Nita Ambani, wife of Mukesh Ambani, Chairman of RIL and Reliance Retail will be the (more…)
Month: August 2006
Reliance Retail to be Wal-Mart of India ?
Rising fuel prices and real estate costs in India has not dithered the ambitions of Reliance group chairman Mukesh Ambani. Unable to withstand local competition, Wal-Mart recently pulled out of Germany. Wal-Mart is still studying the viablity of retailing in India.
Reliance started its Retail venture by opting to manage a chain of retail stores (more…)