Page 3 - New Commerce News Today

KKR’S FOLLOW-ON INVESTMENT IN RRVL REAFFIRMS ITS BELIEF IN THE MARKET OPPORTUNITY AND RELIANCE RETAILS BUSINESS MODEL ...

From 1.17 per cent, the total equity stake in RRVL is now hiked to 1.42 per cent if combined with its investment of Rs 5,550 crore in 2020

Reliance Retail Ventures Limited (RRVL) announced on Monday that global investment firm KKR, through an affiliate, will invest Rs 2,069.50 crore into RRVL, a subsidiary of Reliance Industries Limited.This investment values RRVL at a pre-money ...

Mumbai: Reliance Retail Ventures Limited (“RRVL”) announced today that Qatar Investment Authority (“QIA”), through a wholly-owned subsidiary, will invest ₹ 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRV

QIA’s investment will translate into a minority equity stake of 0.99% in RRVL on a fully-diluted basis.

Reliance Retail Ventures Limited (RRVL) announced on Wednesday that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited.The investment values ...

During the quarter, Reliance Retail records highest ever footfall at 249 million across all formats. "Retail business delivered robust growth, with fast-paced store additions and steady growth in footfalls. The contribution of Digital and New Commerce initiatives is scaling up, delivering value to consumers and providing synergistic benefits to merchant partners," says RIL chairman Mukesh Ambani

Mukesh Ambani-led RIL said its consolidated revenue from operations declined 5.31  per cent to Rs 2.1 lakh crore

Grocery, consumer electronics and fashion boost operating revenue by 20.5% to Rs 62,159 crore

Reliance Industries Limited posted consolidated revenues of Rs 231,132 crore ($28.2 billion), down 4.7 per cent YoY, for Q1 FY2023-24 due to sharp decline in O2C revenues with 31 per cent fall in crude oil prices.Reliance’s quarterly ...