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Reliance Industries’ arm plans to tie up with online marketplaces to sell Lyf 4G handsets: Report

10 May 2016 Evaluate

Reliance Industries’ retail subsidiary Reliance Retail (RRL) is reportedly planning to tie up with online marketplaces like Flipkart and Snapdeal to sell the group's Lyf-branded 4G handsets. The company is focusing on online sales to appeal the younger consumers, who are increasingly buying smartphones online.

Reliance Industries has businesses across India, engaged in energy, petrochemicals, textiles, natural resources, retail and telecommunications.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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