RIL AGM 2021 | Chairperson Mukesh Ambani said that JioMart, Reliance Retail's grocery division, will onboard over 1 crore merchant partners over the next three years.

The company plans to file a special leave petition in the Supreme Court and seek relief from the Delhi High Court to proceed with the transaction

In the order issued on September 28, the NCLT asked the Future Group to propose a suitable date to hold the extraordinary general meeting (EGM) of the shareholders and creditors to seek their approval for the sale of its assets to Reliance Retail for a consideration…

Reliance Retail is all set to launch the first 7-Eleven store in Andheri East in Mumbai on October 9. The company plans to introduce several more stores under the brand in the Greater Mumbai cluster in near future.

Reliance Retail is all set to launch the first 7-Eleven store in Andheri East in Mumbai on October 9. The company plans to introduce several more stores under the brand in the Greater Mumbai cluster in near future.

The range of food items offered at Freshpik include staples; freshly picked fruits and vegetables – with specially curated exotic and organic varieties and live microgreens; essential ingredients for international cuisines such as Italian, Thai, Japanese…

The retail arm of Reliance Industries posted an 11 percent year-on-year jump in its revenues to Rs 45,426 crore for the second quarter-ended September, while net profit jumped by 74 percent to Rs 1,695 crore as compared to the same period last year.

Effectively, the Competition Commission of India has reduced Amazon to ground zero in its pursuit to having a ‘foot-in-the-door’ by acquiring strategic rights over Future Retail Limited.

Biswas believes free but slower deliveries will be the endpoint for quick commerce in India.

The company that has just got Reliance Retail on board as their largest shareholder, saw its inception in 2016 when 5 former Asian Paints executives set out to transform the functioning of supply chain operations.

At stake is the Rs 27,000 crore deal between Future and Reliance, which has been on the back-burner since 2020. Future group is trying to ensure the deal goes through, while Amazon is trying to secure its interests in the Future group.

Reliance has been making job offers to employees of the stores, which will ensure continuity for nearly 30,000 workers of Future Group's retail network.

Aside from a particular customising option that allows consumers to cooperate with the Swadesh team to develop unique products, the store features a farm-to-table café for food enthusiasts.