In his open letter posted on the e-commerce firm's website, Jeff Bezos says Amazon will invest US $1 bn to digitise micro & small businesses across India.
Experts weigh in on Walmart's likely acquisition of nearly 80% of Flipkart's shares. Flipkart and Ola had earlier sought protectionist policies from the government to combat the influence of global giants.
Walmart is in talks to take a minority stake in Flipkart that could go up to 50 or 60 per cent. While Amazon is pushing hard for deal with Flipkart because Walmart’s money will make competition even more fierce.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
FDI in retail created over a million jobs. Vendors like Decathlon have setup shop and providing good wages to people like me.
Amazon is another example of success for over 1 lakh vendors on its platform.
Reliance will only please Gujrat’s Bhai and Ben’s sitting in Mumbai / Ahmedabad.
If Bezos creates jobs …he helps the economy. Piyush goyal is only thinking of parimal nathwani giving him a seat in Gujrat cricket board and BCCI via reliance support.
Amazon has cumulatively provided more jobs to Indians than the last 6 years of this govt has helped create. So instead of snubbing the foreign investors, this baniya party should behave in a more rational manner. It seems they want to clean the market for Ambani e-retail by marginalising amazon and flip kart. Indian consumer is going to suffer because of that. Govt should work towards creating a competitive market so that customers can benefit instead of creating a monopoly by favouring someone like ambani. They did the same in telecom, and now we are going to pay heavy prices, already tarrifs have started increasing. Educated indians should understand this sooner than later. Or else you are all going to pay.
I agree with the government taking steps to protect small Indian traders . The unorganised sector is also stake holders of our indirect economy…Kumbakonam Ravichandran
Let Govt. take good initiatives to controll the e marketing giants from entering deep inside to our nation’s economy otherwise the petty traders who are the backbone of employment in unorganised sector are being effected.
This news is baised! They haven’t even mention the accusations made on Amazon by Goyal about their loss incurrence due to predatory pricing. Amazon has huge capital to replenish the lost funds. Meanwhile our sellers are running out of business which is literally their bread and butter, which is frankly unethical and unfair.
You mean the time before Amazon or Flipkart where stores will literally loot customers with their rude and unethical practices. If any local traders or shopkeepers wanted to survive, let them do it by serving customers. And this government is f@#k up, appealing for MNCs to invest and Make In India, just to literally shoo them away just because they can do so.
Looks more Strange when government is trying to hook up defaulters & much of our Indian media behaving orthodox. … Carry on the good work Piyush Goyalji
Yes,I fully endorse the views of
Mehulji.Amazon is trying to vean away the small business owners in India.Definitely,Jef is not doing any favour to India. Modiji and his Govt understands this Ploy very well. I am not a Business man. I am a Consumer. But I am a Indian who cares for the India’s Progress and Indian business.
Jeff Bezos would make a better PM than Pakistan language limited Narendra Modi who treats the original India language people as foreigners in India. At least Jeff Bezos speaks English not the cow belt Islamic language Hindi / Urdu which has only contributed to the backwardness of the benefited states of the North.
It was rather unusual for a star rated investor and job provider rated highly by all to be treated in this manner by the PM and his sycophantic ministers.
In a Climate of Joblessness and lack of worthwhile Investment,it is time that the PM and his Gang start walking the Talk.
Good decision by Amazon boss. We are not buying foreign goods through Amazon.Indian goods are buying in a deciplined manners keeping customer’s choice on top. Several instances are there when a TV set from a MNC brand not replaced with in 15 days of delivery for not working but simply repaired . But on line system we can claim refund . There are several instaces. A lot of youths engage in good quality job
like delivery ,warehouse supervision,customer grievance addressal etc. in online business. Huge sellers attached with Amazon. I think BJP aligned few traditional traders from some selected region are giving pressure to Minister in the fear of their business hegemony being snatched away by large no’s of small traders allover India.
Modiji is visionary prime minister he well aware the Chinese tactics of business. First they showing lollipop and then start to pull everything from you. The strategy of present government is very right and as a true Indian I am fully supporting it.
Modi “G” is a foreign agent and has only helped Multinational and domestic corporate to rake in money at the cost of loss of business to small traders and manufacturers in India. GST and Demo are disasters which benefit foreign tax firms. A look at NASDAQ ticker symbol INTU and HRB will prove this.
Must look into the actual problems. Big issue is the Onion, price shot up like anything – for locals the cheapest onion was spoilt n size slightly bigger than a marble sold at + 40 rupees. No good onions in sight. Situation still improving but still high in comparison to previous price Rs 20 n 30 for good stuff.
Hopefully we get to see good price soon.
Even other veggies such as Palak, Methi, etc cost was 10 now minimum is 20 why.
