Page 18 - Reliance Retail

Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report

The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business

Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more

With KKR already said to be in talks for a $1 bn investment, other investors like Abu Dhabi Investment Authority and Mubadala could be next in line

Reliance Industries: Retail valuations may cap near term upsides for stock

The investment for a 1.75 per cent equity stake values the retail business at Rs 4.21 trillion

Top headlines: EPFO to pay in instalments, Silver Lake to invest in RIL

Business Standard brings you the top headlines of the day

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 crore

US private equity firm Silver Lake Partners will buy 1.75 per cent stake in billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm for Rs 7,500 crore and may be followed by KKR & Co. Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, for a 1.75 per cent stake, the Indian firm said in a statement. "This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore," it said. This marks the second billion-dollar investment by Silver Lake in a RIL subsidiary after the USD 1.35 billion investment in Jio Platforms announced earlier this year. The world's largest tech investor picking up a stake in Reliance Retail cements belief that the firm is set to lead a disruptive, technology-led transformation of the Indian retail sector particularly relevant in post-pandemic India. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fastest-growing and most profitable retail business spanning ..

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

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

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.

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

Reliance-Future deal: Lenders, vendors await the fate of their dues

Lenders, vendors await the fate of their dues; many threaten to move courts if they aren't repaid in 15 days

DMart may fight Reliance Retail with steeper discounts, wider spread

Retaining loyalty will be key, say analysts

Reliance Future-proofs retail arm as it seeks to woo potential investors

The acquisition of Future Group's 2,000 retail stores and Big Bazaar grocery chain will help Reliance, which sells everything from groceries to electronics

Reliance Retail likely to cut down on back-end staff after Future deal

Store staff to be retained, say sources

Competition worries post Future deal weigh on Avenue Supermarts stock

With the combined entity more than twice its size in grocery, pricing pressures could hit profitability

Amazon to stick on as Future Enterprises' shareholder after Reliance deal

Rival Reliance Retail too will be investor in company

Ambani-Biyani deal: RIL spreads wings to become a dominant player in retail

Gets scale, massive presence, higher valuation of its retail business, and inherits the entire logistics and distribution chain

Kishore Biyani, once India's answer to Sam Walton, bows out of retail biz

Mismatch between ambition and resources; debt does him apart, say experts

Reliance Retail to buy Future group's retail business for Rs 24,713 cr

Future group's brands include Big Bazaar, Easyday, Nilgiris, Central

JioMart sees order flow at four times of pre-lockdown period for kiranas

Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report