In India, the digital e-commerce space is dominated by just Amazon and Flipkart who control over 60 per cent of market share.
Reliance Industries' retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report
It said the company evaluates various opportunities on an ongoing basis
Depending on the investors' appetite, at least one will be launched in the current financial year, a banker close to the development says
RISE Worldwide -- a Sports Management company under the aegis of Reliance Industries Ltd. -- has roped in India batsman Suryakumar Yadav in an exclusive worldwide talent representation agreement
Detect Technologies' has a real-time pipeline monitoring system that tracks leaks and corrosion using sensors.
Reliance said last month it plans to build factories to produce solar components, energy storage batteries, electrolysers for making green hydrogen and fuel cells.
Reliance New Energy Solar is yet to commence its business operations
ICICI Bank (up 2.7 per cent), HDFC, Axis Bank, Sun Pharma, and NTPC were the top gainers on the frontline S&P BSE Sensex
Their renewable energy and retail plans offer contrasting strategies; if they pan out, the consumer is the guaranteed winner
Reliance Industries, Tata Consultancy Services, Infosys, Hindustan Unilever, ICICI Bank and State Bank of India suffered losses in their market capitalisation
Cash pay-outs grew at 6.6% CAGR vs 13.2% for other firms over 10 yrs
Vandana Gombar assesses the green energy plans of Reliance, NTPC, Tata and Ola
If discussions fructify, smartphone would be made at Indian plants
A surging rupee, which snapped its four-day losing streak, also boosted the bulls, traders said
The relatively young consumer-centric retail and telecom businesses have helped the conglomerate even as it seeks mega scale in renewable energy
If Reliance's gigafactories can deliver hydrogen at a scale, it will push decarbonisation into new frontiers.
The big boys may well compete, but if you parse Mr Ambani's AGM statement, it appears that RIL would more like to play the role of an input and/or original-equipment-manufacturer than a fierce rival
Vodafone Idea is likely to post a narrowing of losses in Q4FY21 even though subscriber losses and zero IUC regime may dent the top-line
The tussle with governments is a familiar territory for Amazon since it, along with Apple, Google and Facebook, face potentially similar charges in the US