
Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees (US$83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.


Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees (US$83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.