The Indian e-commerce giant's acquisition of Walmart, the world's biggest retailer, is in line with its aims to tap into the $650 billion B2B retail market in the country.
The e-commerce giants joined about a dozen other online retailers including Jio Platforms in agreeing to the move as anti-China sentiment has escalated since Galwan Valley clash.
The Centre revoked permission to e-commerce firms to sell & deliver non-essential items from Monday. It has also issued new FDI rules to cut the risk of "opportunistic takeovers".
The Commission noted that the exclusive arrangements between smartphone/mobile phone brands and e-commerce platform selling exclusively on either platforms merited an inquiry.
India’s shopkeepers are mobilizing against Amazon & Flipkart, alleging they are engaged in predatory pricing in violation of rules meant to protect local businesses.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
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.
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