Reliance Industries

IBF

Shitposter
Messages
17,909
Location
NA
 

Sushubh

Admin
Staff member
Messages
381,503
Location
Gurgaon
ISP
Excitel
Airtel
Mukesh Ambani Reliance E-Commerce: Asia’s Richest Man Faces Data Snag as He Preps for Amazon Fight - Bloomberg Quint

Billionaire Mukesh Ambani, chairman of Reliance Industries Ltd., has outlined how he will marry the might of his group’s 9,900-plus retail stores and 280-million strong telecom user base to bolster his e-commerce venture. A senior Reliance executive says that any data sharing on customers between the two, could run into a legal wall.

“They are different companies so there are data privacy rules,” Ashwin Khasgiwala, Reliance Retail Ltd.’s chief financial officer said at a conference in Mumbai on Tuesday. “They’re different platforms,” he said while declining to elaborate on how the group plans to overcome it.