The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group
Reliance's revenue has jumped 34 per cent to Rs 2.33 trillion
The retailer is already in advanced stage talks to take over Sephora India rights from Arvind Fashions, which also gives it access into the premium beauty and personal care space offline
Will help bidders for its insurance business to avoid Irdai's 5-year lock-in
Larger groups like the Tatas, Aditya Birla and Reliance Retail are slowly making a mark in a Rs 46,400 cr industry that is otherwise ruled by traditional organised and unorganised players
Streaming services bring complementary revenues and viewership for broadcasters
A Business Standard analysis found that while the number of Reliance retail stores has grown fourfold in six financial years, this growth has not been uniform
Reliance Communications, then owned by Anil Ambani, had to shut down its business operations as a result of its high debt burden and a failed merger with Aircel
The National Basketball Association and Reliance Retail announced a multi-year collaboration to launch an extensive range of NBA merchandise in India
Reliance Jio is currently testing its 5G services in Mumbai, Delhi, Kolkata, and Varanasi. It plans to roll out 5G services across India by the end of 2023
An unidentified person called up Sir H N Reliance Foundation Hospital in south Mumbai on Wednesday and threatened to blow it up, a police official said. "The caller also issued threats in the name of some members of Ambani family," he said. The person called up the hospital's landline number at 12.57 pm from an unknown number, the official said. An FIR has been registered at D B Marg police station against the unidentified person and an investigation is on into the matter, he added. In August this year, a jeweller was arrested after he allegedly calling up the hospital and threatened to kill industrialist Mukesh Ambani and his family members. In February 2021, a sports utility vehicle (SUV) laden with explosives was found near Ambani's south Mumbai residence 'Antilia'. Later, some people, including the then-police officer Sachin Waze, were arrested in connection with the incident.
Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), announced the completion of their joint venture transaction
Jio is working on JioBook that will have an embedded 4G chip; it is expected to be priced below Rs 20,000
Jio is also working with all handset brands to enable their 5G handsets to work seamlessly with Jio True 5G services so that customers have the most comprehensive range of 5G devices to choose from
The JioBook is currently available for government department employees via the GeM at Rs 19,500. For others, it is expected to be available around Diwali
The aforementioned Jio executive also noted the company's priority is not to become an OEM for mobile devices
It is already in advanced stage talks with Arvind Fashions to acquire Sephora
The company plans to ramp up the store presence across key markets over the coming months
Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories
First Reliance Centro store opened in Vasant Kunj, Delhi on Tuesday