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.
This confrontation looks subcontracted—escalation to re-establish Pakistan's indispensability to outside capitals while squeezing Afghanistan back under an old paradigm.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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?