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Under the JV agreement, RIL and Meta have committed an initial investment of ₹855 crore ($100 million), with RIL holding a 70% stake and Meta the remaining 30%.

Calling it one of the most “impactful growth journeys in modern India,” Ambani said Reliance Retail has built the country’s most advanced and inclusive retail ecosystem and is now poised for its “next chapter of super growth.”

Sachin Shahane, Head of Sales – Institutional Equities at Motilal Oswal, said investor interest is strong in logistics, consumer discretionary, industrials, non-lending financials, and auto ancillaries.

“In many locations, we have been the first modern trade retailer to enter, securing a first-mover advantage and locking in consumer loyalty. When a Reliance Retail store opens in a small town, it creates immense excitement and pride, as people…

For the week, the Sensex and Nifty lost nearly 2% each, while the Nifty Bank fell almost 3% and the Midcap index slid more than 3%. Thirty-nine of the 50 Nifty stocks posted negative returns for the week.

“Trading members are requested to note that there shall be no new changes in the ETI API or market data broadcast streams to facilitate roll-out of the said functionality,” the exchange said in a circular.

Nykaa has grown rapidly in India as it had the first-mover advantage in the online beauty retail space. This segment has been boosted by rising purchasing power and a speedy social media adoption by Gen Z and millennial buyers.

Data from the RBI as of June 27, 2025, shows that Indian banks collectively have sizeable exposures to tariff-sensitive industries

Infosys and Mastercard have announced a strategic collaboration to scale cross-border payments by integrating Mastercard Move with Infosys Finacle.

Maruti Suzuki chairman RC Bhargava called on India to stand united against punitive US tariffs while voicing hope that a GST cut on small cars could revive demand and boost growth.