The investments of Facebook and Google in Jio Platforms have cemented RIL's position, catapulting its market value and putting it way ahead of TCS in the No.1 spot

Macquarie has given an 'underperform' rating on Reliance Industries Limited (RIL) while remaining cautious on the stock going ahead

While the stake sale could help Aditya Birla Fashion deleverage their balance sheet in the short term and a stronger omni-channel play in the long term, for Flipkart it is likely to help in stronger private label presence across premium stores

It will be interesting to note that Ambani's trump card in this retail war will be his partnerships with the US technology companies. Facebook and Google hold stakes in Ambani's digital venture Jio Platforms Ltd (JPL)

Arbitration hearing pertains to a legal notice issued by Amazon for alleged breach of agreement signed with Future group. It had raised objections over Rs 24,713 crore deal saying Future Group didn't seek prior permission before signing deal with RIL

Amazon said that the Future Group did not seek permission from them before striking a deal with Reliance Industries. The arbitration process is yet to start

The deal with Amazon was also conditional based on the government's FDI policy permitting foreign multi-brand retailing firm

CCI had expressed concerns over Jio Platforms subsidiary Jio Infocomm's cloud and Facebook's dominance in online ad space. It said data processed by both companies was complementary to each other

Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius have pumped in Rs 1,125 crore into Amazon Seller Services

Having a significant play in the Indian economy, RIL, through its enormous customer base in telecom and retail has been the safest bet for investors in such volatile times

Isha and Akash Ambani led the discussions in sealing the deal with Facebook and other tech titans like Google, Qualcomm and Intel

Isha, along with twin brother Akash, is leading generation next at Reliance

Flipkart, which vies with players such as Amazon.com's local unit in India and India's Reliance Industries, will be aiming for a valuation in the $45-$50 billion range

The global research firm believes that the proposed acquisition of Future Group's retail business will fortify Reliance's retail footprint, especially in the grocery retail sub-segment

Reliance Retails runs around 11,784 stores spanning 7,000 towns and cities of India; deal with Kishore Biyani gives it access to over 1,800 Future Group stores and brings in business worth $5.5 billion in grocery only

The report went on to say that Reliance was \"willing to sell as much as a 40 per cent stake in the subsidiary to Amazon\" and the deal size at USD 20 billion would be the biggest ever in India

Earlier this year, Silver Lake invested $1.35 billion for a stake in Mukesh Ambani's Jio Platforms, while KKR invested $1.5 billion

Silver Lake invests in Reliance Retail: This investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore; now both Jio Platforms and Reliance Retail account for over Rs 9 lakh of RIL's valuation

Stock price of Reliance Industries has gained 72% in one year and 0.93% in the last one week. Market capitalisation of the firm stood at Rs 13,35,744 crore today

The likely investment, which will value Reliance Retail at over Rs 4.3 lakh crore ($57 billion) comes at a time when the company is aiming to sell about 10 per cent in new shares