RELIANCE INDUSTRIES LIMITED LIKELY TO ACQUIRE MILKBASKET AND URBAN LADDER

Highlights

• As per the reports, Reliance will take over Urban Ladder for a sum of $30 million

• Reportedly Urban Ladder was previously in talks with Flipkart and FabIndia for a potential sale

• Reliance is looking to strengthen its JioMart by taking over Milkbasket as it will help in the delivery of milk, bread and eggs

According to a recent report, India’s most valuable company Rel....