reliance retail

reliance retail witnessed a significant surge in quick commerce, reporting a 2.4-fold increase in orders during the March quarter, fueled by its hyper-local delivery services. The company plans to expand its reach by establishing dark stores in strategic locations to ensure sub-30-minute delivery.

Reliance Industries declared a dividend of Rs 5.5 per share after reporting a 6.4% rise in net profit for the March quarter, reaching Rs 22,611 crore. The company's annual revenue hit a record Rs 1,071,174 crore, driven by growth in consumer businesses and the O2C segment.

Reliance Industries is reportedly vying for a stake in Haier India, potentially competing with a consortium led by Sunil Mittal. Haier, seeking a strategic partner, may dilute 25-51% equity, targeting a valuation of $2-2.3 billion. This move comes amid U.S. tariff pressures and India's cautious approach to Chinese investments.

Reliance Industries, led by Mukesh Ambani, has emerged as a strong contender to acquire a significant stake in Haier's Indian operations, intensifying competition with a consortium led by Sunil Mittal. Haier aims to reduce its equity, seeking a valuation of $2-2.3 billion, as Chinese firms are more open to partnerships with Indian entities.

Brokerage firms offer varied outlooks on Indian stocks. CLSA is optimistic about Reliance Industries, while Morgan Stanley holds a neutral stance on IDFC First Bank. JP Morgan expresses caution on Maruti due to plant ramp-up costs. Investec recommends buying Mahindra & Mahindra, citing the potential of SML's addition.

Reliance Industries reported a 6% rise in quarterly profit, reaching Rs 22,611 crore, driven by strong performances in its digital and retail sectors. This growth compensated for a 10% decline in the oil-to-chemicals unit's operating profit due to lower fuel cracks and polyester margins.

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, rallied strongly in trade on Monday. While BSE Sensex went above 80,300, Nifty50 crossed 24,350 intraday.

Pegatron, a major supplier to Apple and Tesla, cautions that Trump's tariff policies are creating confusion and potential shortages in the U.S. market. The fluctuating trade levies are disrupting global supply chains, forcing companies to rethink strategies. Prolonged tariffs could stifle innovation and increase consumer costs, impacting the tech sector.

The Trump administration is using tariff threats to pressure India into fully opening its $125 billion e-commerce market to American giants like Amazon and Walmart's Flipkart. These negotiations, highlighted by recent meetings between US and Indian officials, aim to address what Washington considers unfair trade barriers.

The US administration is engaging in trade discussions with India, seeking to provide full market access for online retailers like Amazon and Walmart in India's burgeoning ecommerce sector, according to report from Financial Times. This push comes amid potential tariff increases and aims to address what the US considers non-tariff barriers, such as restrictions on foreign ecommerce enterprises and product inspections.

Philips has introduced its premium electric shavers in India, featuring the Series 7000, i9000, and i9000 Prestige Ultra. These shavers incorporate AI-powered SkinIQ technology, promising a precise and comfortable grooming experience. Available through Philips' website, Amazon, Croma, and other retailers, the shavers range in price from Rs 14,999 to Rs 34,999.

Asus India has introduced its 2025 ROG laptop lineup, featuring models like the Strix Scar 16/18, Zephyrus G14/G16, Strix G16, and Flow Z13. These laptops boast the latest hardware, immersive displays, and AI-accelerated capabilities. Pre-orders are open with benefits up to Rs 34,498. The series offers powerful processors, advanced NVIDIA GeForce RTX GPUs, and high-refresh-rate displays.

Shein's partnership with reliance retail faces renegotiation due to Beijing's efforts to retain domestic manufacturing amid US trade tensions, potentially scaling down Shein's plans to establish India as a key global sourcing hub.

Reliance Consumer Products, under Mukesh Ambani's Reliance Industries, is set to establish a new Campa Cola bottling plant in Bihar with an investment of Rs 1,000 crore. This move follows the launch of a similar plant in Assam, marking Campa Cola's expansion in eastern and northeastern India.

Indian equities experienced a significant rebound last week, boosting the combined market capitalization of the top ten companies by Rs 3,84,004.73 crore. HDFC Bank and Bharti Airtel emerged as leading gainers amid positive market sentiment fueled by factors like deferred tariff hikes and hopes for trade negotiations. Reliance Industries retained its top position as India's most valued company.

Across India’s most powerful business families, a transition is underway — the next gen is being groomed to occupy the corner offices