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 (Oct. 31) Reuters report on the collaboration. The report noted that the card could entice customers to rewards at Reliance Retail’s...
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 Reliance. In an interview published Saturday (Nov. 5), CEO Kalyan Krishnamurthy told The Financial Times that his company was moving...
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 teams with Google to offer affordable 5G smartphones in India, and online travel app Hopper integrates with vacation rental provider...
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 growing portfolio, wedding season is expected to be the busiest in two decades, and 60% of consumers are buying only...
April 15, 2024
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 a year after the two companies began an asset management venture, Reuters reported Monday (April 15). Jio, part of the Reliance Group, said the venture is designed to tap into […]
October 31, 2023
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 (Oct. 31) Reuters report on the...
November 06, 2022
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 Reliance. In an interview published...
April 25, 2022
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 the agreement, Reuters reported Saturday...
