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Reliance Retail

Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail

by Edgar Davis
Jio Financial unit to buy .32B of telecom gear from Reliance Retail

Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, devices and telecom equipment worth $4.32 billion from Reliance Retail over the next …

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Superdry reveals radical restructuring plan

by Lionel Rogers
Superdry reveals radical restructuring plan

Under-pressure Superdry has released its restructuring plan for which it hopes to get shareholder support next month to stave off administration and — reportedly — a potential sale. Superdry The …

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Reliance Retail and ASOS confirm exclusive tie-up for India own-brands launch

by Lionel Rogers
Reliance Retail and ASOS confirm exclusive tie-up for India own-brands launch

Rumours of a Reliance Retail-ASOS link-up earlier this spring were confirmed on Thursday as the two companies said they’re partnering to launch ASOS own-brands in India. ASOS/Reliance Retail Under the …

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reliance: RIL Q4 results at a glance: Here’s a quick guide on Reliance’s telecom to retail numbers

by Ron Morgan
reliance: RIL Q4 results at a glance: Here’s a quick guide on Reliance’s telecom to retail numbers

Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) is expected to report healthy numbers for the quarter ended March 2024, driven by robust O2C business and healthy growth in the consumer-facing businesses …

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Amazon takes on India rivals with low-cost fashion store

by Edgar Davis
Amazon takes on India rivals with low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, …

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LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO

by Lionel Rogers
LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO

By Reuters Published Mar 28, 2024 U.S. private equity firm L Catterton said on Thursday it will form a joint venture in India with former Hindustan Unilever (HUL) CEO Sanjiv …

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BofA gives Meta and Google-backed Jio Platforms a $100 billion-plus valuation

by Edgar Davis
BofA gives Meta and Google-backed Jio Platforms a 0 billion-plus valuation

Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which …

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InMobi’s Roposo in Discussions for Social Commerce Venture With Reliance Retail

by Maya Ortiz
InMobi’s Roposo in Discussions for Social Commerce Venture With Reliance Retail

Digital technology firm InMobi’s social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the …

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Isabelle Guichot from SMCP explains the rationale for entering the Indian market

by Lionel Rogers
Isabelle Guichot from SMCP explains the rationale for entering the Indian market

Translated by Roberta HERRERA Published Dec 5, 2023 “Continuing a strategy aimed at rebalancing our international presence.” During its 2022 annual report, the SMCP group explicitly outlined its goals. With …

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Sephora puts Reliance Group in charge of India business

by Lionel Rogers
Sephora puts Reliance Group in charge of India business

Translated by Nicola Mira Published Nov 3, 2023 Sephora has a new business partner in India. The Reliance Group is taking over the Indian operations of the French beauty retailer …

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