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Reliance Retail Limited acquires beauty and wellness brand 'Pahadi Local'
Reliance Retail has made a significant investment in the beauty and wellness sector by acquiring Pahadi Local, a brand that embodies the essence of Himalayan beauty with its sustainable products. This acquisition not only bolsters Reliance's efforts in elevating homegrown brands but also furthers Pahadi Local's mission of supporting women-led self-help initiatives.
Reliance Retail completes acquisition of 'Pahadi Local' brand
Reliance Retail has completed the acquisition of brand 'Pahadi Local' along with business from Pahadi Goodness. 'Pahadi Local' is a fast-growing Indian beauty and wellness brand known for its nature-led, Himalayan-inspired formulations.
Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire
Reliance Consumer Products is expanding by acquiring regional legacy brands rather than digital-first startups. The strategy taps loyal local customer bases and plugs them into Reliance’s vast retail network to scale nationally.
Reliance Retail recalibrates fashion play to tap Gen Z demand
Azorte and other in-house brands sit at the centre of a strategy built on quicker turnarounds and trend-led assortments.
Clean Max Enviro Energy bulk deal: Citigroup sells 8.3 lakh shares worth Rs 70 crore
Citigroup offloaded ₹70 crore worth shares in Clean Max Enviro Energy Solutions at a 20% discount to its IPO price after a weak debut on National Stock Exchange of India. The stock ended sharply lower amid muted retail participation despite institutional interest.
FPI stake hits 15-year low on Dalal Street: Is it a boon or bane for retail investors? Explained
According to Pranav Haldea, Managing Director, PRIME Database Group, the balance of ownership in Indian equities is tilting inward, reinforcing the market’s growing atmanirbharta (self-reliance), as MFs alone seem set to overtake FPIs in the coming quarters.
Reliance Industries stock jumps 2% after AGM; brokerages see up to 34 percent upside on AI, Jio IPO, new energy
Brokerages remained bullish on Reliance Industries shares following the AGM, highlighting multiple growth drivers across telecom, retail, energy and emerging businesses.
RIL shares rise 5% in three sessions ahead of AGM: Here are other triggers
The rally comes ahead of the company's AGM on June 19, where investors will be looking for updates on the group's telecom, retail, energy and new business initiatives
RDB infra shares extend rise to 2nd consecutive session, hit 5% upper circuit; check details
The company has presence in packaging, power and telecom transmission equipment, retail, logistics and real estate.
NHPC rises 4% as retail bidding opens after oversubscribed OFS, full greenshoe exercise
The government has decided to exercise the full greenshoe option after the issue received robust investor interest.
Stocks to Watch Today: Bharat Electronics, Trident, JSW Energy, Pine Labs, Awfis Space, Hitachi Energy, CONCOR, Suprajit Engineering in focus on 26 May
Stocks to Watch, 26 May: Stocks like Container Corporation of India, Amara Raja Energy & Mobility, Pine Labs, Aditya Birla Fashion and Retail, Awfis Space Solutions, Hitachi Energy India, Suprajit Engineering, Rail Vikas Nigam, Bharat Electronics, One 97 Communications Paytm, and JSW Energy will be in focus on May 26.
NLC India slips over 4% as Centre announces 3% stake sale via OFS
The OFS opens for non-retail investors on June 9, while retail investors can place bids on June 10.