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Mukesh Ambani

Bezos's India visit crucial as e-commerce space gets fierce

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...

Amazon India rides on Future Group to face Reliance's JioMart

Alarmed at Reliance Industries Ltd's e-commerce push in 2020 with online retail arm JioMart that will deliver groceries and other household essentials, Amazon India and the Kishore Biyani-led Future Retail Ltd (FRL), part of the Future Group, on Monday...

Reliance’s online grocery store JioMart to take on Grofers, Bigbasket

Reliance Industries, India’s biggest company by market value, has started its web portal JioMart, harnessing the might of its two largest consumer-facing businesses to announce its entry into online food and grocery shopping by early next year, as per reports in leading...

Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans

With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments - coupled with the...

Reliance Retail aims to be amongst world’s top 20 retailers in next 5 years

Reliance Retail aims to be among the world’s top 20 retailers over the next five years, Chairman and Managing Director Mukesh Ambani said at the 42nd annual general meeting in Mumbai."Today, Reliance Retail is the only Indian retailer to...

RIL’s ‘new commerce’ to digitally connect kirana stores

Reliance Industries (RIL) Chairman Mukesh Ambani on Monday said the company's retail arm will soon unveil Reliance New Commerce, an initiative to digitally connect kirana stores across the country.Speaking to shareholders at RIL's 42nd Annual General Meeting, Ambani said...

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report has stressed.According to the...

Reliance’s e-commerce dream to swallow everyone out there

When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything.As part of its initial offers, the company started giving cashback to attract customers.According to Pavel Naiya, Senior Analyst,...

Flipkart CEO Kalyan Krishnamurthy denies exit

Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on a new CEO is likely in June during the Walmart shareholders' meeting.In a statement to Inc42, Krishnamurthy said reports making the rounds...

Reliance buys additional stake in Future101, Genesis Colors

Billionaire Mukesh Ambani-led Reliance Industries has raised its stake in luxury apparel firms Future101 Design and Genesis Colors to strengthen its foothold in retail industry.Reliance Brands Ltd (RBL), a unit of RIL, "has acquired a further stake of 2.5...
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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...
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