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India’s richest man Mukesh Ambani owned Reliance Industries acquires Hamleys

India’s richest man Mukesh Ambani’s firm Reliance Industries (RIL) acquired the British toy retailer Hamleys. RIL which runs the world’s biggest single-location crude oil refinery in western India is transforming itself into a consumer retail chain and telecom company. Through its Reliance Brands subsidiary, the company signed an agreement to buy Hamleys from Hong Kong-listed […]