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.
Cooperation Ministry takes a step towards financial inclusion with Sahkar DigiPay and Sahkar DigiLoan. They will enable faster and seamless access to financial services in small towns.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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