Tag: Reliance Retail

The Future Group on Tuesday submitted before the Supreme Court that Future Retail Ltd will sink with its 30,000 employees, if its over Rs 24,000 crore deal with Reliance Retail fails to reach fruition.

Reliance Retail ranks 53rd in the list of Global Powers of Retailing by Deloitte, improves from 56th earlier. It remains the 2nd fastest-growing retailer in the world despite the base effect of being No.1 last year.

Mumbai: Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into its subsidiary Reliance Retail Ventures Limited (RRVL). The investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75 per cent equity stake in RRVL on a fully […]

New Delhi: Global private equity firm General Atlantic will invest Rs 3,675 crore to buy a 0.84 per cent stake in Reliance Industries Ltd’s retail arm, extending the fundraising spree by billionaire Mukesh Ambani-led firm. General Atlantic will invest in Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd, the Indian firm said […]

New Delhi: Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Saturday that global investment firm TPG will invest Rs 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. TPG’s investment will translate into a 0.41 per cent […]

New Delhi: Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) have completed the current phase of partner induction and fund raise exercise for RRVL. The RRVL has received cumulative subscription amount of Rs 47,265 crore from its financial partners and allotted 69,27,81,234 equity shares to them. The largest fund raise exercise in the […]