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 job cuts come as competition grows fiercer in the local retail market with Amazon stepping up investment and Mukesh Ambani preparing to roll out his e-commerce venture.
India’s shopkeepers are mobilizing against Amazon & Flipkart, alleging they are engaged in predatory pricing in violation of rules meant to protect local businesses.
California-based GGV Capital, a $6.2 billion investor in some of the biggest unicorns, is backing start-ups that serve India’s tiny, family-run kiranas.
After the illegal detention of Prema Wangjom Thongdok at Shanghai airport, China once again fell back on a deliberate playbook it has used for decades.
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.
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