New Delhi: Amazon.com Inc has asked the Indian market regulator to investigate Future Retail Ltd for insider trading, it showed a letter accessed by Reuters as it seeks to prevent its business partner from becoming part of the empire of his rival Reliance. The US giant has been lobbying the …
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As India hits the peak of its biggest shopping season, the Diwali festival this week, the mogul’s retail websites, including JioMart, elbow their way into a space long dominated by Amazon.com Inc. and the local Walmart Inc. unit Flipkart Online Services Pvt. Increasing competition, Ambani portals offer discounts of up …
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Silicon Valley leaders and global technology CEOs took to social media to congratulate President-Elect Joe Biden and Vice President-Elect Kamala Harris on their election victories. Biden, who will become the 46th president of the United States of America, and Kamala Harris, of Indian descent, have already updated their Twitter profiles …
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Anushka Sharma is expecting her first child with IPL Royal Challengers Bangalore team captain Virat Kohli and the couple recently shared some adored photos from the recent celebration of the cricketers’ birthday in Dubai. Although Kohli’s team lost the game to Sunrisers Hyderabad on Friday night, like most RCB games …
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One day after the Andhra Pradesh state cabinet led by Chief Minister YS Jagan Mohan Reddy announced approval for the creation of a data center integrated by the Adani group at a cost of Rs 14,630 crore, Telangana also made a major announcement. Amazon group data center configuration with an …
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BENGALURU (Reuters) – Indian online grocery startup BigBasket is in advanced talks to sell a majority stake for about $ 1 billion to salt-to-software conglomerate Tata Group. reported the Economic Times on Wednesday, citing three sources familiar with the matter. The centennial group has been planning to launch a “super …
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India’s Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singaporean arbitrator while arguing against Amazon.com Inc’s offer to spoil the deal, showed an order legal seen by Reuters. Amazon won a court order from a Singaporean …
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The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
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Mukesh Ambani is exploring a countersuit against Jeff Bezos’ Amazon.com Inc. in India after the US e-commerce giant blocked Reliance Industries Ltd’s (RIL) bid to buy Future group assets in a Singapore court, while Asia’s richest man takes on the world’s richest man for supremacy in India’s retail market, said …
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Shares of Future Group companies had risen sharply shortly after Reliance Retail Ventures Ltd (RRVL) said it will acquire the former’s retail and wholesale and logistics and warehousing businesses in late August. RRVL is a subsidiary of Reliance Industries Ltd (RIL). High leverage and the impact of the covid-19 pandemic …
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