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Article: ADAG embarks on global expansion for Reliance Money.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- April 7, 2008
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ADAG embarks on global expansion for Reliance Money
New Delhi, Apr 7 (PTI) Seeking to complement its domestic target of doubling its presence to 20,000 outlets this year, Anil Ambani group's Reliance Money has drawn out an aggressive expansion plan for the overseas market to set shop in about half a dozen locations by the end the current fiscal.
"We will be setting up offices in six-seven strategic locations around the world in 2008-09," Reliance Money CEO Sudip Bandyopadhyay told PTI.
The brokerage and financial products distribution firm, which is part of ADAG's Reliance Capital, has identified locations like Kuwait, Bahrain and Doha in the ...