Hotline: 1800 102 2007
Hotline: 1800 102 2007
Sep, 07 2010

Reliance Securities to take franchise count to 10,000

Reliance Securities (R-Sec), the retail broking subsidiary of Anil Ambani’s Reliance Capital (R-Cap), is planning to boost its franchisees count to 10,000 in the next 18 months.

Reliance Securities to take franchise count to 10,000

Reliance Securities (R-Sec), the retail broking subsidiary of Anil Ambani’s Reliance Capital (R-Cap), is planning to boost its franchisees count to 10,000 in the next 18 months. The company is also set to increase its number of employees to 1,400 from the present 800.

In order to tap the opportunities of the capital market, the company plans to increase its own Reliance Securities (R-Sec) branches to 160.

However, most of the new franchisees that the company plans to add require no prior experience in the broking business, and is looking for functional specialisation.

Bullish primary and secondary markets and increased participation from retail customers have spurred R-Sec's hiring drive. R-Cap posted a net profit of Rs 77.67 crore during the first three months of this fiscal year.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Beauty Salons
    About Us: Cut & style is one of the finest and..
    Locations looking for expansion New Delhi
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater DELHI New Delhi
  • Opticians/Eye Wear
    About Us: Lenskart looking for franchisees, a lifetime business opportunity for..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • About Us: "Earn Big Profit With Us in Healthcare Business &..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • WE ARE ONLY LOOKING FOR INVESTORS HAVING THEIR OWN SPACE..
    Locations looking for expansion Maharashtra
    Establishment year 1991
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities