Reliance Brands picks 12.5% stake in a luxury apparel firm
Reliance Industries said, "Reliance Brands, a subsidiary of the company, has purchased 12.5 per cent equity stake in Future101 Design Pvt Ltd (Future101) for Rs 9.50 crore".
Future101 reported an annual turnover of Rs 22.18 crore in 2017-18. Image source: Reuters