Reliance Industries
Reliance, India’s largest private sector company, is involved in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.
See below for the Latest Reliance Industries News, Analysis, Profit Results, Share Price Information, and Commentary.
Reliance Consumer buys 51% stake in Lotus Chocolate
The aggregate consideration stood at INR74 crore.
Weekly News Wrap: Posh ice cream, smart appliance in vogue in China; Indian economy awaits shopping season boost
Reliance is in talks to acquire Germany-based Metro’s India business.
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
And Reliance launches its first in-house premium fashion store.
Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
And Reliance seeks acquisitions amid plans to expand to consumer business.
Meta, Jio Platforms launch JioMart on WhatsApp
This is the first end-to-end shopping experience on WhatsApp.
Weekly News Wrap: Alibaba shares surge 60% as crackdown expected to ease; Pret bets on local tastes in Reliance tie-up
And BGF Retail wins big with a $2 lunch amidst surging inflation.
Weekly News Wrap: Ambani’s kin to head Reliance’s retail arm; China Tourism Group to relaunch Hong Kong listing plan
And an Australian appliance chain pauses its facial recognition trial.
Jio-bp to install EV charging, battery swapping stations at Nexus Malls
The charging hubs will be accessible in five malls as part of the first phase of the rollout.
Weekly News Wrap: JD posts slowest growth in 618 event; Shopee cuts jobs in shopping and food
And Reliance is mulling buying out bankruptcy-hit US cosmetics giant Revlon.
Jio-bp to provide EV services to Zomato
This will support Zomato’s initiative to run a 100% EV fleet by 2030.
Weekly News Wrap: Luxury brands navigate Shanghai lockdown; Amazon slams Reliance takeover of Future stores
And fast-fashion retailer Shein is seeing a slowdown in growth.
Weekly News Wrap: Thai army boycotts Lazada; Tax, input costs hit Reliance’s profits
And Indian grocery startup Zepto raises $200m in fresh funding.
Weekly News Wrap: Hong Kong rolls out support for small retailers; Reliance Industries takes over 200 stores from Future Group
And China’s Shein has put on hold its US IPO amidst the crisis in Ukraine.
Weekly News Wrap: Seven & i rebuffs criticisms from investor; Future Retail’s lenders urges putting assets up for auction
And Starbucks China reels over airport cafe closures and low traffic to offices.
Jio Platforms invests $15m in AR company TWO
The companies will work collaboratively for fast adoption of new technologies.
Weekly News Wrap: Indian salesmen protest against Reliance; Australia’s Coles Group sued over underpayment of staff
And China’s state-owned paper rebukes Canada Goose over alleged consumer law violation.
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