The Power of Reliance - Business News At A Glance, Ep. 2

How is this relevant for you, the MBA student?

Whether you’re preparing for interviews, GDs, or some competitions, knowing the logic and strategy behind the rise of a Retail giant is a value add. No matter whether you’re studying marketing, finance or some other specialization, there’s something everyone can take away from this article. To start with, Mukesh Ambani identified retail as one of the latest drivers of commerce in India. Based on this analysis, Reliance Retail came into being. And today the stakes are so high that legacy investors like SoftBank and Carlyle are put on a waitlist. And then there’s Ambani’s offer to Amazon. Not only are investors of Jio pumping funds into Reliance Retail, but other investors are also lining up too!

This shows how valuable the retail business is in India today. It also shows a diversification strategy. Perhaps, Ambani wants to give birth to India’s Alibaba! One has to wonder what investors like Amazon would bring to the relationship and how both giants will benefit!

Tell us what you think? Why are investors on a waitlist? What do you think is the strategy behind inviting Amazon to invest? Share your answers in the comments section below!

In Other News:

Contactless Payments Are Gaining Traction: Sajith Sivanandan, MD & Business Head - Google Pay

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Govt. Working On Credit Guarantee, Seed Funding For Startups

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