Retail
Alibaba in talks with Reliance Retail for e-commerce JV: report
20 Aug 2018
A stake in Reliance Retail will give Alibaba an edge over Walmart and Amazon as foreign entities are not allowed to hold inventory in India and can only operate as marketplaces
Amazon’s real rival in India in the offing
16 Aug 2018
Once the draft e-commerce policy becomes law, the oil-to-telecom tycoon, who is India’s richest man, is likely to emerge as the most formidable challenger to the wealthiest person in the world, Jeff Bezos
Ikea opens first Indian store in Hyderabad
10 Aug 2018
Flipkart-Walmart deal gets regulatory approval
09 Aug 2018
While the Flipkart-Walmart alliance aims to fend off competition from e-commerce giant Amazon, the US retail giant announced plans to hire 1,000 professionals and also projected creation of 30,000 direct and indirect jobs through new cash-and-carry shops
SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal
07 Aug 2018
SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart