Mukesh Ambani Plans To Buy English Football Club
Indian billionaire Mukesh Ambani has now entered the race to bid for the globally-renowned English Football Club Liverpool takeover. The club has been put on sale by Fenway Sports Group, the current owner, which bought it in October 2010, according to the reports. This is not the first time Ambani is eyeing a stake in…
Roopa
Reliance Retail Will Launch FMCG Business This Year, Nisha Ambani
After entering the 5G spectrum, footwear, clothing, etc., Reliance Retail has now found its place in the fast-moving consumer goods (FMCG) industry; the conglomerate is now reportedly in talks to acquire a batch of brands. According to the reports, Reliance Retails on Monday announced the acquisition of brands like Garden Namkeens from CavinKare, Lohri Zeera,…
Fortune 500 List: LIC Got 98th Place, RIL Shifted To 104th
In the recent Fortune 500 list, LIC, Life Insurance Corporation, beat Reliance Industries. The nation’s biggest life insurance company, with $97.26 billion and a profit of $55.8 million, has got 98th place, while Reliance has shifted to 104th place from 51 on the 2022 list. This is the first time when LIC has made its…
Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India
After the fashion world, Reliance Brands Limited entered the Food & Beverages Space. On Thursday, the company announced a franchise partnership with ‘Pret A Manger’, a UK-based food and organic coffee chain, to launch and build British Sandwich and Coffee chain in India. Reliance is spreading its wings everywhere. Before this Reliance picked stakes in…
abhinav singh
Reliance Retail Acquires 54% Shares in Addverb For ₹ 983 Cr.
Reliance Retail Venture Ltd., the retail unit of Reliance Industries Ltd., has now acquired 54% stakes in Robotic Company, Addverb Technologies for ₹ 983 Cr. ($ 132 million approximately). Before this, Reliance has picked 25.5% stacks worth in Dunzo for $240 million. With this, the company is expecting business extension in Europe and US and…
John David
Reliance Looking To Acquire Textile Industry ‘Sintex’
Reliance, partnering with Assets Care & Reconstruction Enterprise Ltd., plans to hire Sintex Industries Ltd. under the bankruptcy resolution process, Sintex revealed in a filing on Sunday. Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are planning to take over a bankrupt Indian Textile firm ━ Sintex Industries Ltd., according to a stock-exchange filing….