Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz

Reliance Retail, which is a step-down subsidiary of Reliance Industries, has crossed the one billion transaction mark and is the only Indian retailer to feature in the top 100 retailers globally. In its Annual Report, the company said the next wave of value creation for the company was built around multiple hyper-growth engines… Continue reading Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz

UPI transaction value up 4% in July; inches closer to 10 million in volume

After a marginal dip in last month, transactions under the Unified Payment Interface (UPI) touched a new high of Rs 15.34 trillion in the month of July, up 4 per cent from Rs 14.75 trillion in June 2023. In terms of volume too, transactions saw a 7 per cent increase from 9.34 billion in… Continue reading UPI transaction value up 4% in July; inches closer to 10 million in volume