dependency: Reliance acquires Indian operations of Metro AG for Rs 2,850 crore

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, on Thursday signed definitive agreements to acquire a 100% stake in Metro Cash and Carry India Pvt Ltd, which operates under the “Metro India” brand, for consideration in cash of Rs 2,850 crore. “Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, … Read more

RIL’s O2C business will rebound strongly in next fiscal year: Mayuresh Joshi

“has many opportunities like all of us in terms of commodity options and so I think they will be relatively better off even in terms of the petchem part of their business going forward. The next few quarters could be kind of a recovery quarters specifically for the O2C business but I think it should … Read more