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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Tata Group, the Indian conglomerate that sells almost everything from cars to clothing to steel, is looking to buy Indian retailers online to bolster its e-commerce presence, people familiar with the matter said. The group has reached out to IndiaMart InterMesh Ltd., a business-to-business marketplace, for a possible stake purchase, …
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MUMBAI : Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the race to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise stores in other countries, Sky News reported Wednesday. “The Reliance Retail empire, which last year bought world-famous British …
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(File photo) BENGALURU: Dependency industries Ltd said on Wednesday US private equity firm Silver Lake Partners It would buy a 1.75% stake in its retail arm for 7.5 billion rupees ($ 1.02 billion) as the Indian conglomerate strengthens its retail presence in the country. Trust, controlled by the richest man …
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[ad_1] RIL’s plan to reduce net debt at the end of this fiscal year and its subsequent action toward that goal have lured investors into action. Reliance Industries raised the stock price on Thursday afternoon, rising more than 2%, while the leading Sensex index traded primarily in the red, even …
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[ad_1] Within three days of signing a trade pact with WhatsApp owned by Facebook, Reliance Retail, owned by Mukesh Ambani, launched on WhatsApp in the Navi Mumbai, Thane and Kalyan areas in Mumbai, Livemint. By launching on WhatsApp, Reliance Retail’s e-commerce company JioMart has gained direct access and reach to …
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[ad_1] Three days after Reliance Retail signed a trade pact with Facebook’s WhatsApp to expand the reach of its online business JioMart, the retailer launched in the suburban areas of Mumbai, Navi Mumbai, Thane and Kalyan. Reliance’s link to WhatsApp means you gain direct access to the WhatsApp user base …
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