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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Mukesh Ambani-run company begins taking over Future’s stores though the courts are yet to decide and a slowing economy does little to stem money supply.
Editor's note: Prince here. Suddenly, it looks like the long-running battle between Reliance Industries and Amazon over Future Retail may be coming to a conclusion. Earlier today, Amazon did very nearly raise a white flag in the Supreme Court. Was it because of what Reliance managed to pull over the last one week? Maybe. Something else caught our attention this week. No, not that the GDP is slowing down, but that despite a slower economy, cash in the hands of the public has seen a consistent rise. What explains that? Read on. Has RIL dealt Amazon a blow? It increasingly looks like Reliance Industries Ltd has pulled a fast one on Amazon in the fight over Future Retail Ltd. Over the last week, Reliance has taken control of over 200 stores that were run by FRL, even as the fight with Amazon to control the Kishore Biyani-owned company continues in the courts. How could Reliance, which may eventually take control of one-third of FRL’s 1,500 stores, do this when the courts are yet to give a final order? Before we delve deeper …
The Mukesh Ambani-run company begins taking over Future’s stores though the courts are yet to decide and a slowing economy does little to stem money supply.
Editor's note: Prince here. Suddenly, it looks like the long-running battle between Reliance Industries and Amazon over Future Retail may be coming to a conclusion. Earlier today, Amazon did very nearly raise a white flag in the Supreme Court. Was it because of what Reliance managed to pull over the last one week? Maybe. Something else caught our attention this week. No, not that the GDP is slowing down, but that despite a slower economy, cash in the hands of the public has seen a consistent rise. What explains that? Read on. Has RIL dealt Amazon a blow? It increasingly looks like Reliance Industries Ltd has pulled a fast one on Amazon in the fight over Future Retail Ltd. Over the last week, Reliance has taken control of over 200 stores that were run by FRL, even as the fight with Amazon to control the Kishore Biyani-owned company continues in the courts. How could Reliance, which may eventually take control of one-third of FRL’s 1,500 stores, do this when the courts are yet to give a final order? Before we delve deeper …
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
Brands are struggling amid plunging prices of lab-grown diamonds, poor margins, intense competition, shaky global demand and a domestic market where tradition continues to shape buying decisions.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
Brands are struggling amid plunging prices of lab-grown diamonds, poor margins, intense competition, shaky global demand and a domestic market where tradition continues to shape buying decisions.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
