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Bidding for Reliance Industries’ digital unit topped four times the available shares on day two, as retail buyers took up their entire allocation inside two hours.
South Asia’s richest man Mukesh Ambani is establishing an e-commerce platform to compete with Walmart and Amazon in India. The Reliance Industries chairman will roll out services in Gujarat before extending them nationwide. “Jio and Reliance Retail will…
Indian retailer Reliance Industries has reported a 50 per cent growth in sales in its consumer electronics category for the quarter to December 31. Reliance Retail also consolidated its leadership in the grocery category, optimising its network to enhance…
India’s Reliance Industries is to build a network of 1000 stores, the consumer face of a new 4G mobile phone network. The new mobile phone network will be launched in December with 1000 stores branded ‘Jio Centers’. The network itself will be called Jio. The…
Japanese minimalist retailer Muji will open its first shops in India by the center of subsequent yr. Muji has sealed a cope with Reliance Industries to create an Indian operation, turning into Reliance’s 19th worldwide retail model. Muji’s information comes…
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