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Mukesh Ambani's Reliance Industries Offers Amazon $20-Billion Stake In Retail Arm

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The development comes a day after billionaire Mukesh Ambani-led Reliance Industries said US-based Silver Lake would invest Rs 7,500 crore in its subsidiary, Reliance Retail Ventures.

Oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20-billion stake in its retail arm to Amazon.com Inc, BloombergQuint reported on Thursday, citing Bloomberg News.

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Ashok Varma

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The development comes a day after billionaire Mukesh Ambani-led Reliance Industries said US-based Silver Lake would invest Rs 7,500 crore in its subsidiary, Reliance Retail Ventures.

Oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20-billion stake in its retail arm to Amazon.com Inc, BloombergQuint reported on Thursday, citing Bloomberg News.

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Another suprise by Ambani after RIL's Voot (Viacom) ties up with Airtel Xsream app for premium content sharing. So all are allies, not rivals :D
 

Esmail

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Another suprise by Ambani after RIL's Voot (Viacom) ties up with Airtel Xsream app for premium content sharing. So all are allies, not rivals :D
That's actually false advertising by Airtel, in the xstream app there is only free content of voot, same as that present in Jio cinema or MX player. None of the Voot Select premium originals are present and they are advertising it as premium voot content on Airtel xstream.
 

Ashok Varma

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That's actually false advertising by Airtel, in the xstream app there is only free content of voot, same as that present in Jio cinema or MX player. None of the Voot Select premium originals are present and they are advertising it as premium voot content on Airtel xstream.
So, Airtel was not provides Voot Premium content! They also removes Hotstar app subscription for its fiber plans with Rs.999 and above, which was advertised earlier.
 

Saichaitanya4496

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So, Airtel was not provides Voot Premium content! They also removes Hotstar app subscription for its fiber plans with Rs.999 and above, which was advertised earlier.
No buddy! You will only get Colors shows and whatever available for free on Voot just like they are available on Jio Cinema or MX Player
 
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