The Reliance Anil Ambani group is believed to have decided to enter the commodity trading business by setting up a large exchange in the country as part of its plans to capitalize on the vast opportunities in this market.
Besides Anil Ambani, another corporate giant Kotak Group is also thinking over setting up a Commodity Bourse by acquisition of some regional exchange to get the platform and other technical support, sources close to the development said.
Keywords: Reliance, Anil Ambani, Kotak Group, Kotak Bank, Kotak Securities
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