This episode of Two by Two was first published on 22 May 2025.

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Reliance Retail is a behemoth that sells everything—from the recently revived Campa Cola to luxury jackets. And the more than 19,300 stores across its verticals makes it the largest retailer in the country. But Reliance Retail seems to have run the race a bit too fast, and is now plagued by its very efforts to dominate every market it enters.

In episode 43 of Two by Two, hosts Rohin Dharmakumar and Praveen Gopal Krishnan discuss how Reliance Retail’s size may be turning out to be its biggest challenge with deputy editor Seetharaman G, who leads The Ken’s coverage on retail.

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Additional reading:

Why Reliance Retail will be stock-market pundit’s most perplexing company? – https://the-ken.com/story/no-ipo-talk-at-agm-yet-reliance-retail-will-be-stock-pundits-biggest-puzzle/

Reliance Retail comes back to earth – https://the-ken.com/tradetricks/reliance-retail-comes-back-to-earth/

The curious entry of Jio Financial Services into the Nifty 50 – https://the-ken.com/long_and_short/the-curious-entry-of-jio-financial-services-into-the-nifty-50/

Additional listening:

Dmart versus the challengers at the gate – https://the-ken.com/podcasts/two-by-two/dmart-versus-the-challengers-at-the-gate/

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This episode of Two by Two was produced by Hari Krishna. Rajiv CN, our resident sound engineer, mixed and mastered this episode.

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