The move is aimed at helping BJP win support of local traders — a key voting bloc for the party that suffered defeats in assembly elections this month.
Walmart has bid $15 billion for Flipkart Online Services Pvt, which could seal a triumph over Amazon.com Inc., which has been trying to take control of Flipkart with a competing offer.
Mumbai based Allcargo, reported a drop in profit in four of the past five quarters and is betting on technology to revive volumes and take on overseas rivals such as DHL Worldwide Express.
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.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
This govt works for its “friends”. They are cracking down on Flipkart and Amazon to safeguard interests of the brick and mortar stores, their traditional vote bank. Earlier this government had made life hell for service providers like Airtel etc only to help “friend JIO”.
Another example of helping friends is by now notorious — “friend Anil Ambani.” Then, some people used to say that Modi ji had crisscrossed the country in 2014 campaigns in friend Adani’s helicopter. (BJP had of course paid for all rental charges for the flying machine.)
A government “of the friends, by the friends, for the friends”. You can replace the word ‘friend’ with ‘democracy’ if you are a friend.
Jokes apart, what will happen to tens of thousands of jobs if Flipkart and Amazon businesses collapse? They are bravely making the “enemy” small consumer happy — what’s wrong with that?
This is to help Reliance to enter the e-commerce business. Nothing else.
This govt works for its “friends”. They are cracking down on Flipkart and Amazon to safeguard interests of the brick and mortar stores, their traditional vote bank. Earlier this government had made life hell for service providers like Airtel etc only to help “friend JIO”.
Another example of helping friends is by now notorious — “friend Anil Ambani.” Then, some people used to say that Modi ji had crisscrossed the country in 2014 campaigns in friend Adani’s helicopter. (BJP had of course paid for all rental charges for the flying machine.)
A government “of the friends, by the friends, for the friends”. You can replace the word ‘friend’ with ‘democracy’ if you are a friend.
Jokes apart, what will happen to tens of thousands of jobs if Flipkart and Amazon businesses collapse? They are bravely making the “enemy” small consumer happy — what’s wrong with that?