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Samara and Amazon will be acquiring More through a two-step process. Photo: Mint

Wed, Sep 19 2018. 06 18 PM IST

Samara-Amazon to acquire ABRL’s More

The transaction is said to be valued at around ₹4,200 crore

Reliance Industries Ltd’s (RIL) aims to leverage the strengths of Reliance Retail stores and Reliance Jio’s digital infrastructure to boost sales in smaller towns. Photo: Aniruddha Chowdhury/Mint

Wed, Sep 19 2018. 09 27 AM IST

RIL plans to set up Reliance Jio Hubs in smaller towns

Reliance Jio Hubs will be one-stop shops for all consumer items sold by Reliance Industries and its units ranging from electronics to groceries

File photo: Ramesh Pathania/Mint

Fri, Sep 14 2018. 09 49 AM IST

Patanjali relents on discounts at retailers as growth stalls

There is increased competition from rivals, with new launches in herbals, naturals space, and aggressive pricing

Reliance Retail said JioPhone users spend more time using the internet and applications than even smartphone users

Tue, Sep 11 2018. 05 16 PM IST

Jio Phone grabs 80% market share in sub-Rs 1,500 segment, claims Reliance Retail

Reliance Retail claims that out of every 10 phones sold in the sub-₹1,500 price-range, 8 are Jio Phones

Photo: Priyanka Parashar/Mint

Thu, Aug 30 2018. 10 44 PM IST

Opinion | How home-grown consumer firms tasted success

Today, MNCs no longer shape the narrative. Home-grown firms are clearly calling the shots

Anand Prasanna, managing partner of Iron Pillar. Photo: Mint

Thu, Aug 30 2018. 08 52 AM IST

Iron Pillar leads $15 million funding in Servify

Servify will use the funding from investors Iron Pillar, Blume Ventures and Beenext to add depth to its senior management and building new tech solutions for its clients

Photo: Mint

Mon, Aug 27 2018. 10 26 PM IST

Opinion | Don’t strangle Indian e-commerce

It should be free to work under the principles of economic democracy, with a level playing field for domestic and foreign players

The core business for Raw Pressery includes juices and smoothies that form a majority of its revenues. Photo: www.rawpressery.com

Tue, Aug 21 2018. 09 09 AM IST

Raw Pressery raises Rs 33.5 crore in debt, equity from Alteria Capital

Raw Pressery counts Sequoia Capital, DSG Consumer Partners and Saama Capital as its existing investors. The start-up had raised nearly Rs 150 crore ($22.4 million), prior to the latest funding round.

BSE Sensex and NSE’s Nifty closed at record highs on Monday. Photo: Mint

Mon, Aug 20 2018. 08 40 AM IST

Closing bell: Sensex extends record run led by L&T, Nifty settles above 11,550

BSE Sensex closed 330.87 points up at 38,278.75, while the Nifty 50 ended 81 points higher at 11,551.75. Here are the highlights from the markets

More is currently the fourth-largest supermarket chain in the country, after Reliance Retail, Future Group and D-Mart. Photo: Pradeep Gaur/Mint

Mon, Aug 20 2018. 07 51 AM IST

Amazon, Samara Capital in talks to acquire More

Samara Capital and Amazon will jointly place their funds in a shell entity, which in turn will buy More supermarkets from Aditya Birla Group

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