Amazon And Walmart Wary Of Mukesh Ambani’s Feisty E-Commerce Entry — And Penchant For Market Dominance

Mukesh Ambani is eyeing stakes in a host of Indian e-retailers to bolster Reliance’s retail offerings. A number of deals are in the works which, if successful, could help the company compete head-on in a fast-growing online retail market projected to be worth an estimated $170 billion by the end of the next decade.

Catastrophe for Indian Telecom Sector: Vodafone contemplates shutting shop

Vodafone Group’s Indian venture may be headed for liquidation unless the government eases off on demands for mobile spectrum fees, the company’s CEO Nick Read said.