Reliance has acquired Metro's India business for Rs 2,850 crore.
The platform is initially available to all Reliance employees and will soon be available to consumers.
Jain becomes key managerial personnel (KMP) at FSN E-Commerce, as well as Company Secretary (CS) and Compliance Officer.
Meanwhile, company reported a 33% yoy increase in its revenue from operations.
Reliance Retail opened 789 new stores totaling 6 million square feet.
Witzig Advisory Services, More Retail's holding company, is 49% owned by Amazon.
Goenka anticipates that this format will contribute half of the company's revenues over the next five years.
METRO India commenced operations in India in 2003 as the first company to introduce the cash-and-carry business format in the country.
The merger of its wholly owned subsidiary has no effect on the consolidated entity's revenue or EBIDTA.
The antitrust watchdog said in a statement that it has approved Caladium Investment Ltd.’s roughly 7.49% stake in Aditya Birla Fashion and Retail Limited on a fully diluted basis through the preferential issue of shares and warrants.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
