Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
Cement, retail, pharmaceuticals and quick commerce were the sectors that witnessed multi-crore deals as players sought to enhance their respective positions in the industry. Get more Economy & Infra News and Business News on Zee Business.
NEW DELHI, Dec 30: As India remained a bright spot in an otherwise gloomy global economic scenario, the country’s corporate sector showed a good appetite for acquisitions in 2022, a year which also saw the downfall of some of its prominent leaders. Cement, retail, pharmaceuticals and quick commerce were the sectors that witnessed multi-crore deals as players sought to enhance their respective positions in the industry. India Inc also lost two of its leaders — former Tata Sons chairman Cyrus […]