Reliance Retail's revenues have hit $32 billion. This is 2.5 times the size of the next 3 retail giants combined. The company has been spreading its tentacles everywhere these past few years by buying net meds in the pharmacy space, acquiring urban ladder for furniture and clovea for laundry. Reliance made a big announcement that it wants 100% ownership of its shares.
In today’s episode for 12th July 2023, we explain why minority shareholders are unhappy with Reliance Retail.
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