In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a ‘videshi vs swadeshi’ battle, corporate observers are raising questions. Eight absolutely unknown facts are emerging in the battle of Bezos vs Ambani. 1. Has Jeff Bezos of Amazon disclosed …
Read More »Reliance Offers Amazon $ 20 Billion Stake In Retail Arm: Report
Reliance Industries Ltd (RIL), the oil-to-telecommunications conglomerate led by Mukesh Ambani, is offering to sell roughly $ 20 billion in equity in its retail arm, Reliance Retail, to Amazon. BloombergQuint reported Thursday, citing Bloomberg News. Amazon has held discussions about investing in Reliance Retail and has expressed interest in negotiating …
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