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The Power Of Many
Business Today
|June 03, 2018
Reliance retail’s multi-platform business touches a record high.
At a time when India is set to witness a pitched battle among global retail giants – Walmart, Amazon and Alibaba – with many homegrown businesses looking to get acquired by them, Mukesh Ambani-led Reliance Retail seems to be the only Indian company that can withstand the onslaught. In 2017/18, the company clocked a revenue of $10.6 billion (₹70,000 crore) while its PBDIT grew 114.5 per cent from ₹ 1,179 crore to
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