Reliance spends $13 bn on acquisitions in five years

Reliance Industries Ltd, led by Mukesh Ambani, has invested USD 13 billion in acquisitions over the past five years, focusing on new energy, telecom, retail, and media. Recently, it bought Karkinos Healthcare for Rs 375 crore, enhancing its healthcare and diagnostic ecosystem, aligned with its shift from petrochemicals to consumer-facing verticals.