Categories: Business

Reliance Brands acquires 40% stake in designer Manish Malhotra’s MM Styles

Reliance Industries Ltd’s Reliance Brands Ltd (RBL) and famous designer Manish Malhotra have announced a strategic partnership to acquire a 40 per cent stake in Malhotra’s MM Styles Pvt Ltd. According to a Reliance Brands statement, this “strategic partnership” is the first “external investment” for MM Styles Pvt Ltd.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Launched in 2005, the Manish Malhotra luxury retail is spanned across four flagship stores in Mumbai, New Delhi, and Hyderabad. Manish Malhotra, the main architect behind the 16-year-old couture house, will continue to be at the helm of affairs of MM Styles Pvt Ltd as managing and creative director.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What Is Thirukkural? Ancient Tamil Classic Gifted by PM Modi to Vladimir Putin

Honorable PM Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the…

13 hours ago

Duleep Trophy Winners: Complete List from 1961 to 2026

The East Zone bagged the Duleep Trophy trophy 2026-27 following the draw between South Zone…

14 hours ago

BRICS Summits 2009-2026: Themes, Host Countries and Major Outcomes

Since the time of the first summit held in 2009, there has been much change…

15 hours ago

BRICS Members in 2026: Which Country Has the Highest GDP and Where Does India Rank?

The group of BRICS countries has grown considerably, with 11 leading emerging economies belonging to…

16 hours ago

Who Is Sudhakar Dalela? India’s BRICS Sherpa 2026, Role and Key Agenda

As India is organizing the 18th BRICS Summit in New Delhi from September 12 to…

17 hours ago

UPI Gets Tap-to-Pay and Unified Transaction View Features

The Reserve Bank of India (RBI) has come up with an innovative digital payment features…

17 hours ago