Marvell Technology, Inc. (MRVL) shares are down more than 7 percent on Friday morning trade after the company reported a second-quarter net loss compared to profit last year.
Reliance Retail: RRVL, through its subsidiaries and associates, operates India s largest, retail business with an integrated omni-channel network of over 18,500 stores.
The mega investment plan will infuse money into Mukesh Ambani-led RIL's subsidiaries including Reliance Retail which is being steered by his daughter Isha Ambani.
"The sustained growth across consumption baskets has further consolidated our position as a market leader. We continue to innovate and invest in our stores and digital platforms to make shopping more engaging for our customers," said Isha Ambani, executive director, Reliance Retail Ventures.