Discover and read the best of Twitter Threads about #relianceretail

Most recents (24)

Business model of reliance retail …

#RelianceRetail is the retail arm of Indian conglomerate #RelianceIndustries, one of the largest retail companies in India.
The company operates a wide range of retail formats, including #supermarkets, hypermarkets, and specialty stores.
#RelianceRetail's business model is based on the "asset-light" model, meaning it leases rather than owns its stores.
Read 10 tweets
Why Mukesh Ambani is dividing the Reliance empire again?

A thread 🧵 - 1/16

#Reliance #MukeshAmbani #jio #RelianceRetail
It took Dhirubhai Ambani and the Ambani family 40 years to make Reliance the biggest private company in India. Just 1 year after his death, the biggest business in India was divided among the next generation of the Ambani family.

2/16
Dhirubhai Ambani did not leave behind a will and proper succession plan for Reliance. It was probably an error of Dhirubhai which led to this division.

3/16
Read 16 tweets
Retailers are on expansion mode

~16.7 mn space addtion expected in FY21-24E vs. ~8 mn added in FY18-21 (~2x)

Dmart, Trent, ABFRL to double their retail space additions in next 3 yrs as comapred to last 3 yrs

#dmart #relianceretail #vmart #abfrl #trent #tcns
Revenue recovery rate surpasses pre-Covid levels from Q3FY22 onwards
Read 4 tweets
The next big thing to watchout in #Reliance is its foraying into financial services

Let's deep dive into it 🧵🧵

#relianceretail #jio #Reliancejio #MukeshAmbani #investing
Reliance has multiple financial services entity but most notable are :

Jio Payments Banks
Reliance Retail Finance
Jio Information Solutions
Jio payments bank can be used to convert into Small Finance Bank which can be further used for lending business

bloombergquint.com/business/payme…
Read 11 tweets
#SupremeCourt to shortly hear a plea by Amazon against Delhi High Court order dated March 22 which stayed Single Judge’s order restraining Future Retail from going ahead with the 24,713 crore deal with Reliance Retail
@amazon @FutureGroup #relianceretail
Sr Adv Gopal Subramanium for @amazon will continue submissions today. He had earlier argued that the concept of "Emergency Arbitrator" and an award passed therein was not alien to the Arbitration and Conciliation Act, 1996.
#supremecourt
Sr Adv Gopal Subramanium for
@amazon: My investment in FCPL went straight down through the share purchase agreement.
Read 58 tweets
#SupremeCourt to shortly hear a plea by Amazon against Delhi High Court order dated March 22 which stayed Single Judge’s order restraining Future Retail from going ahead with the 24,713 crore deal with Reliance Retail
@amazon @FutureGroup #relianceretail
Hearing commences. Senior Advocate Gopal Subramaniam makes submissions.

Matter before Justices RF Nariman and BR Gavai

@amazon @FutureGroup #relianceretail
Sr Adv Gopal Subramanium for @amazon : Mr Salve appears for future group, another is future coupon

#supremecourtofindia #supremecourt
Read 32 tweets
Did you know? #BigBasket makes more revenue than 32-year old #SpencersRetail

businessinsider.in/retail/news/bi…

By @Krittiiii Image
@Krittiiii The year 2020 has been a game changer for India Inc. in many aspects. From shopping to working, everything has taken a digital spin and the debate of ‘online vs offline’ has been getting much stronger.

#BigBasket #SpencersRetail #Retail
@Krittiiii Online grocers are cumulatively the third largest player in the market behind #DMart and #RelianceRetail, according to a report dated June 4 from the broking firm Motilal Oswal.

#BigBasket #SpencersRetail #Retail
Read 9 tweets
As promised I am now posting details on #RIL #JIO stack. I shall discuss some advantage that #JIO stack has over peers. Pl do not take this as reco to buy stock. This is purely for information purpose
Unfortunately, majority of market participants only see the deal value #RIL has managed to clock & there is entire segment of investors who hate #RIL stock.
Those who understand the technical/business depth of #RIL #JIO #RelianceRetail know the scale and future ahead
Talking first about #JIO stack from telecom PoV, it has tons of advantages over likes of Airtel/Idea-Vodafone that #JIO is pure 4G VoLTE network.
Read 32 tweets
Delhi High Court begins hearing Future Retail's suit against Amazon in relation to the emergency arbitrator award stalling its deal with Reliance Retail.

