Mukesh Ambani’s Reliance Retail Ventures Limited (RRVL) a subsidiary of Reliance Industries Limited (RIL), today announced that The Public Investment Fund of Saudi Arabia will invest Rs 9,555 crore in the company for an equ
Jio Platforms and Reliance Retail are the two segments of RIL that in recent months have been the most lucrative of the RIL pie, as marquee investors lined up to have a piece of them.
Micromax, which launched YU last year as an online-only brand, will now sell Yuphoria, Yureka Plus and Yunique handsets across 30,000 retail outlets in India from Monday.
Keeping in tune with the times, Reliance Retail is planning a big push in the e-commerce segment this year through a rollout of online stores for fashion and lifestyle, grocery and business-to-business verticals.