$RELIANCE

Reliance Retail Ventures (RRVL) plans to ‘rapidly’ scale its online business, expand dark stores and strengthen omni-channel capabilities, CFO Dinesh Taluja said in the company's earnings call today. The company plans to evaluate markets and focus investments accordingly, he added. Taluja added that RRVL expects these investments to translate into higher margins and earnings growth and outlined a three-year roadmap, PTI reported. He said the retailer will invest in the infrastructure of JioMart and omni-channel reach across platforms, even as margins have come under pressure from rising technology and dark-store investments.