Reliance Retail

  • METRO sells India Cash & Carry to Reliance Retail for Rs 2,850cr

    METRO sells India Cash & Carry to Reliance Retail for Rs 2,850cr The German retailer, METRO AG, has announced the full completion of the sale of its Indian cash and Carry business to Reliance Retail Ventures Ltd (RRVL), which operates...

    Published On May 18th, 2023
  • Reliance Retail to Accept Digital Currency for Payments

    In the process of the adoption of the Central Bank of Digital Currency (CDDC), Reliance Retail started accepting digital rupees or e-rupee for payments at its store. The payment through digital currency has been started in Reliance Retail's Freshpik store...

    Published On February 6th, 2023
  • RIL to buy the German Company Metro’s Cash and Carry business in India

    Reliance Industries is set to acquire German retailer Metro AG’s Cash & Carry business in India in a deal estimated at around €500. The Reliance-Metro deal includes 31 wholesale distribution centers, land banks, and other assets owned by Metro Cash...

    Published On November 8th, 2022