Mukesh Ambani

$150bn e-commerce market: Potent mix of retail, telecom, digital media to put Reliance at top

In a new report, Bernstein Research said India is evolving into a three-player market with Amazon, Walmart and Reliance New Delhi: Billionaire Mukesh Ambani's Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead of Amazon and...

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressures New Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

Soft drinks to soaps: Reliance unveils big price war plan

Reliance has entered the personal and home care segment of FMCG, offering products at 30 to 35 per cent lesser price New Delhi: After stirring a price war in the soft drink segment with the relaunch of Campa, billionaire Mukesh Ambani-led...

Reliance to invest Rs 75,000 crore in UP in 4 yrs: Ambani

Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony services, expanding retail network and setting up renewable energy capacity in UP Lucknow: Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony...

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptance New Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

E-commerce firms bypassing foreign investment norms: Reliance to Govt

Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At...

Delhi HC upholds Singapore arbitrator’s order against Future-Reliance deal

The Delhi High Court Thursday upheld the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon, as per...

SC sends notice to Future Retail Ltd on Amazon plea against HC order

The Supreme Court Monday sought responses from Future Retail Ltd (FRL) and others on Amazon's plea against the Delhi High Court direction to maintain status quo on the Future-Reliance deal. The apex court said the proceedings before the National Company Law Tribunal (NCLT) will...

Future-Amazon tussle reaches Supreme Court, FRL says ‘will defend the matter’

Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Group's proposed Rs 24,713 crore-deal with Reliance Industries. In a filing to stock exchanges, Kishore Biyani-led Future Retail Ltd has said that it "shall defend the matter/proceedings through its...

Make in India is going to go global at massive scale: Amazon India head

E-commerce will play an important role in the government's vision of 'Atmanirbhar Bharat' (self-reliant India) as more homegrown brands scale up and go global, leveraging digital infrastructure, a top Amazon India executive said on Wednesday. Amit Agarwal, global senior vice president and...
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Marie Claire Salon opens new outlet in Bengaluru

The store is situated at Mantri Square Mall, Malleshwaram, Bengaluru Bengaluru: French salon chain Marie Claire Salon has launched its new...
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