Ril Future deal: Amazon gets stay on RIL-Future deal

Kishore Biyani’s deal to sell off Future Group assets to Mukesh Ambani’s Reliance Industries for Rs 24,713 crore is now on hold. The Singapore International Arbitration Centre (SIAC) has granted an interim relief in the issue to the Jeff Bezosled Amazon, for now, two people aware of the matter said. Earlier this month, Amazon had … Read more

JioMart gets a WhatsApp number, goes live

Three days after Reliance Retail signed a commercial pact with Facebook’s WhatsApp to further the reach of its online venture JioMart, the retailer went live in the suburban Mumbai areas of Navi Mumbai, Thane and Kalyan. Reliance’s tie up with WhatsApp means it gets direct access to WhatsApp’s user base of over 400 million. To … Read more