, Byju, Poonawalla debut on Fortune's '40 under 40' list

The list covers five sectors including finance, technology, health, government/politics and media/entertainment

Acquisition of Future Group to strengthen RIL's retail footprint: Moody's

Last week, RIL announced that it will acquire Future Enterprise Limited's consumer business for a purchase consideration of around Rs 24,713 cr

Future Retail hits 10% lower circuit after rallying 38% in 3 sessions

The Government Pension Fund Global sold 9.5 million shares representing 1.75 per cent stake of Future Retail at Rs 158.61 per share on the NSE on Monday.

Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue

Future would be one of the top contract manufacturers in FMCG, fashion space but with wafer-thin margin

Jio takes on rivals, rolls out new broadband plans starting at Rs 399

Plans to be rolled out from today