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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 ...