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Reliance vs Amazon: Can Bezos beat Ambani without getting bruised?

The battle for the Indian consumer was never going to be an all-American affair

RIL Chairman Mukesh Ambani. The latest acquisitions will  fit in with RIL's cable broadband push  through Jio
RIL Chairman Mukesh Ambani

The battle for the Indian consumer was never going to be an all-American affair. Walmart Inc.’s splashy acquisition last year of Flipkart Online Services Pvt., the homegrown e-tailer giving Amazon.com Inc. a solid run for its money, might have given the impression of a two-horse race. But as I argued (here and here), billionaire Mukesh Ambani wasn’t going to watch from the sidelines. And last week India’s richest man jumped right into the fray. Ambani, chairman of the petrochemicals-to-telecom conglomerate Reliance Industries Ltd., has a four-legged plan to ...