Reliance in final talks to acquire nearly 30 niche brands to build consumer goods empire
Mumbai, 15/5:India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own Rs 50,000 crore ($6.5 billion) consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. Reliance, run by billionaire Mukesh Ambani, plans to build a portfolio of…
