Tag: Amazon
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Reliance dismisses reports of $20 billion deal with Amazon
Reliance Industries Ltd. has dismissed a report that it was planning to sell a $20-billion stake in its retail business to its American rival Amazon. The report was published by Bloomberg on Thursday stating that Mumbai-based RIL is willing to offer an approximate 40 percent stake in its subsidiary Reliance Retail Ventures Ltd. (RRVL) to ... -
Reliance acquisition of Netmeds and PharmEasy-Medlife merger marks a revolution in e-pharmacy
On Tuesday, Reliance Retail, a subsidiary of Reliance Industries ventured into e-pharmacy with acquisitions of Netmeds. Reliance bought 60% stake in Netmeds’ parent company Vitalic, a Chennai-based company for about ₹620 crore. Announcing the acquisition, RIL added that as part of the deal it also got complete ownership of Netmeds’ subsidiaries, Tresara Health, Netmeds Market ... -
Priyanka Chopra To Encash Boom In Home Entertainment Industry
Priyanka Chopra Jonas is one of the few Indian actors that has given the Indian film industry a international flavor to its existence. She has invested herself well in the West to be able to find herself a place and mention amongst the best in fashion and acting. Bringing the Indian flavor back to the ... -
Multiplex Association of India urges Centre to allow reopening of cinema halls
After weeks of shut down, the Multiplex Association of India (MAI) recently released a statement calling upon the government for a decision on reopening of cinemas across the country. The Association expressed dismay and disappointment over the government’s decision to keeping cinema halls and multiplexes shut in its Unlock 2.0 plan which started on July ... -
Laxmmi Bomb to Sadak 2: Seven big Bollywood films to premier directly on Disney+ Hotstar’sMultiplex
With cinemas across the country closed to contain the spread of Coronavirus pandemic, a number of big-budget commercial Bollywood films are skipping theatrical release and moving to OTT platforms. At a time when Netflix and Amazon Prime Video have packed their calenders with a number of high-profile Bollywood films and web series, video streaming service ... -
Amazon in India to stop selling non-essential items and prioritize essential goods
The decision by the Seattle-based Amazon’s India section announces a similar step to stop shipping unnecessary items to shoppers in Italy and France; nations hit hard by the virus spread. On Tuesday, Amazon.com Inc’s said, India will stop orders for non-essential products in India in order to prioritize customers’ needs when the whole nation is ...
