While younger brother Anil Ambani continues to cry out on the RNRLRIL gas deal issue, big bro Mukesh is busy in powering his mega retail venture. Reliance is all set to turn things upside down in the Indian retail sector with the Herculean size of its investments. At the moment, Reliance Retail is close to swallowing Delhi’s moribund Super Bazaar. It submitted a Rs.2.88 billion revival package for Super Bazaar; well above the Rs.700 million bid made by the Indian Labour Cooperative Society along with Indian Potash Limited. The bid is in the pipeline pending a court decision.
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Source:- IIPM Editorial
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