E Commerce

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Amazon-Reliance battle for Indian retail market shows no signs of easing

2021-01-20T12:34:13+00:00January 20th, 2021|The Big Story - India Global Business|

A $170 billion retail bounty is at stake! If Mukesh Ambani drew first blood by signing a $3.4-billion deal to buy several retail assets of the Future Group, Amazon struck legally by mounting a credible challenge before global arbitration panels and Indian courts. But there is no victor in sight yet.