From Indiatimes.com: Financial services major Religare Enterprises Ltd (REL) said that Religare Commodities Ltd, the commodity broking arm of Religare Enterprises Ltd, is now a wholly-owned subsidiary of Religare Securities Ltd.
This move will help bring together the company’s commodities and equity broking businesses under one roof as it continues to further build on its leadership position in the broking business………………………………………..Full Article: Source

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