There is disagreement amongst the government bigwigs over-tightening the noose around e-commerce rules for companies operating in the country. According to the finance ministry, some of the rules are ‘excessive,’ and seemingly unnecessary. The new rules will impact the business of companies like Flipkart, Walmart, Reliance Industries, and Tata Group. As buying sensibilities of the ...

On Saturday, Reliance Industries (RIL) acquired 96 percent equity shares of Urban Ladder Home Decor Solutions Pvt Ltd for Rs 182.12 crore. As per the company statement, Urban Ladder’s share ownership now rests with Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries (RIL) .  Besides the recent takeover by billionaire Mukesh Ambani’s company, ...