KalpanaPathak
Stories by KalpanaPathak
After fundraising spree, Reliance Retail pushes grocery labels to India’s small towns
It has three formats—neighbourhood stores (Reliance Fresh), supermarkets (Reliance SMART) and wholesale (Reliance Market).
India: RIL-Future Retail transaction gets CCI’s nod
Biyani’s Future Group had agreed to sell various assets of Future Retail to Reliance in August.
Lack of interest in government’s BPCL stake threatens to derail India’s divestment goals
Only Vedanta Group and two US funds have expressed interest.
Reliance Retail closes fundraising exercise after raising $6.3b for 10.9% stake
This was the largest fundraising in the sector.
Reliance Industries to invest up to $50m in Breakthrough Energy Ventures
Breakthrough Energy is a $1-billion fund to fight climate change through innovations in clean energy.
Reliance’s JioMart could become India’s fastest growing e-commerce player
Marketshare will grow to 31% by FY25, from around 1% now, says Goldman Sachs.
Reliance Retail sells 2.04% stake to Saudi wealth fund PIF for $1.3b
Reliance Retail's fundraising stands at $4.63b so far.
India’s Adani Total Gas to raise $400m via dollar bonds
Over the next five years, the company needs around $1 billion to fund its capital expenditure.
India: E-commerce giants scramble for new hires, dole out staff incentives ahead of festive sales
Many are offering social security to gig workers.
India’s Reliance Industries said to be in race to acquire UK’s Debenhans
RIL's subsidiary Reliance Brands had acquired British toy retailer Hamleys in an all-cash deal last year.
