You could soon order ‘everything’ from Tata’s SuperApp; This mean Tata Group poised to take on Amazon and RIL.
Mukesh Ambani-led RIL’s new arm JioMart will take on Amazon and Flipkart but with a different warehousing-less strategy aided by a tech acquisition spree.
Mukesh Ambani-led Reliance has been on a tech investment spree with firms like Fynd and Asteria, and though it’s not out in the open, the pattern similar to Amazon’s investment approach suggests the Indian Mogul is gearing up to challenge Jeff Bezos’s monopoly in the e-commerce domain.
The Defence industry of India is a strategically important sector. Now many private players are also coming to this sector amid growing budget by government of India.
Brickwork has downgraded Reliance Capital‘s rating to BWR BB with negative implications for its long-term debt programme, market-linked debentures and subordinated debt. Brickwork said the action is primarily due to revision in timelines for divestments and deterioration in the standalone…
Reliance Group Chairman Anil Ambani on Tuesday said that the Group has cleared debt amounting to a staggering Rs 35,000 crore in the last 14 months.
ICRA downgrades Reliance Capital to A4 with negative implications Rating agency ICRA has revised its ratings for Anil Ambani-led Reliance Capital and its subsidiaries from A2 to A4 with negative implications. “The ratings continue to be on watch with negative…