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Reliance Retail to Open Outlet in Salem

Mukesh Ambani-led Reliance Industries Limited’s (RIL) retail arm, Reliance Retail, plans to enter into the cash-and-carry business by opening at least three outlets in the next six to eight months, a source said. In early 2009, the company had jettisoned plans to enter into the wholesale trading business, citing the adverse market conditions as its […]