Jiomart
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Reliance Retail plans to use kirana stores for delivery of non-perishable items ordered on JioMart
Fp Staff •The kiranas will source goods from the retail giant or elsewhere in case it is not available with Reliance Retail.
Fuel for India 2020: India is a very special, important country with remarkable entrepreneurship culture, says Mark Zuckerberg
Anirudh •Following the NPCI approval, WhatsApp will compete with players like Paytm, Google Pay, Walmart-owned PhonePe and Amazon Pay in the country.
GIC and TPG pick up stake in Mukesh Ambani's Reliance Retail; to invest combined Rs 7,350 cr
Fp Staff •The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL
RIL AGM 2020: JioMart has been successfully piloted with kirana partners, says Mukesh Ambani
•More than two-thirds of Reliance Retail's nearly 12,000 stores are operated in Tier II, Tier III and Tier IV towns.
Reliance Jio reports 73% growth, reveals more details about Facebook-Jio partnership and potential benefits to SMBs
Tech2 News Staff •As part of the Facebook partnership, JioMart, a service that connects local stores to consumers, will be integrated into WhatsApp.
CAIT backs Indian e-tailers conforming to local laws, helping digitise grocery stores; all set to launch national e-commerce portal
•CAIT said India is one of the largest consumer markets of the world and up-gradation and modernisation of existing retail trade of India has always been the mission of CAIT.
S&P affirms BBB plus rating of Reliance Industries on disciplined spending, resilient earnings
•Rating agency S&P Global has affirmed its 'BBB+' rating with a stable outlook on Reliance Industries (RIL), saying the company's leverage is poised to improve and stabilise over the next 12-24 months owing to disciplined spending, asset monetisation, and resilient earnings
Facebook and Reliance Jio's partnership will benefit micro, small and medium businesses, farmers and small merchants: BFI
Tech2 News Staff •BFI says this deal will not only be leverage for JioMart and WhatsApp, but will also help new businesses.
RIL starts using WhatsApp for grocery deliveries but model to evolve: Credit Suisse report
•Billionaire Mukesh Ambani's Reliance Industries has started limited test use of WhatsApp to connect customers to grocery stores, days after Facebook decided to invest $5.7 billion in digital assets controlled by the company
Mukesh Ambani regains 'richest person in Asia' tag; topples Jack Ma after $5.7 bn Facebook-Jio deal
Fp Staff •Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd (RIL) has regained the 'richest person in Asia' tag after Facebook's $5.7 billion (Rs 43,574 crore) investment in Jio Platforms on 22 April.