Reliance

BlackRock and Jio Team to Offer Wealth Management in India
BlackRock and Jio Team to Offer Wealth Management in India
April 15, 2024  |  Partnerships

India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than...

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SBI and Reliance Launch Credit Card on India’s RuPay Network
SBI and Reliance Launch Credit Card on India’s RuPay Network
October 31, 2023  |  Credit Cards

SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday...

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Walmart’s Flipkart Slows Hiring in Face of Strict Competition
Walmart’s Flipkart Slows Hiring in Face of Strict Competition
November 06, 2022  |  Walmart

Flipkart, the Walmart-owned Indian eCommerce company, is ending its string of acquisitions and slowing its hiring as it deals with tough competition from Amazon and...

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Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
August 29, 2022  |  Connected Economy

Today in the connected economy, Meta launches a partnership with Indian eCommerce firm JioMart to let shoppers buy groceries using WhatsApp. Plus, Jio parent Reliance...

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Today in Retail: ShopBack Pay Allows Users to Earn Rewards; Cosmetic Companies Continue to Struggle With Escalating Costs
Today in Retail: ShopBack Pay Allows Users to Earn Rewards; Cosmetic Companies Continue to Struggle...
April 25, 2022  |  Retail

Today in retail, ShopBack expands ways to pay, while cosmetic companies struggle with costs. Plus, Authentic Brands Group looks to add Ted Baker to its...

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Future Group’s Secured Creditors Nix $3.4B Deal With Reliance
Future Group’s Secured Creditors Nix $3.4B Deal With Reliance
April 25, 2022  |  Retail

Indian retailer Reliance has nixed its $3.4 billion deal with Mumbai-based retail firm Future Group, adding it “cannot be implemented” because Future’s secured creditors rejected...

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India’s Reliance To Fold JioMart Into WhatsApp For One-Stop Shopping
India’s Reliance To Fold JioMart Into WhatsApp For One-Stop Shopping
January 18, 2021  |  eCommerce

India’s Reliance billionaire Mukesh Ambani is planning to embed its eCommerce app JioMart into WhatsApp within six months, according to a Mint report on Monday (Jan....

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India’s Future Retail Says It Faces Selloff If Reliance Deal Falls Through
India’s Future Retail Says It Faces Selloff If Reliance Deal Falls Through
October 26, 2020  |  Legal

India-based Future Retail is facing liquidation if it can’t enter into Reliance‘s deal to purchase assets, according to Reuters, citing a legal order in which...

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Future Retail, Reliance Deal Held Up By Amazon Claim
Future Retail, Reliance Deal Held Up By Amazon Claim
October 26, 2020  |  Partnerships / Acquisitions

The $3.4 billion offer by Reliance Industries to purchase Future Retail has been stayed by the Singapore International Arbitration Centre (SIAC) in response to a...

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