Reliance Industries Ltd.

Reliance Industries’ subsidiary -- Reliance Retail is in talks to acquire a controlling stake in iconic UK-based toymaker Hamleys, in order to expand its global footprint in the retail category. Hamleys is currently owned by a Chinese fashion conglomerate C Banner International. The acquisition could be in the range of Rs 250-350 crore.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.