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Reliance Industries can now have a big deal with these two companies, negotiations are going on

The India Print 2020-08-17 21:34:09

Even in the midst of the Corona epidemic , if an industry is making rapid profits, it is Reliance Industries . Let me tell you, Reliance has partnered with 8 big companies to grow their business  more quickly. Meanwhile, there is a big news now that Reliance is planning  to buy online furniture brand Urban Ladder and milk delivery platform MilkBasket soon  . This information has been revealed in a report of Times of India. 

Reliance is joining hands with new ventures to grow its business rapidly  . According to Janakari, Reliance is in talks to partner with not only these companies but also  big companies like online e-pharmacy startup Netmeds and online lodgement retailer Jivami. However, so far  no information has been revealed by Reliance Industries. Also, there is a rumor that Reliance  will also partner in Kishore Biyani  's Future Retail . 

According to sources, the negotiations with Reliance on the deal with the Urban Ladder have now reached the final stage. However, the deal has not yet been officially decided, but discussions are underway. According to sources, this deal  can be settled for around $ 30 million or about Rs 225 crore. According to the Times of India report in March, BigBasket was also going to deal with MilkBasket like Reliance but this deal could not go ahead. Let us know that MilkBasket sells all the ingredients of milk  and   this business is going very well during this corona epidemic. Let me tell you that many comments have not been received on these news from Reliance so far. At the same time, Reliance has categorically refused to comment on any of the media's prior comments, saying that 'we  No one will comment, along with any big deal will be reported to the stock exchange first.