Friday, September 29, 2023
Outlook India
Outlook Business

Reliance Retail

RRVL will collaborate closely with founder Alia Bhatt and leverage its subsidiary, Reliance Brands Limited, strength to spearhead the kidswear business

Haldiram has proposed a valuation of $10 billion which Tata Group is not comfortable with

The Commerce and Industry Minister also sought setting up a regulatory authority to monitor and regulate e-commerce trade in India

The company, however, refused to comment on the layoffs

The company is now working on a strategy of integrating processes from design to shelf, according to industry sources

The absence of a prominent leader other than Nykaa in the online space offers Reliance Retail's Tira brand sufficient headroom to position itself as a strong contender in India's burgeoning beauty and personal care industry

The country's leading retailer will now compete with the brands like HUL's Lakme, Nykaa, Tata and LVMH's Sephora in India's growing beauty and personal care marketplace

In January 2022, Dunzo was looking to raise about $100 million through convertible notes to scale its Dunzo Daily verticle