New Delhi, Aug. 29 -- In the 48th Annual General Meeting (AGM) of Reliance Industries (RIL), Isha Ambani announced that Reliance Retail has reinforced its position as one of the fastest-growing retailers globally, posting strong financial results and setting the stage for its next phase of expansion. With unmatched scale, digital strength, and consumer reach, the company is gearing up to accelerate growth across multiple verticals. However, there was no IPO announcement, which was awaited by the investors.

Isha Ambani, Director of Reliance Retail, described the company as a "national movement" that aims to benefit both consumers and producers while boosting India's economy. Reliance Retail's gross revenue rose 8 percent to Rs.3,30,943 cr...