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Amazon's Surprise Move To Abandon Bid For IPL Rights: Report
Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches, according to people familiar with the matter, ceding one of the world's most popular sporting contests to rivals.
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Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
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Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
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Supreme Court Reserves Verdict In Amazon Vs Future Case
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
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Why Jeff Bezos's Amazon Is Feuding With A Partner And Mukesh Ambani
A legal spat between Amazon.com Inc. and its Indian partner that started with an arbitration verdict in Singapore has got fiercer in New Delhi courtrooms. And neither side is ready to back off.
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Future Group To Challenge Court Order Blocking Deal With Reliance: Report
The Future Group will challenge a Delhi court order that has blocked its $3.4 billion retail assets sale on objections of business partner Amazon.com Inc, a source told Reuters on Wednesday.
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"I Have To Ask Big Brother In America?" Retailer In Reliance vs Amazon
A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.
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Amazon India's Payments Unit Gets Rs. 700 Crores From Parent Ahead of Festive Season
Amazon.com Inc has invested Rs. 700 crores ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed.
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Reliance Buys Majority Stake In Online Pharmacy Netmeds For $83 Million
Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.
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Isha And Akash Ambani Star In Reliance's Jio Glass Demo
Reliance Industries' 43rd Annual General Meeting had a number of key announcements and some high-profile attendees. Billionaire Mukesh Ambani announced a slew of deals, including an investment of Rs 33,737 crore in its digital serves arm, Jio Platforms, by Alphabet Inc's Google. Among other announcements, the company showcased a new Mixed Reality s...
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General Motors, Ford Future Production Plan Reveal Companies To Focus on SUVs, Instead of EVs in the US
General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles. The two biggest U.S. automakers will make more than 5 million SUVs and pickup trucks in 2026, but only about 320,000 electric vehicles, according to detailed ...
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Mukesh Ambani Faces Data Snag As He Preps for Amazon Fight
There's a wrinkle in plans made by Asia's richest man to take on Amazon.com Inc and Walmart Inc on his home turf in India: his telecom and retail businesses can't share data.
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India Inc's Foreign Borrowing Rises 74% To $2.18 Billion In July: RBI
India Inc raised USD 2.18 billion from overseas markets in July through external commercial borrowing, a 74 per cent rise from a year ago, RBI data has showed.
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Apple Partnering With Mukesh Ambani's Reliance Jio, Says Tim Cook
Citing Reliance Jio's roll-out of 4G coverage in India, Apple CEO Tim Cook has said his company "couldn't be more excited" about the enormous investments being made in high-speed telecom networks, even as he conceded that Apple smartphone has "not done as well" in the country.
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Mamata Banerjee woos India Inc, says West Bengal better for investment now
West Bengal Chief Minister Mamata Banerjee today met top industrialists, including Reliance Industries Limited chairman Mukesh Ambani and Tata Consultancy Services chairman N Chandrasekaran, in Mumbai today. She said the state was more investment friendly now with a "good work culture".
-
Amazon's Surprise Move To Abandon Bid For IPL Rights: Report
Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches, according to people familiar with the matter, ceding one of the world's most popular sporting contests to rivals.
-
Panasonic's Q3 Profit Slides As Material Costs Rise And Appliance Sales Fall
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.
-
Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
-
Supreme Court Reserves Verdict In Amazon Vs Future Case
The Supreme Court has reserved its judgement in Amazon-Future-Reliance case and will decide whether Singapore's Emergency Arbitrator Award restraining Future Retail Ltd from going ahead with its merger deal with Reliance Retail is valid in India.
-
Why Jeff Bezos's Amazon Is Feuding With A Partner And Mukesh Ambani
A legal spat between Amazon.com Inc. and its Indian partner that started with an arbitration verdict in Singapore has got fiercer in New Delhi courtrooms. And neither side is ready to back off.
-
Future Group To Challenge Court Order Blocking Deal With Reliance: Report
The Future Group will challenge a Delhi court order that has blocked its $3.4 billion retail assets sale on objections of business partner Amazon.com Inc, a source told Reuters on Wednesday.
-
"I Have To Ask Big Brother In America?" Retailer In Reliance vs Amazon
A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India's $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.
-
Amazon India's Payments Unit Gets Rs. 700 Crores From Parent Ahead of Festive Season
Amazon.com Inc has invested Rs. 700 crores ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed.
-
Reliance Buys Majority Stake In Online Pharmacy Netmeds For $83 Million
Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India.
-
Isha And Akash Ambani Star In Reliance's Jio Glass Demo
Reliance Industries' 43rd Annual General Meeting had a number of key announcements and some high-profile attendees. Billionaire Mukesh Ambani announced a slew of deals, including an investment of Rs 33,737 crore in its digital serves arm, Jio Platforms, by Alphabet Inc's Google. Among other announcements, the company showcased a new Mixed Reality s...
-
General Motors, Ford Future Production Plan Reveal Companies To Focus on SUVs, Instead of EVs in the US
General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles. The two biggest U.S. automakers will make more than 5 million SUVs and pickup trucks in 2026, but only about 320,000 electric vehicles, according to detailed ...
-
Mukesh Ambani Faces Data Snag As He Preps for Amazon Fight
There's a wrinkle in plans made by Asia's richest man to take on Amazon.com Inc and Walmart Inc on his home turf in India: his telecom and retail businesses can't share data.
-
India Inc's Foreign Borrowing Rises 74% To $2.18 Billion In July: RBI
India Inc raised USD 2.18 billion from overseas markets in July through external commercial borrowing, a 74 per cent rise from a year ago, RBI data has showed.
-
Apple Partnering With Mukesh Ambani's Reliance Jio, Says Tim Cook
Citing Reliance Jio's roll-out of 4G coverage in India, Apple CEO Tim Cook has said his company "couldn't be more excited" about the enormous investments being made in high-speed telecom networks, even as he conceded that Apple smartphone has "not done as well" in the country.
-
Mamata Banerjee woos India Inc, says West Bengal better for investment now
West Bengal Chief Minister Mamata Banerjee today met top industrialists, including Reliance Industries Limited chairman Mukesh Ambani and Tata Consultancy Services chairman N Chandrasekaran, in Mumbai today. She said the state was more investment friendly now with a "good work culture".
