Alongside selling private labels in ethnic wear and sarees, Avantra will collaborate with regional weaver clusters and several third-party brands
Reliance Retail aims to reach customers for every consumer requirement in the products and services space
Reliance Retail will acquire a 40.95% stake through preferential allotment of 2.11 crore shares at Rs 1,022.25 apiece, totaling Rs 2,164.9 crore
RIL also announced an ultra affordable smartphone jointly developed by RIL and Google which is to be launched in September
We now have a strong balance sheet with high liquidity that will support growth plans for our three hyper-growth engines -- Jio, Retail and O2C, Mukes
The movement in share price indicates that an investment of Rs 25,000 in this company in 2001 would have now fetched over Rs 7 lakh
Net profit of Jio Platforms increased by 47.50% YoY to Rs 3508 crore in Q4FY21 against Rs 2379 crore in Q4FY20