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India's ready-to-cook food sales rise since the onset of pandemic India's ready-to-cook segment sales bounced higher with each month of the pandemic lockdown due to frequent food ordering from consumers....

IBEF January 15, 2021

Flipkart to acquire 7.8% stake in Aditya Birla Fashion Flipkart to acquire 7.8% stake in Aditya Birla Fashion. The later also entered into a commercial agreement in relation to the sale and distribution of various brands of the company....

IBEF October 26, 2020

Retail sector may recover nearly 80% of pre-Covid sales in 2020, says RedSeer Retail sector is estimated to recover ~80% of pre-Covid sales amounting to US$ 780 billion by the end of the calendar year, due to development in the essentials/grocery category that accounts for ~65% of the overall share, according to RedSeer....

IBEF October 09, 2020

Silver Lake to invest Rs 7,500 crore in Reliance Retail US private-equity firm Silver Lake will invest Rs 7,500 crore (US$ 10.2 billion) in Reliance Retail which marks its second billion-dollar investment in Reliance Industries subsidiary....

IBEF September 10, 2020

RIL's retail arm to acquire Future Group's key businesses for Rs 24,713 crore Reliance Retail Ventures Ltd. (RRVL) plans to acquire Future Group’s retail, wholesale, logistics and warehousing businesses for Rs 24,713 crore (US$ 3.51 billion)....

IBEF August 31, 2020
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