The tactic is not new for Reliance. In 2020, Reliance Industries acquired 37.7% stake in textile manufacturer Alok Industries Ltd for Rs 250 cr.
Bezos drew attention to Tesla's close ties with China, the world's biggest electric vehicle market and home to the company's first overseas factory
Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry
Amazon founder Jeff Bezos on Monday agreed with Tesla and SpaceX CEO Elon Musk to convert Twitter's San Francisco headquarters in the US into a homeless shelter.
The company is a long way from launching a drone delivery service
The auction promises to be an epic showdown between the Seattle-based retail Goliath on one side and India's most valuable company on the other and could see bets of $7 bn or more
The Saturday Night Live star is no longer able to make the flight, which has been delayed for nearly a week, Bezos' space travel company said Thursday night
Gautam Adani, India's and Asia's second-richest person, added USD 49 billion to his wealth last year
Amazon conducted three splits in the 2 1/2 years following its 1997 initial public offering and then halted the practice
Reliance jolted Amazon by taking over Future's stores, staff even as the e-commerce giant furiously tried to block formal acquisitions through lawsuits and arbitration across India and Singapore
The Tesla CEO's net worth was roughly $199 billion while Bezos' net worth was around $176 billion, according to the Bloomberg Billionaires' index
A $500 million yacht reportedly being built for Bezos faces a delivery problem: It may require dismantling a beloved, historic bridge in Rotterdam that is blocking its passage to the sea.
A plan to dismantle a historic bridge in the heart of Dutch port city Rotterdam so that a huge yacht, reportedly being built for Jeff Bezos, can get to the North Sea is unlikely to be plain sailing.
For the holiday quarter, the company earned $14.3 billion, double its net income from a year earlier.
For the holiday quarter, the company earned $14.3 billion, double its net income from a year earlier.
2021 started on a sour note for the democratic world and it remained under pressure from a dominant communist China
Amazon founder Jeff Bezos on Saturday expressed grief over the death of six people at an Amazon warehouse collapse in Edwardsville, Illinois, due to an ongoing wave of tornadoes in the US
Jeff Bezos' rocket company, Blue Origin on Saturday morning (local time) blasted its third private crew into space.This flight marked the third of what Blue Origin hopes will be many space tourism launches, carrying wealthy customers to the edge of space, reported CNN.This is the first time that Blue Origin filled all six seats on its New Shepard rocket and capsule, which is named for Alan Shepard.On the company's two previous flights -- including the July flight that sent Bezos himself to space -- only four of the seats were taken up, reported CNN.The group blasted off aboard Blue Origin's suborbital space tourism rocket at 9:01 am CT from the company's launch facilities near the rural town of Van Horn, Texas and took a supersonic, 10-minute flight that reached more than 60 miles above the Earth's surface before parachuting to a landing.The crew consisted of Good Morning America host Michael Strahan, the daughter of famed astronaut Alan Shepard, and four paying customers on a ...
Amazon founder Jeff Bezos has pledged $443 million in grant as part of his Earth Fund to fight climate change, protect and restore nature, and advance environmental justice and economic opportunity.
In 2019, Amazon pocketed $60 billion in seller fees and this year, its take will soar to $121 billion, according to the report titled 'Amazon's Toll Road' by the Institute for Local Self-Reliance.