Reliance Wellness launched by Reliance Retail
Retail Segment October 26th, 2007
Reliance Wellness launched by Reliance Retail
Reliance Retail has launched their latest branded retail stores named Reliance Wellness.
The first of these stores has been opened in Hyderabad. And it would be a subsidiary of the parent company Reliance Industries.
Reliance Retail said in a statement that they are aiming to open 1,200 health and well-being product stores in 51 cities over the next three years.
Ninu Khanna, president & CEO (FMCG & wellness division), Reliance Retail added: “We are targeting the country’s Rs 38,400 crore health and medical products market and the Rs 16,000 crore personal care and beauty care products market through this new retail venture.”
Other branded stores opened by Reliance Retail are: Reliance Digital, Reliance Mart, Reliance Trends and Reliance Fresh.
Popularity: 20%
Tags: Reliance, Reliance Digital, Reliance Fresh, Reliance Industries, Reliance Mart, Reliance Retail, Reliance Trends, Reliance Wellness
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Mukesh’e men caught in a sting op by ADA sleuths
MUMBAI, October 28: In a sensational sting operation that can be described as a Corporate Tehalka, sleuths from Anil Dhirubhai Ambani Group (ADAG) have trapped many people from the Mukesh Ambani camp (also notorious as the MDA Men Maker-IV) into admitting the sinister games being planned and executed to undermine the ADGA interests.
The MDA Blogsters have admitted to the fact that they are on this “Operation Switch off” to derail the IPO process of Reliance Power promoted by Anil.
“We have the tape-recorded conversations with the MDA agents and we shall release them to the media nationally,” said a source in the know of the development.
ADAG sleuths have cleverly used their network and intelligence to trap the MDA agents in many places in Mumbai, cajoled them into a free-wheeling conversation and tape-recorded it.
Couple of them even went to the extent of admitting that “this man Mukesh is not willing to listen to any logic or argument. He just wants us to keep attacking ADA on a daily basis with under some pretext of the other”.
one of them even said: “Hum log bahut pareshan hain, saab ji. Hum ko pataa nahin hum kya Karen. Hame kaun bachayega, babuji?,”
This clearly indicates that the MDA Men at Maker-IV are sick and tired of the pressure under which they work.
The conversations with five different people run into some three hours of recorded tapes.
The details of the ‘Operation Switch Off’ will emerge once the tapes are transcribed and the texts released to the media.
ADAG is all set to release the tapes in a day or two and drop a bombshell on Maker-IV.