Reliance is the only Indian company that possesses the resources to take Amazon head-on at its e-commerce game.
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.
Unresolved wage issues with worker’s unions now see HAL employees sitting on an indefinite strike, but the Government couldn’t care less.
Reliance Jio on Tuesday launched its Diwali 2019 offer, a special one-time deal under which the JioPhone will be available at Rs 699 as compared to its current price of Rs 1,500.
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…
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted Reliance Marine, a subsidiary of the Anil Ambani-led Reliance Naval and Engineering, under the insolvency and bankruptcy code (IBC) proceedings almost two years after the application was first filed, as per ET reports.
Chairman and Managing Director of Reliance Industries Ltd, Mukesh Ambani on Monday said that his company would make several announcements for Jammu & Kashmir and Ladakh region in the near future.
While addressing at the 42nd Annual General Meeting (Post-IPO) of Reliance Industries Limited (RIL) in Mumbai on August 12, Chairman and Managing Director of RIL, Mukesh Ambani said,
Reliance Industries is working towards empowering three crore merchants and kirana shop owners with its end-to-end digital and physical distribution stack new commerce, its Chairman Mukesh Ambani said on Monday.