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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: Two events in the fortnight gone by are perfect grist for this newsletter. While one signalled that the twists and turns in the legal fight between American e-commerce giant Amazon and the Future Group are far from over, the other is about how the Association of Mutual Funds in India, a representative body of mutual fund houses, managed to almost stymie a much-needed move by the sectoral regulator with regard to investor safety. Let’s jump right in. This round goes to Amazon Since September last year, when Reliance Industries announced that it was acquiring the retail and wholesale business of Kishore Biyani’s debt-ridden Future Group for $3.4 billion, it has been one heck of a rollercoaster ride. The latest episode in the saga saw Amazon notch up a win, with the Delhi High Court on 18 March upholding the Singapore arbitrator’s emergency award, once again hitting the proverbial pause button on the deal. We’ll come to that in a bit. Fought across multiple legal forums, every round between Amazon and Future so far has been a guessing game. Bear with …
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
