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Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

India's Reliance Industries Ltd has approached investors in its digital business about potentially buying stakes in its retail arm, two ......

Amazon's new offerings make India centre of fintech push

TMT

02 September, 2020

Amazon's new offerings make India centre of fintech push

Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer ......

Amazon faces new antitrust challenge from Indian online sellers

TMT

26 August, 2020

Amazon faces new antitrust challenge from Indian online sellers

A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. ......

Reliance Retail acquires majority stake in e-pharmacy Netmeds

TMT

19 August, 2020

Reliance Retail acquires majority stake in e-pharmacy Netmeds

Reliance Industries Ltd’s retail unit has purchased a majority stake in online pharmacy Netmeds for Rs 620 crore ($83 million) ......

Amazon starts e-pharmacy in India as online drug sales grow

TMT

14 August, 2020

Amazon starts e-pharmacy in India as online drug sales grow

Amazon.com Inc on Friday launched an online pharmacy in India to serve the city of Bengaluru, the latest move by ......

US tech giants plan pushback against India's data-curb plan

TMT

10 August, 2020

US tech giants plan pushback against India's data-curb plan

India's plan to regulate "non-personal" data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them ......

Amazon in talks to buy 9.9% stake in Reliance Retail: Report

Consumer

23 July, 2020

Amazon in talks to buy 9.9% stake in Reliance Retail: Report

Amazon.com Inc is in talks to buy a 9.9% stake in the retail arm of Indian conglomerate Reliance Industries Ltd, ......

Walmart brings Best Price B2B retail chain under Flipkart

TMT

23 July, 2020

Walmart brings Best Price B2B retail chain under Flipkart

Online retailer Flipkart has taken over the local cash-and-carry business of parent Walmart Inc., as it looks to better compete ......

Reliance emerging as bigger threat for Amazon, Walmart

TMT

16 July, 2020

Reliance emerging as bigger threat for Amazon, Walmart

A $20 billion fund raising spree may take India's Reliance closer to its dream of becoming a digital giant, further ......

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

TMT

14 July, 2020

Flipkart gets $1.2 bn from Walmart, others; valuation jumps 20%

Online retailer Flipkart said on Tuesday it is raising $1.2 billion (Rs 9,048 crore) in a funding round led by ......