Reliance Industries Limited’s Reliance Brands and Reliance Retail have terminated numerous rental leases for stores they operate in Blackstone-owned Nexus malls following a failure to agree on rent rates during lockdown.
Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon's local unit and Walmart's Flipkart in the huge Indian market.
The Fashion Design Council of India has rallied together established and up-and-coming designers from across India to share their lockdown experience and tips for how to stay creative amid the coronavirus pandemic.
Reliance Industries’ e-commerce marketplace JioMart has augmented its services to tap into the grocery market during lockdown and has doubled its weekly credit limit for stores and increased WhatsApp orders.
Facebook's $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets.
Amazon.com Inc’s Indian arm will soon add small local shops as sellers on its platform as a way to provide them broader online exposure and offer consumers a greater selection of merchandise, the company said.
Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for small businesses by capitalising upon WhatsApp's already extensive reach within India.
The Fashion Design Council of India will launch a multi-media initiative titled ‘FDCInsights’ to discuss how the fashion industry is evolving during the ongoing lockdown and will share insights from industry members.