#FutureRetail #Amazon #Reliance
Matter listed before Justice Mukta Gupta.
Senior Advocate Harish Salve continues his rejoinder submissions on behalf of Future Retail.
Read 159 tweets
[Breaking] Reliance - Future Group Deal: Amazon gets relief as Singapore Emergency Arbitrator stalls the sale of Future Group

Read FULL STORY and ORDER: bit.ly/35BePRD

#Amazon #futuregroup #relianceretail
Order: Respondents (Future Group) are injuncted from taking any steps in furtherance to the Board Resolution of August 29, 2020 in relation to the transaction with Reliance, including but not limited to filing or pursuing any application before anybody or agency in India.
Senior Advocate Gopal Subramanium appeared for Amazon and was advised by P&A Law Offices and AZB & Partners.

Senior Advocate Harish Salve appeared for Future Group, and was briefed by Trilegal and Naik & Co.
Read 4 tweets
Weekly NIFTY50 analysis thread.
September Week4.

All posts are for educational purposes.
1
#nifty50
#PriceAction
#ADANIENT
Adani enterprises
Read 53 tweets
Round 2 of weekly Reliance Ind fund raising? This time for Retail?

BofA: RIL has offered all 13 investors of Jio Platforms (including Facebook, Google etc) the option to invest in its Retail unit. Image
Round 2 has started for Reliance Industries

This time for Retail

Private equity firm Silver Lake to invest Rs 7500 crore in Reliance Retail for 1.75% stake

cnbctv18.com/retail/private… Image
Mukesh Ambani:
Read 5 tweets
#ICYMI | #KishoreBiyani gives up his retail empire to Mukesh Ambani – says its now in ‘stronger hands’

#RelianceRetail acquires #FutureGroup for ₹25,000 crorein a ‘slump sale’.

businessinsider.in/retail/news/mu…

By @SanchDash Image
👉Mukesh Ambani has bought Kishore Biyani’s Future Retail for ₹24,713 crore.

With the acquisition, Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks will merge into Future Enterprises Limited (FEL).
👉#RelianceRetail will now own all of Future Enterprises’ stores by way of a ‘slump sale’ – Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory. The deal will also see Reliance take over Future’s logistics and warehouse. Image
Read 6 tweets
#RelianceRetail acquires Kishore Biyani’s #FutureGroup for ₹25,000 crore in a ‘slump sale’

businessinsider.in/retail/news/mu…

#KishoreBiyani #MukeshAmbani

By @SanchDash Image
➡️After months of wait, the cat is finally out of the bag. #MukeshAmbani has bought #KishoreBiyani’s Future Retail for ₹24,713 crore.
➡️With the acquisition, Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks will merge into Future Enterprises Limited (FEL).
Read 5 tweets
German GDP down 10% in June qtr

France down 14%

Singapore minus 41%

#USGDP minus 32.9%,as per advance estimates

#COVID has inflicted universal damage--fall in India will be relatively lower&cushioned by good agri growth

Even when March qtr GDP grew 3.1%,#AgriGrowth was 5.9%
Besides Farm sector,thx to Banking clean-up,by @narendramodi govt, #Banks are doing well too

#SBI reported 81% jump in net profit at Rs 4189Cr

Yes,there was one time gain of 1540Cr--But even without this,profit grew by 15%& #NII by 19%

#GrossNPAs fell from 6.15% to 5.44% QoQ💪
#NetNPAs of #SBI fell from 2.23%,to 1.88%,in June2020 qtr

Improvement in #AssetQuality of SBI is good news&this,despite providing for #COVID19India related losses

SBI made Covid related provisions worth 1836Cr inJune qtr

Total provisions against Covid related losses are 3008Cr
Read 13 tweets
Indian Markets! Image
RECORDS by Reliance Ind today

