Green light for Heritage Foods’ acquisition of Reliance Retail’s dairy unit
The Competition Commission of India has given the green light to the country's Heritage Foods buying the dairy business of Reliance Retail.
Reliance Retail
Heritage Foods acquires Reliance Retail’s dairy unit
India's Heritage Foods has entered into an agreement to acquire the dairy business of Reliance Retail Ltd (RRL).
Briefing: Emerging market e-commerce: India’s fledgling food e-retail scene
Complex infrastructure and limited access to the internet are just two of the challenges in growing the online grocery channel in India. But manufacturers in every sector and online retailers are eyeing the opportunity as the country's economy grows and incomes rise. Hannah Abdulla looks at how the FMCG industry can win online.
INDIA: “Record” FY profits for Reliance Retail
India's Reliance Retail has reported "record" annual sales and earnings, with the head of its parent company hailing the business had turned around during the year.
INDIA: Reliance names supermarket, hypermarket chief
Indian conglomerate Reliance Industries has named Damodar Mall as chief executive of the supermarket and hypermarket chains operated by retail arm Reliance Retail.
INDIA: Q3 sales jump at Reliance Retail
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has recorded a 38% jump in third-quarter turnover. Sales reached INR39.27bn (US$637.6m) during the third quarter to the end of…
India briefing: The changing landscape of food retail
India has an estimated population of 1.24bn and has become one of the most attractive emerging markets. The country's retail scene is still dominated by smaller, traditional outlets but, with…
INDIA: Reliance Retail posts 41% hike in H1 turnover
Reliance Retail, the retail arm of industrial conglomerate Reliance Industries, has recorded a 41% hike in first-half turnover. The company, which operates more than 1,550 stores across India, said turnover…
INDIA: Reliance Retail Q1 sales up
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has reported "strong" first-quarter sales growth. Turnover jumped 53% to INR34.74bn (US$581.6m) during the first quarter to 30 June. Same-store sales…
UK: M&S tight-lipped over India food retailing “plans”
UK retailer Marks and Spencer has declined to comment on reports it is looking to start food retailing in India. The retail group operates a joint venture with Reliance Retail…
INDIA: Reliance Retail 9M sales climb
Reliance Industries said its retail arm, Reliance Retail, booked an increase in nine-month sales. In the period to the end of December, turnover reached INR77.49bn (US$1.4bn), a 44% increase on…
