The ongoing digital transformation of corner kirana stores, tens of millions of stores serving 1.3 billion consumers, will be of great importance to everyone from Unilever NV and Procter & Gamble Co. to State Bank of India, the largest. country lender. It will also be important to Amazon.com Inc. boss …
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The Delhi High Court rejected Future Retail Ltd.’s request that Amazon.com Inc. should be prevented from writing to legal authorities. Statutory authorities and regulators must decide in accordance with the law, the higher court said. Future Retail, led by Kishore Biyani, had approached the court to direct the US online …
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The Delhi High Court refused on Monday to grant Kishore Biyani’s petition led Future Retail Ltd (FRL) for an interim injunction preventing Amazon from writing to SEBI, CCI and other authorities about the arbitration order against the asset sale. The court had reserved its verdict for today November 20. On …
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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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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 …
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Reliance Industries Ltd., owned by Indian billionaire Mukesh Ambani, is offering to sell an approximately $ 20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held investment talks in the conglomerate’s Reliance Retail Ventures Ltd. unit and has …
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It has been one of the most lucrative weeks in history for some of the richest people in the world. The net worth of Amazon.com Inc. founder Jeff Bezos exceeded an unfathomable $ 200 billion. Entrepreneur, inventor and provocateur Elon Musk added the title of centibillionaire when his fortune surpassed …
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