The government must catch the hoarders black marketeers who are creating such a situation.
Amazon is not for the common people. It’s the common n poor people’s suffering needs utmost priority.
How f#&k up are you? Aligning prices rise of essential commodities with Amazon?
No body can do business with out profit.dont fool indian people & you are not our relatives to give benefits with out making any money.respect others countries rules and regulations and policies.at one time you foreigners cheat & rules in our proud country just like same ethics devide & rules in Hindustan. So ,stop this nonsense business idea’s to write directly contact to our people’s.
So the stage is being set up for Mukesh Ambani, to disrupt retail, like he did telecom. Rules will be changed to support his coming into the retail online sector. Nothing else explains a logical man like Piyush Goyal, speaking nonsense.
Hope national interest guides our economic policies.
Also, we should not create perception that we are intolerant to the media, in India and abroad, which does not toe the government line.
Amazon is a company whose work conditions and salaries for the vast majority of their employees border on slavery, and force something like 80% of employees to seek food assistance and other support as they cannot get by on the average $ 24000 a year salary that they are paid in the US. The company also has a history of buying it’s way into government contracts and ended up with a rare bipartisan uproar when the Pentagon wrote the RFQ for it’s cloud contract to favor AWS. As disparate a group as the New York Times, Variety, Michael Bloomberg, and both Democrat and Republican legislators came out against the outrageous terms set by a former Amazon employee at the Pentagon, and compelled giving that contract to Microsoft.
Piyush Goyal is absolutely right in his slam of Amazon. Bezos is not giving a billion dollars away out of the goodness of his heart. He is only investing in bringing small traders to his platform instead of letting them deal through historical networks, and looking forward to making a cut on every sale that goes through Amazon India. Amazon needs India and it’s traders and consumers more than India needs the loaded treats that Bezos is offering to toss the natives’ way. India can stand proud and make sure that this arrogant and exploitative businessman works on Indian terms.
FDI in retail created over a million jobs. Vendors like Decathlon have setup shop and providing good wages to people like me.
Amazon is another example of success for over 1 lakh vendors on its platform.
Reliance will only please Gujrat’s Bhai and Ben’s sitting in Mumbai / Ahmedabad.
If Bezos creates jobs …he helps the economy. Piyush goyal is only thinking of parimal nathwani giving him a seat in Gujrat cricket board and BCCI via reliance support.
FDI in retail created over a million jobs. Vendors like Decathlon have setup shop and providing good wages to people like me.
Amazon is another example of success for over 1 lakh vendors on its platform.
Reliance will only please Gujrat’s Bhai and Ben’s sitting in Mumbai / Ahmedabad.
If Bezos creates jobs …he helps the economy. Piyush goyal is only thinking of parimal nathwani giving him a seat in Gujrat cricket board and BCCI via reliance support.
Amazon has cumulatively provided more jobs to Indians than the last 6 years of this govt has helped create. So instead of snubbing the foreign investors, this baniya party should behave in a more rational manner. It seems they want to clean the market for Ambani e-retail by marginalising amazon and flip kart. Indian consumer is going to suffer because of that. Govt should work towards creating a competitive market so that customers can benefit instead of creating a monopoly by favouring someone like ambani. They did the same in telecom, and now we are going to pay heavy prices, already tarrifs have started increasing. Educated indians should understand this sooner than later. Or else you are all going to pay.
India is not Pakistan. Dont show us money .We are not beggars for your money. You need us more and we dont need you at all. We will boycott Amazon. s
Yes bro
Yes bro
Indian should make their own bharat online platform mukesh ambani can do it in far better way
I agree with the government taking steps to protect small Indian traders . The unorganised sector is also stake holders of our indirect economy…Kumbakonam Ravichandran
Let Govt. take good initiatives to controll the e marketing giants from entering deep inside to our nation’s economy otherwise the petty traders who are the backbone of employment in unorganised sector are being effected.
This news is baised! They haven’t even mention the accusations made on Amazon by Goyal about their loss incurrence due to predatory pricing. Amazon has huge capital to replenish the lost funds. Meanwhile our sellers are running out of business which is literally their bread and butter, which is frankly unethical and unfair.
You mean the time before Amazon or Flipkart where stores will literally loot customers with their rude and unethical practices. If any local traders or shopkeepers wanted to survive, let them do it by serving customers. And this government is f@#k up, appealing for MNCs to invest and Make In India, just to literally shoo them away just because they can do so.
Looks more Strange when government is trying to hook up defaulters & much of our Indian media behaving orthodox. … Carry on the good work Piyush Goyalji
This govt just wants to make happy Ambani and Baba. Soon Baba Ramdev will be the richest man after Ambani
Yes,I fully endorse the views of
Mehulji.Amazon is trying to vean away the small business owners in India.Definitely,Jef is not doing any favour to India. Modiji and his Govt understands this Ploy very well. I am not a Business man. I am a Consumer. But I am a Indian who cares for the India’s Progress and Indian business.
