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RELIANCE METRO DEAL
Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...- Mumbai Metro Aqua Line’s 2-year signal war ends: Your phone finally works undergroundMumbai Metro Aqua Line commuters can now enjoy mobile network connectivity after a two-year dispute resolution. Vodafone Idea and Airtel ar...
- I-Beauty! After J, K and C, now it's India's turn in the big beautiful marketIndia's beauty industry is emerging as a global force, blending Ayurvedic heritage with modern science to create "I-beauty." With rising ex...
- RIL pays Rs 254 cr to Metro for using its brand name in IndiaLast December, Reliance Retail Ventures, a unit of RIL, bought Metro Cash & Carry India for a total cash consideration of ₹2,850 crore. The...
- Reliance opens Metro's gates for all consumers to further strengthen its retail dominanceMukesh Ambani's consumer business is set to gain further momentum as it has opened the gates to its Metro Cash & Carry stores for everyone,...
- Reliance Retail opens Metro Cash & Carry stores to all; to also continue wholesale biz from outlets for B2B customersReliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the ...
- CCI clears Reliance's $344 million buy of Metro's local businessThe deal, announced nearly three months ago, will help Reliance strengthen its wholesale format and cement its position as the biggest play...
- Metro AG stores to cater to both retail and wholesaleMetro sold only to business customers such as neighbourhood stores, hotels, restaurants, caterers and others with a business or goods and s...
- Reliance Retail to pick up Metro's India biz for ₹2,850 croreAs part of the deal, Reliance will get 31 large format stores in 21 cities as well as the realty portfolio that includes six store-occupied...
- Reliance acquires Metro AG's India business for Rs 2,850 croreThrough this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, ...
- Reliance may acquire Metro AG's India business at a value of less than $500 millionThe move will help Reliance Retail – the retail unit of the conglomerate -- to consolidate its presence in the B2B trade segment which it h...
- Reliance gears up for fight against D-Mart and hypermarkets as its looks to close Metro deal this monthReliance is said to acquire Metro' India unit in a deal estimated at around 500 million euros (Rs 4,060 crore), which includes 31 wholesale...
- HUL, Nestle, P&G in talks with Metro to lower trade marginsWhile organised retail and wholesale still accounts for 10-15% of the country's overall FMCG sales, retailers like Reliance are increasingl...
- Reliance set to acquire METRO Cash & Carry India in Rs 4,060 crore dealThe deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry here, they said. This is going...
- Metro AG will sell its India business only if it gets the desired valuation"At the moment, talks with Reliance Retail and Thailand's CP Group are ongoing, but Metro won't do a distress sale or sell at a price lower...
- Reliance may have an edge in race for Metro IndiaOne of the people said while the CP Group is still in the fray, there are chances Reliance may be the only one to place the final bid, whic...
- Reliance said to be sole bidder for Metro’s India businessCharoen Pokphand Group Co. is no longer actively in talks with Metro, leaving only Ambani’s Reliance to pursue the so-called cash-and-carry...
- RIL, CP Group, Lightspeed in fray for Metro's India businessThe balance is tilted in favour of Reliance as of now since Metro wants a quick exit and does not want any regulatory hurdle which could co...
- Government lists projects won by Anil Ambani under UPA's watchThe deal is to counter the Congress charge that BJP had favoured the conglomerate in the Rafale contract.
- Anil Ambani Group stocks surge; R-Com up by 8%Ambani brothers had last month sewed a Rs 1,200 cr deal where ADAG will share its fibre-optic network to help RIL roll out its 4G telecom v...
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