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Reliance Retail
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Net tone● ±0% today
Market checkMeesho −6.8%
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● mixedReliance Digital brings down iPhone 17 Pro Max price in India to Rs 71,990 with Rs 9,910 flat discount, Rs 55,000 exchange and Rs 3,000 cashbackiPhone 17Reliance GroupReliance Industries
Broker call● mixedHow AI shopping agents could reshape hardline, broadline and food retail - UBSAIRetailE-commerce
Legal● mixedCCPA fines Amazon, Flipkart ₹10 lakh each and JioMart ₹5 lakh over herbicide salesAmazon and Flipkart were each fined ₹10 lakh; JioMart was fined ₹5 lakhAmazonE-commerceAgrochemicals
Data● mixedIndian retailers put backend tech ahead of AI bells as ₹215-lakh-crore market beckonsRetail technology spending is estimated to rise about 21% in FY26RetailAIFMCG and consumption
Deal● mixedYouTube expands India shopping affiliate network with Amazon, Meesho and AJIOYouTube added Amazon, Meesho and AJIO to its India shopping networkE-commerceAmazonMeesho