Mukesh Ambani plans to take on Amazon, Flipkart

Jio and Reliance Retail will launch a commerce platform to empower its 12 lakh small retailers in Gujarat. The retail arm operates nearly 10,000 outlets across 6,500 Indian cities which will come aboard through Jio’s apps. Last month, India tightened rules that will disallow foreign-owned online retailers and will benefit local enterprises such as Reliance.