India’s richest man takes on Amazon, Walmart in e-commerce gamble

Backed by multi-billion-dollar investments from global tech giants, India’s richest man is ready to rumble with Amazon and Walmart for the country’s huge e-commerce market through his conglomerate Reliance. But it is far from certain that Mukesh Ambani’s latest gamble will pay off in a crowded market where many suppliers are not well-versed in digital business. The mogul has long trumpeted his ambition to revolutionise retail in the country of…