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Booming Alliance: Reliance Retail Is Valued $62 Billion After $1.3 Billion Investment From PIF

A king at the helm, the expansion of whose kingdom never seems to cease. And when alliances are forged to the end of market domination, it really decks up the scenario in gold. Reliance Retail’s roadmap seems to be consistent with...

Reliance Retail Posts Pandemic-Proof Revenue in FY Q2 2021

The latest financial report card for Mukesh Ambani’s Reliance Retail is out, and it turns out his retail empire is pandemic-proof! How? Well, the consolidated revenue of Reliance Retail in fiscal Q2 2021 stood at ₹41,100 crores ($ 5.6 billion),...

Jio Pages: The Indian Browser Reliance Is Betting On Now!

Looks like Reliance wants to establish Jio as a synonym of technology. After launching a fleet of Jio products in the last one year, Now Reliance has set its eyes on the browser market with JioPages. Reliance Jio Infocomm (JIO)...

Amazon Makes Festive Season More Exciting With ₹7 Billion Investment in Amazon Pay

It seems as if Amazon is planning to pull out all stops to light up this festive season. In a move looking to sparkle up the festivities, assured of opportunities replete after a slumber, Amazon.com Inc has invested 7 billion...

Amazon’s Latest Move Could Put Reliance-Future Group Deal In Jeopardy

It seems like Amazon is not at all happy with the Reliance-Future Group deal! The e-commerce giant recently sent a legal notice to the promoters of its Indian retail partner Future Group for entering into the $3.4 billion sale agreement...

Facebook-Jio Deal: Pact for Limited Data Sharing Or Route For Repeat Offence?

Shades of Deja-vu? Seen this situation unfold before? Anybody can be forgiven for asking twice, but are we really buying Facebook’s limited data sharing claims, again? The much-celebrated Reliance Jio-Facebook deal is creating waves, still. Upon being questioned as to the...

Windfall! Online Grocery Market In India Looks Set For Purple Patch Ahead

Silver linings are clearly in short supply in the pandemic fuelled world that we have come to know. In a rare exception, one can safely use the term for the online food and grocery market, which borne of this...

After Jio, Reliance Retail Bags Rs. 7,500 Crores As Investment From Silver Lake!

Reliance Industries Limited, aka RIL, is revving up its engine to begin another stake selling spree, but this time for its retail arm Reliance Retail Ventures Limited which operates JioMart. Silver Lake Partners, one of the first US private equity...

RIL May Acquire Urban Ladder And MilkBasket: Revving Up Its E-Commerce Gameplan!

Mukesh Ambani’s master plan to position Reliance Industries aka RIL as the top dog in Indian e-commerce is slowly starting to unfurl.  To strengthen its digital offerings, RIL is now aiming to acquire two of the most prominent startups in...

Net Worth Of Mukesh Ambani Is Now Higher Than Warren Buffett, Larry Page And Elon Musk!

Guess who just happened to overtake the net worth of Warren Buffet, Elon Musk, Alphabet Inc Co-Founders Sergey Brin and Larry Page? It’s none other than India’s richest man Mukesh Ambani who is Chairman of Reliance Industries aka RIL. According...
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India Leads in Generative AI Adoption: Nearly 90% of Students and Employees Actively Engaged

Generative Artificial Intelligence (GenAI) has captured global attention with the emergence of groundbreaking tools like ChatGPT, Gemini, Midjourney, and...
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