Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)'s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh Ambani-led company's 66.5 per cent stake in telecom and digital platform arm Reliance Jio at $88 billion. Reliance Industries had earlier planned to list both its subsidiaries to unlock value for its shareholders but hadn't fixed any timeline. The report said that Reliance Retail had raised $6 billion by diluting a 10.1 per cent stake, while Jio Platforms raised $20 billion from investors by selling 33 per cent in 2020.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Death of a princess, deadly Godzilla and detectives galore on OTT this week.
Which one will you watch on OTT this week? Sukanya Verma gives us her recommendations.
'Indian Police Force encapsulates the same spirit, the essence of scale, the essence of action and that riveted rhythm that Rohit Shetty brings about, but is complete with absolute realism.'
Amazon is working on deepening its engagement with young technology companies in the country.
Amazon has filed a patent for the technology called 'anticipatory shipping'.
Amazon's huge investment of $80 million a month didn't win it favour over customers during the festive season, with rival Flipkart selling more goods, reports Alnoor Peermohamed from Bengaluru.
Ae Watan Mere Watan tries to get a grasp on the mind of youngsters, shaped by the words of inspiring leaders, committed to the cause of independent India. It's significant because their support isn't based on 'andh bhakti', but leadership that encourages questions, observes Sukanya Verma.
Vivek Ruparel from Jadavpur University who recently cracked a tough interview at Amazon tells us how he did it.
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
Global online retailer Amazon will launch its e-reader Kindle Paperwhite in India next month.
Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds.
Ten sequels that either complemented the first or surpassed it.