The Government of India has announced new guidelines for Direct-to-Home Services (DTH) in the country, as well as updated licensing rules for DTH operators. The big changes in the new guidelines issued by the Ministry of Information and Broadcasting include those for the license term, infrastructure exchange, and foreign direct …
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MUMBAI: Amazon Prime Video, Amazon Inc’s OTT streaming service, just dipped its little finger into the waters of global cricket and is already creating a wave of sorts. Prime has won the rights of India for all Cricket in New Zealand through the 2025-26 season, including the New Zealand tour …
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MUMBAI: Indian conglomerate Reliance dismissed Amazon’s push to delay acquisition of national retail giant Future group, despite an arbitration panel suspending the deal after objections from the US online titan. The dispute is the latest development in a protracted battle for dominance in India between Reliance, owned by Asia’s richest …
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BENGALURU: Electronic commerce Businesses are expected to post a nearly 50% increase in gross sales to $ 4 billion this Diwali, a two-year high, during the five-day sales events of Flipkart, Amazon India and others, according to the latest estimates from market research firm Redseer. With Covid-19 accelerating digital adoption …
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NEW YORK: The owner of Tik Tok has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal who was not authorized to speak publicly about it. Microsoft announced on Sunday that its offer for TikTok was rejected, …
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Mukesh Ambani (AFP) MUMBAI / NEW DELHI: Reliance Industries Ltd (RIL), controlled by Mukesh Ambani, has offered a significant stake in its local retail unit to Directed by Jeff Bezos Amazon.com, a deal, if it goes through, would make the two billionaires and business rivals strategic partners in one of …
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NEW DELHI / MUMBAI: Ten days after it bought a majority stake in online pharmacy retailer Netmeds, Reliance Industries Ltd (RIL) said on Saturday it had sealed a deal to acquire the Future Group’s retail business, which was in trouble for 24,713 million rupees. The transaction, which has been in …
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