Reliance Industries Ltd.

Reliance Industries is all set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs 4,060 crore). The deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry. This is going to help Reliance Retail, the country's largest retailer, expand its presence in the B2B segment.

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.