Reliance spends  billion on acquisitions in 5 years, give attention to power and know-how, ETCFO

Reliance spends $13 billion on acquisitions in 5 years, give attention to power and know-how, ETCFO

Final week, RIL acquired Karkinos Healthcare for Rs 375 crore, strengthening its presence within the diagnostic and digital healthcare sectors. Over the previous 5 years, billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) spent $13 billion on acquisitions, marking a strategic shift from its conventional oil and petrochemicals enterprise in direction of clear power and consumer-focused…

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