30.09.2009 - ADAG chalks out plan to grow exchange business
From Business-standard.com: Gears up to launch stock, commodity futures in three years. The Anil Dhirubai Ambani Group (ADAG) has started work on entering the stock and commodity exchange business. While it has made a quiet entry into the space through a soft launch of steel trading on the Reliance Spot Exchange, a business plan is being prepared for the launch of a stock exchange, according to Rajnikant Patel, president and chief executive of Reliance Exchange Next, a wholly-owned subsidiary of Reliance Capital for its exchange business.....................Full Article: Source
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