Reliance Retail loses 5 executives to Subhiksha

The Economic Times reports that soon after the leaving of Rajeev Karwal, Reliance Retail has lost five middle and senior level executives to food and grocery chain Subhiksha. According to R Subramaniam, MD of Subhiksha, the new entrants from Reliance Retail have “joined at assistant vice-president and vice-president levels at Subhiksha” and were performing similar duties at the company.