The sale plan, which is subject to certain conditions, was adopted on 8 Nov last year and will be completed by 31 Jan 2025, according to the company's latest annual report.
An investigation last year showed that Amazon gave preferential treatment for years to a small group of sellers, including Appario, and used them to bypass Indian laws.
Musk, now one of four centibillionaires in the world, has seen his fortune grow by $73.6 billion this year, a jump still smaller than Bezos’s, who is up by $87.1 billion.
Ambani’s JioFiber seeks to tap a burgeoning business where firms from mobile carriers to Netflix Inc. & Amazon.com Inc. are butting heads to offer content.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS