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On October 7, 2021, the retail arm of Reliance Industries Ltd. (RELI.NS) announced that it will open 7-Eleven Inc convenience stores in India. The announcement came just days after Future Retail Ltd. (FRTL.NS) decided to terminate a similar agreement with the US retailer. Reliance Retail Ventures Ltd. will open the first 7-Eleven 24-hour convenience store in India's financial capital Mumbai today, October 9, 2021.

The announced deal is the latest in a series of moves by the Reliance Group, led by billionaire Mukesh Ambani, to rapidly expand its e-commerce and retail businesses in order to compete more effectively with Amazon and Walmart Inc's Flipkart in India's nearly trillion-dollar retail market.

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Only four Indian women wrestlers have won medals at the World level to date: Babita Phogat (2012), Geeta Phogat (2012), Pooja Dhanda (2018), and Vinesh Phogat (2019). These four Indian female wrestlers have all won bronze medals.

With this victory at the World Championships, 20-year-old Anshu Malik becomes the sixth Indian wrestler to reach the World Wrestling Championship finals and compete for the gold medal. Bishambar Singh (1967), Sushil Kumar (2010), Amit Dahiya (2013), Bajrang Punia (2018), and Deepak Punia (2019) are the five wrestlers who have reached the World Championships finals.

About 7-Eleven Convenience store

7-Eleven Inc. based in Irving, Texas is well-known for its iconic products, such as the Slurpee. A multinational convenience store chain operates and franchises over 77,000 stores across 18 countries and regions.

The multinational chain was founded in 1927 as an ice house storefront in Dallas. After 70 percent of the company was acquired by Japanese affiliate Ito-Yokado in the year 1991, the chain was reorganized as a wholly-owned subsidiary of Seven-Eleven Japan Co Ltd in 2005. It is now held by Chiyoda, Tokyo-based Seven & I Holdings Co. Ltd.

According to Joe De Pinto, President, and CEO of 7-Eleven Inc, India is the world's second-largest country and one of the fastest-growing economies. It is an excellent time for the world's largest convenience retailer to enter India. DePinto further stated that Reliance and 7-Eleven's strategic partnership will bring 7-Eleven's brand of convenient products and services to millions of Indian consumers beginning in Mumbai.

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