Just what the doctor ordered: Reliance acquires Netmeds, as battle with Amazon gets intense null

Just as was widely expected, Reliance Industries Limited (RIL), through its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health and its subsidiaries (collectively known as ‘Netmeds’) for a deal worth Rs 620 crore.  This investment represents 60% holding in Vitalic and 100% direct equity ownership of its subsidiaries: […]