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Industry Keyword: Reliance

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How Amazon’s battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to the US firm's rival Reliance Industries...

Paytm eyes an IPO by end of October, hopes to break even in 18 months

Indian digital payments firm Paytm expects to launch its IPO at around the end of October, pending regulatory approvals, a source familiar with the matter have said. Paytm, which has filed for a 166 billion...

Google expands Jio partnership with Indian smartphone, cloud tie-ups

Google deepened its partnership with Reliance Jio with an "ultra-affordable" smartphone which could connect hundreds of millions of customers to high-speed mobile data and a cloud tie-up to boost the Indian telecoms firm's 5G...

Flipkart in early talks for US listing via SPAC deal

India's Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, people familiar with the matter said. The talks...

Reliance Jio splashes out $8 billion in Indian airwaves auction

Reliance Jio Infocomm, the telecoms company backed by Indian billionaire Mukesh Ambani and platform giants Facebook and Google, won airwaves worth about $8 billion in a $10.6 billion spectrum auction that closed yesterday. Jio picked...

Reliance to embed e-commerce app into WhatsApp within six months: Mint

Reliance Industries plans to market its e commerce app JioMart into WhatsApp within six months, financial website Mint has reported, as the Indian conglomerate looks to ramp up its retail and grocery company in...

Bezos and Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a struggle for pre-eminence in India's flourishing, nearly trillion-dollar retail market. The results of a legal dispute that has...

London Stock Exchange in talks with Indian tech firms to list overseas

The London Stock Exchange is in discussions with several Indian technology companies for their overseas stock listings, a senior executive for the British exchange told journalists, as New Delhi moves closer to allowing companies...

Hacker group is running rampant across the Middle East

Saudi diplomats, Sikh separatists and Indian company executives are among those targeted by a group of hired hackers, according to research published by BlackBerry Corp. The analysis on the team, known publicly as Bahamut, the...

Amazon sends legal notice to Future Group over Reliance deal

Amazon.com has said it has sent a legal notice to a promoter of Future Group, alleging the Indian merchant breached the provisions of its contract by signing a deal with Reliance Industries. The online retail...

Google backs Reliance’s Jio Platforms with $4.5 billion India investment

Google will buy a 7.7% stake for $4.5 billion in Jio Platforms, taking a seat on its board alongside another big name backer Facebook to help the digital arm of Reliance Industries realise its...

Netflix said to be in talks to source Indian content from Viacom18

Video streaming titan Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, in a move that would expand the relationship. KEY...