Reliance Retail Ventures Limited, a division of Reliance Industries Limited, has announced the acquisition of Kelvinator, the iconic consumer durables brand, for an unspecified amount. Kelvinator pioneered electric refrigeration for home use globally. In India, it achieved iconic status in the 1970s and 80s with its memorable tagline, “The Coolest One.” Reliance Retail picks up […]
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Metro India started operations in India in 2003 as the first company to introduce cash-and-carry business format in the country and currently operates 31 large format stores across 21 cities with about 3,500 employees. | Photo Credit: PTI Reliance Retail Ventures Ltd. (RRVL), a subsidiary of Reliance Industries Ltd., said it has signed definitive agreements […]
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AZORTE offers wardrobe must-haves for fashion-forward customers of new India, said the CEO of Reliance Retail AZORTE offers wardrobe must-haves for fashion-forward customers of new India, said the CEO of Reliance Retail The mid-premium fashion segment is one of the fastest growing consumer segments, as millennials and Gen-Z are increasingly vying for the latest of […]
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Reliance Retail Ltd. has sought shareholders’ approval for doubling its borrowing limit to ₹1 lakh crore. The proposal will be put up before the shareholders during the company’s Annual General Meeting (AGM) to be held on September 30. In September last year, the shareholders had approved borrowing a sum not exceeding ₹50,000 crore. During its […]
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