R S Sodhi to ‘advise’ Reliance to scale heights in retail business
After retiring from ‘Amul’, country’s largest dairy brand, its former Managing Director R S Sodhi will now advise Mukesh Ambani-led Reliance Group on developing its consumer business that has a focus on fresh products, including vegetables and fruits under the group’s subsidiary Reliance Consumer Products Limited (RCPL). Reliance Group did not respond to the queries […]
Amul asks top retail companies to ‘avoid’ deep discounting on its products
India’s largest dairy company Amul has written to leading offline and online retailers including Reliance Retail, Amazon, BigBasket and D’Mart, asking them to “avoid” deep discounting on its products for their B2C (business to consumer) businesses, in other words, what the retailers sell to consumers. This follows the recent controversy between fast moving consumer goods companies and […]
Reliance – Big Bazar deal may soon be closed at Rs 27000 Crores
Reliance group (RIL) has reached the final stages of negotiations to take over Big Bazar. As per the market reports the deal is likely to be structured around Rs 27000 Crores. This acquisition would create significant consolidation in India’s retail market. Kishore Biyani has been building his organised retail business since the late 1980s. In […]
