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Low-end offerings and ‘specialist’ brands are putting the squeeze on the toothpaste giant. What doesn’t help is its laggy response to market trends.

Mukesh Ambani wants investors to price Reliance Industries’ IPO-bound telecom arm like a technology business. In reality, Jio’s tech ambitions remain a work in progress.
The watchmaker dominates the mass segment, but its relevance lies in going upmarket.
While the filing for an IPO by its telecom and digital business was the highlight, Reliance laid out plans for its new energy and retail businesses, setting them up for eventual listings.