The development comes as Reliance Retail looks to bring in strategic and financial investors after the record $20-billion fund-raise byMukesh Ambanifor his telecom business.
Reliance Retail
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Earlier, the brand licence was with Videocon Industries but the arrangement ended in 2018.
During the corresponding period last year, the company had posted an EBITDA of Rs 1,206 crore.
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Mukesh Ambani Led Reliance Retail Crosses $10 billion Sales Mark
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Reliance Retail appoints Trent's CIO Vikram Idnani as Senior Vice-President
Idnani had served an 11-year stint as the Head-IT ...
Reliance Retail shuts more than 60 loss-making Reliance Fresh stores
Reliance Fresh stores which have been shut were du...
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