Anil Ambani, Kotak plan to up commodity bourses

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New Delhi, Apr 3, 2008 : The Reliance Anil Ambani group will enter the commodity trading business by setting up a large exchange in the country as a part of its plans to capitalise on the vast opportunities in this market.

Besides R-Adag, another corporate giant Kotak group is also mulling over setting up a commodity bourse through acquisition of a regional exchange to get the platform and other technical support.

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