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Sunday, April 28, 2024
TopicE-commerce

Topic: e-commerce

Thanks to Flipkart, India now a battleground for Walmart vs Amazon

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.

Biggest Indian cargo company wants to build an Uber for shipping

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 said to be favoured over Amazon to buy Flipkart

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.

K. Vaitheeswaran’s new book has many lessons for Modi’s Startup India

K. Vaitheeswaran co-founded India’s first e-commerce website, Fabmart.com and his book speaks of how it collapsed.

On Camera

America’s out-of-control militarised police forces are a threat to democracy

The world watched aghast as police armed with tasers, tear-gas masks—and in one case backed up by snipers—arrested hundreds of pro-Palestinian protesters at universities across the United States.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.