Friday, September 28, 2007

Reliance Money to quadruple its kiosks!

Anil Reliance Money to quadruple its kiosks!Ambani owned Reliance Money is making all possible efforts to take the count of its web-enabled trading kiosks from the present 2,500 to 10,000 by March 2008. The company has joined hands with coffee chain Barista for setting up 100 stalls at its outlets across the country. Reliance Money provides a trading stand for carrying on deals in stocks, commodities trading, insurance, mutual fund, and other products. The company will also put up an institutional desk to transact with foreign institutional investors. Reliance Money, a relatively new entrant in the market, already has a turnover of close to Rs.6 billion.

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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3 comments:

Unknown said...

Reliance money is reaching customers with new
institutions, Coffee chains, trading stand of stocks, insurance,
mutual fund, etc.

vkri said...

Customers feel happy for having shares of Reliance money.
Share value increases constantly. Everyone wants to buy & sell share.

vkri said...

Reliance and Barista tie-up quiet an interesting strategy. First it was McDonald's and now Barista. They are trying to make in-roads in the market in every manner they can.