Saudi fund invests $1.3 bn in Ambani’s retail business
The Public Investment Fund of Saudi Arabia is picking up a 2.04% stake in Mukesh Ambani’s Reliance Retail Ventures. This after it invested $1.5 billion in a sister company, Jio Platforms.
The Public Investment Fund of Saudi Arabia is picking up a 2.04% stake in Mukesh Ambani’s Reliance Retail Ventures. This after it invested $1.5 billion in a sister company, Jio Platforms.
Flipkart investing ₹1,500 crore in Aditya Birla Fashion and Retail shows it's not a winner-takes-all market, and there will be convergence between online and offline stores.
In the time of Covid-19, policies and regulations need to be overhauled to achieve the goal of Atmanirbhar Bharat.
Japanese fast-fashion brand UNIQLO opened its first shop in New Delhi following in the footsteps of Spanish giant Zara and Swedish high street retailer H&M.
Offline retailers used it as an opportunity to drive footfalls at stores.