Moneycontrol PRO

RIL’s foray into the e-pharmacy business is a step towards Virtual Health from home

Reliance Retail’s foray into pharma extends the scope of its e-commerce business and presages exploration of new growth areas such as telemedicine and diagnostics

August 19, 2020 / 09:00 PM IST
RIL’s foray into the e-pharmacy business is a step towards Virtual Health from home

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Close on the heels of Amazon India, which launched ‘Amazon Pharmacy’ a few days back in Bangalore, RIL Reliance Retail announced the acquisition of a majority stake in leading digital pharma market place ‘Netmeds’ through its retail subsidiary - Reliance Retail Ventures Limited (RRVL). These events are an indication of the disruption in store for Pharma distribution, which is also likely to lead to consolidation in the business. RIL’s presentation for the FY20 corporate results had already given investors...

  • PRO Panorama

    Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?

    May 20, 2022 / 04:41 PM IST

    In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | Losing faith

    May 7, 2022 / 10:05 AM IST

    Central banks have a trust problem with financial markets over their ability to steer economies towards a soft landing

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers