To navigate the downturn, Reliance Retail has undertaken several significant restructuring efforts: Job Reductions: The company has laid off 38,000 employees in 2024, as revealed in company filings.

This suggests cost-efficiency drives, and the report states that the reduction is particularly noticeable in its retail ...

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Trent's MD P Venkatesalu emphasizes focusing on consumer needs amid intense competition, including the re-entry of Shein via Reliance Retail. Despite demand fluctuations, Trent continues its ...

Mukesh Ambani has reclaimed the title of 'Richest Person in Asia' while Gautam Adani added almost Rs 1 lakh crore to his fortune to emerge as the country's biggest wealth gainer (Photo: Reuters ...

Reliance Retail is hoping for a valuation of $125 ... By how much can central government employee salaries get hiked? Financiers from Qatar Investment Authority to General Atlantic collectively ...

Reliance Retail, once valued at USD 125 billion, has seen its estimated valuation drop to USD 50 billion, according to analysts. This sharp decline is attributed to slowing sales growth ...

To navigate the downturn, Reliance Retail has undertaken several significant restructuring efforts: Job Reductions: The company has laid off 38,000 employees in 2024, as revealed in company filings.