RIL offers up to 40% stake in Reliance Retail to Amazon

Reliance Industries Ltd (RIL) has offered up to 40 per cent stake in its subsidiary Reliance Retail Ventures Ltd (RRVL) to Amazon.com Inc. for about $20 billion. Continue Reading

Amazon eyes $2 bn worth stake in Airtel

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. Continue Reading