The retail major has already closed three stores and planning to shut down around 24 stores by the end of this month, the report stated.

Reliance Retail is temporarily closing its Centro stores across India to revamp the format. The company plans to prioritize its own brands, like Azorte and Yousta, potentially phasing out some of the 450 local and global brands currently sold.

9Skin, co-founded by actress Nayanthara, partners with Reliance Retail's Tira to expand into offline retail in India. This collaboration launches the exclusive Skinderella Hydrogel Mask. The partnership aims to offer innovative, natural skincare solutions, now available both online and offline through Tira's network.

The diverse range of products currently available on the 9Skin website will now be accessible through Reliance Retail’s Tira’s online and offline platforms

JioBook aims to empower learners of all ages with advanced features and seamless connectivity options.

Reliance Retail has deployed a technology team to develop applications in order to create seamless online and offline experience in the coming financial year.

"PVR has opted to insist on not paying any rent for the period of closure. PVR does not own properties and all of its screens operate on rent," said a source in Chennai-based SPI Cinemas which was acquired by PVR in August 2018.