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Understanding Reliance’s retail empire

Finshots Daily

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Reliability Is Building a Private Label Business

In two days episode we see how reliance is building its retail empire. It has bought out or taken significant stakes in extremely diverse businesses. Nine out of ten households in the country are users of at least one of its brands. With economic uncertainty looming, inflation remaining stubbornly high and private capital drying up, reliance could be using the opportunity to snap up some brands for cheap.

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