Isha Ambani Likely To Be Named As Reliance Retail Ventures Chairman
Isha Ambani, currently Director of Reliance Retail Ventures, could be named as Chairman of the unit. The speculations came a day after Mukesh Ambani, founder of Reliance Jio announced his son to be the chairman of the company, after resigning. Sources close to the development, wishing anonymity until the official announcement said, "Isha Ambani’s elevation could come as early as Wednesday". Notably, Isha (30) is an alumnus of Yale University… read-more
Tags: Reliance Retail Ventures, Mukesh Ambani, isha ambani, chairman, akash ambani
Courtesy: Business Standard
RIL To Sign Agreement With Anamika Khanna For New AK-OK Brand
Aiming a new fashion brand launch in India, Reliance Industries Limited (RIL) and Indian Couturier Anamika Khanna to sign an agreement. The agreement will be between the affiliates of the two companies, to launch AK-Ok, a new brand in 60:40 joint venture. "The partnership with Anamika Khanna pivots around our recognition of homegrown talent's growing popularity and appeal in both India and globally," said Isha Ambani, Director of Reliance… read-more
Tags: Ak-Ok, Anamika Khanna, RIL, isha ambani, Indian brand
Courtesy: ANI
Reliance Group Acquires Stake worth Rs 24,713 Crore in Future Group
Reliance Retail Ventures Limited (RRVL) said on August 29 that it is acquiring stake worth Rs 24,713 crores in Future Group Limited. Future Group is home to Big Bazaar, Foodhall, and Brand Factory. RRVL stated that the retail and wholesale undertaking of Future Group is being transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a subsidiary of RRVL. Likewise, the logistics and warehousing undertaking is being transferred as… read-more
Tags: Reliance Industries, Mukesh Ambani, isha ambani
Courtesy: UNI