Jeff Bezos would make a better PM than Pakistan language limited Narendra Modi who treats the original India language people as foreigners in India. At least Jeff Bezos speaks English not the cow belt Islamic language Hindi / Urdu which has only contributed to the backwardness of the benefited states of the North.
It was rather unusual for a star rated investor and job provider rated highly by all to be treated in this manner by the PM and his sycophantic ministers.
In a Climate of Joblessness and lack of worthwhile Investment,it is time that the PM and his Gang start walking the Talk.
Good decision by Amazon boss. We are not buying foreign goods through Amazon.Indian goods are buying in a deciplined manners keeping customer’s choice on top. Several instances are there when a TV set from a MNC brand not replaced with in 15 days of delivery for not working but simply repaired . But on line system we can claim refund . There are several instaces. A lot of youths engage in good quality job
like delivery ,warehouse supervision,customer grievance addressal etc. in online business. Huge sellers attached with Amazon. I think BJP aligned few traditional traders from some selected region are giving pressure to Minister in the fear of their business hegemony being snatched away by large no’s of small traders allover India.
Modiji is visionary prime minister he well aware the Chinese tactics of business. First they showing lollipop and then start to pull everything from you. The strategy of present government is very right and as a true Indian I am fully supporting it.
Modi “G” is a foreign agent and has only helped Multinational and domestic corporate to rake in money at the cost of loss of business to small traders and manufacturers in India. GST and Demo are disasters which benefit foreign tax firms. A look at NASDAQ ticker symbol INTU and HRB will prove this.
Must look into the actual problems. Big issue is the Onion, price shot up like anything – for locals the cheapest onion was spoilt n size slightly bigger than a marble sold at + 40 rupees. No good onions in sight. Situation still improving but still high in comparison to previous price Rs 20 n 30 for good stuff.
Hopefully we get to see good price soon.
Even other veggies such as Palak, Methi, etc cost was 10 now minimum is 20 why.
The government must catch the hoarders black marketeers who are creating such a situation.
Amazon is not for the common people. It’s the common n poor people’s suffering needs utmost priority.
How f#&k up are you? Aligning prices rise of essential commodities with Amazon?
No body can do business with out profit.dont fool indian people & you are not our relatives to give benefits with out making any money.respect others countries rules and regulations and policies.at one time you foreigners cheat & rules in our proud country just like same ethics devide & rules in Hindustan. So ,stop this nonsense business idea’s to write directly contact to our people’s.
Make Jeff Bezos prime minister- at least he knows how to creat jobs and wealth!
Well said
Every action has an equal reaction..
Every_action has equal_and opposite_reaction
So the stage is being set up for Mukesh Ambani, to disrupt retail, like he did telecom. Rules will be changed to support his coming into the retail online sector. Nothing else explains a logical man like Piyush Goyal, speaking nonsense.
This is the commonly held perception.
Hope national interest guides our economic policies.
Also, we should not create perception that we are intolerant to the media, in India and abroad, which does not toe the government line.
Amazon is a company whose work conditions and salaries for the vast majority of their employees border on slavery, and force something like 80% of employees to seek food assistance and other support as they cannot get by on the average $ 24000 a year salary that they are paid in the US. The company also has a history of buying it’s way into government contracts and ended up with a rare bipartisan uproar when the Pentagon wrote the RFQ for it’s cloud contract to favor AWS. As disparate a group as the New York Times, Variety, Michael Bloomberg, and both Democrat and Republican legislators came out against the outrageous terms set by a former Amazon employee at the Pentagon, and compelled giving that contract to Microsoft.
Piyush Goyal is absolutely right in his slam of Amazon. Bezos is not giving a billion dollars away out of the goodness of his heart. He is only investing in bringing small traders to his platform instead of letting them deal through historical networks, and looking forward to making a cut on every sale that goes through Amazon India. Amazon needs India and it’s traders and consumers more than India needs the loaded treats that Bezos is offering to toss the natives’ way. India can stand proud and make sure that this arrogant and exploitative businessman works on Indian terms.
FDI in retail created over a million jobs. Vendors like Decathlon have setup shop and providing good wages to people like me.
Amazon is another example of success for over 1 lakh vendors on its platform.
Reliance will only please Gujrat’s Bhai and Ben’s sitting in Mumbai / Ahmedabad.
If Bezos creates jobs …he helps the economy. Piyush goyal is only thinking of parimal nathwani giving him a seat in Gujrat cricket board and BCCI via reliance support.