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Reliance Retail News
Reliance Retail delivers record-breaking performance - Details of Q4FY19 results
Thu, Apr 18, 2019
Reliance Retail delivered a record-breaking performance in revenue and profits growth for the year 2018-19.
Reliance Retail in talks to acquire Hamleys
Thu, Apr 18, 2019
In what could prove to be major global takeover, RIL-owned Reliance Retail is in talks to acquire the iconic 259-year-old toy brand Hamleys.
Reliance Retail buys 16.31% in Genesis Colors, acquires stake in 5 more cos
Sun, Sep 09, 2018
Further, RRVL has also acquired stake in five more companies for an aggregate Rs 57.03 crore. These entities are engaged in the business of retailing and wholesale of branded readymade garments, bags, footwear and accessories.
Reliance Retail to 'leverage' Reliance Jio's strength to consolidate position
Fri, Jun 08, 2018
Reliance Retail, which crossed USD 10 billion sales and became the first Indian company to enter the world's top 200 retail chains, would continue to expand network in tier II and III cities in the country.
Reliance Retail clocks $10 bn in revenues; here is why
Mon, Apr 30, 2018
Reliance Retail clocked revenues of over $10 billion or Rs 69,198 crore during the fiscal 2018 on the back of a strong performance in the digital category comprising consumer and connectivity business. In fact, more than half of the revenue clocked in by Reliance Industries Ltd's retail vertical is contributed by this category alone.
Retail Leadership Summit flagged off in Mumbai
Tue, Feb 20, 2018
The summit revolved around the central theme ‘Customer Centricity- Redefining Values and Valuations’
Legacy businesses in India have burnt their fingers tapping the online market; Here’s why
Mon, Sep 25, 2017
With another online venture that may soon bite the dust it goes to show that the e-commerce game is not for everyone.
Popularity of Mi-Fi 4G data cards in rural towns pushes Reliance Jio's market share to 91%
Thu, Aug 31, 2017
The popularity of the Mi-Fi Reliance Jio devices in rural areas and towns is one of the reason for the continued growth of the data card in India.
Reliance Jio website crashes after start of JioPhone pre-booking
Fri, Aug 25, 2017
Reliance Retail has started pre-booking of JioPhone though its stores, franchisees, Jio website and application against refundable deposit of Rs 500. The customers will be required to pay another Rs 1,000 at the time of delivery of the phone in September.
Want to buy a smartphone; Here are the list of new launches in this week
Sun, Jul 30, 2017
Companies like Xiaomi, Motorola, Gionee, Meizu and Samsung within a span of just one week has introduced new smartphones ranging between Rs 5,000 - Rs 39,000.
Reliance Jio's Lyf brand sells 15 lakh devices in Q1 FY18
Fri, Jul 21, 2017
Reliance Retail stores sold 15 lakh Lyf devices in the first three months of FY18.
Digital transactions: Is UPI finally making the right bet to grow?
Tue, Apr 04, 2017
Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.
Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai
Thu, Mar 30, 2017
Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.
Note ban punches holes in Q3 results; Cos hopeful of 'gains'
Sun, Feb 19, 2017
An analysis of the latest-quarter results of listed firms shows that the government's ambitious exercise of withdrawing old Rs 500/1,000 notes led to adverse impact on businesses across the sectors, though not many have publicly criticised the move and the likes of Rajiv Bajaj are only an exception.
Reliance launches LYF F1 smartphone priced at Rs 13,399
Fri, Oct 21, 2016
LYF F1 is powered by a superior Snapdragon 617 Octacore processor with 3GB RAM, and a 3200 mAh battery.
Retail chain that makes most money in India is the Army canteen!
Thu, Aug 18, 2016
CSD outlets operate around just seven basic product groups – toiletries, household requisites, general use items, watches and stationery, liquor, food and medicinal items and automobiles.
Reliance's organised retail earned nearly a billion dollar revenue in Q1
Sat, Jul 16, 2016
Reliance Retail, an organised retail arm of Reliance Industries, recorded continued growth momentum and strong profitability in the first quarter (Q1) of fiscal year 2016-17 (FY17).
Nearly 35% of RIL's Rs 7,113-crore net profit is from treasury gains
Fri, Jul 15, 2016
After consistently falling for some quarters, the share of other income in Reliance Industries' total net profit of Rs 7,113 crore in the June quarter has substantially jumped to 34.5% or Rs 2,378 crore.
LYF Earth 2 smartphone with retina scan launched in India
Mon, Jun 27, 2016
The device has sensors that enable the user to assign unique fingerprints.