Stay updated with breaking news from Rrvl. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ADIA and KKR invest $1.5 billion in RRVL s warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL s growth supported by investments and strategic partnerships. ....
RIL s EBITDA increased by 16.7% YoY to ₹44,678 crore, with Jio and Reliance Retail contributing significantly. Reliance Retail s EBITDA jumped by 31.1% annually due to festive season footfalls. ....
Top M&As in 2023: Deloitte highlights a 45 per cent jump in M&As within the consumer sector, driven by Reliance Retail s strategic acquisitions like Ed-a-Mamma. Bain & Company emphasises the growing prominence of digital content play with Saregama s Pocket Aces acquisition. ....
The Abu Dhabi Investment Authority (ADIA) will invest ₹4,966.8 crore in Reliance Retail Ventures Ltd (RRVL) through a subsidiary, acquiring a 0.59% stake. This latest fundraising round values RRVL at ₹8.38 lakh crore, making it one of the top four companies in India by equity value. RRVL has raised over ₹15,300 crore this fiscal year. The stake sale will help fund expansion, retire debt, and prepare for RRVL s IPO. ....