Highest market cap by Indian co: INR 1.45 Lakh crore
Highest Increase in m cap in a day: INR 59.7K crore
Highest traded value: INR 12.46K crore
(NSE: INR 11.8K crore + BSE INR 0.6K crore)

#RelianceJio #RelianceRetail #RIL #MukeshAmbani #Ambani
who made this
🤣🤣 Image
Read 6 tweets
1. RIL’s New Vision is ‘To build a New Reliance for a New India’. Our Mission is to ‘Grow India and Grow with India’. #RIL recognises the aspirations of new #India and #Consumer & #Technology are its two mantras to meet those aspirations #NayeIndiaKaNayaJosh #RelianceAR Link: bit.ly/RILannualrepor...
2. In line with its aim to serve more and more Indians in a strongly inclusive way, #RIL continues to extend reach to consumers and communities!
#NayeIndiaKaNayaJosh #RelianceAR

bit.ly/RILannualrepor… Image
3. #RIL is the highest private sector contributor to the national exchequer… continues its commitment to the nation’s growth!
#NayeIndiaKaNayaJosh #RelianceAR

bit.ly/RILannualrepor… Image
Read 41 tweets
So Reliance Retail is in the news as it is being touted to be in the race to acquire Future Group assets to become a bigger Indian Retailer (It is already a behemoth).

A small thread!

#RelianceRetail #Retail
According to Trak.in , "All the control from Future retail basket, including FBB, Big Bazaar, Food Hall and Central, along with Future Lifestyle Ltd, and Future Supply Chain Solutions will be handed over to Reliance. These three entities will be merged into one.
Speaking of Biyani, he will be leftover with control of Future Group’s FMCG business and some other smaller group companies."
Read 11 tweets
Yes--#Reliance is now #DebtFree

#Jio raised Rs 1.16 lakhCr from #Facebook,Silver Lake,Vista Equity, General Atlantic,KKR, Mubadala, ADIA,TPG,L.Catterton&PIF

7000Cr raised,via 49% stake sale in fuel retail venture,to #BP

53124Cr raised via #Rights

Debt was Rs 1.63 lakhCr
#RIL
That RIL is #NetDebtFree is big,but bigger news is,Rs 1.69 lakhCr was raised in 58 days,flat

#SaudiArabia's Sovereign Wealth Fund,#PIF's 2.32% stake in #Jio has #EnterpriseValue of 5.16 lakhCr& equity valuation of Rs4.9 lakhCr

Great going for #RIL,with 9.23% weightage in #Nifty
Most interesting bit about the massive fund raising exercise by #Reliance,is the serious money committed by #Arab world, including,AbuDhabi based, #Mubadala

With 10 lakhCr+ in market cap,#RIL is a story that showcases,size &scale,matter

Jio& #RelianceRetail to be listed in 5yrs
Read 4 tweets
(1/4)In an increasingly competitive battle for market share and dominance of the e-commerce arena, @Shopify has partnered up with @Facebook & @Walmart in a matter of few weeks...
@amazon might be staring down the barrel of a loaded e-commerce gun on its home turf.
#megatrends
(2/4) In a time like this, "the enemy of my enemy is my friend" is a phrase that fits well for India's very own sector devouring #RelianceIndustries and their retail arm, #RelianceRetail!!
After the recent downpour of $$$'s on Antila & a new partner in @Facebook,
#megatrends
(3/4) There may be a unique chance for @Facebook @Walmart & #RelianceRetail to open a new war front in India to challenge @amazonIN by providing better service & last mile logistics compounded by a price war resonant of the one that created the @reliancejio monster
#megatrends
Read 4 tweets
1/n Reliance Industries Ltd announces results for Q2 FY2019-20. Details follow… #RILresults
2/n Q2 FY2019-20 Record quarterly consolidated Net profit of ₹ 11,262 crore ($ 1.6 billion), up 18.3% Y-o-Y, with strong performance across all business segments #RILresults
3/n Q2 FY2019-20 Record quarterly PBDIT of ₹ 25,820 crore ($3.6 billion) up 15.5% Y-o-Y #RILresults
Read 22 tweets

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