Mukesh Ambani

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 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...

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'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...

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 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...

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...

Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani said group companies Reliance Retail and Reliance Jio Infocomm would jointly launch a new e-commerce platform in the country.Speaking at the Vibrant Gujarat Summit, Ambani revealed that Gujarat would be...

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

With $22.7 billion (Rs 151,477 crore) net worth, Reliance Industries Chairman Mukesh Ambani is the richest Indian for the ninth consecutive year, American business magazine Forbes India said on Thursday. Ambani, 59, who retains the top spot in the annual...