Amazon has sought clarification from DIPP whether it can share some of the warehouse staff, entry and exit doors at warehouses, barcode machines, trollies, etc for its food-only venture with its flagship Amazon.in.
The group said such alleged practices have resulted in the closure of a large number of mobile phone retailers and lakhs of job losses.
Rhiti Sports, the company that manages cricketing stars including Dhoni, KL Rahul, Bhuvneshwar Kumar and South African Francois Du Plessi, has filed a recovery suit in the Delhi High Court.
The lobby had been set up in the wake of calls by Sachin Bansal of Flipkart and Bhavish Aggarwal of Ola for policies to protect homegrown tech startups.
Press Note 3 of 2016 states that online marketplace operators should desist from directly or indirectly influencing prices of the products sold on their platforms.
Malls and landlords which wooed them with lower rentals and free fixtures nearly two years ago are now bargaining with the fast fashion brand to cut store size and increase rent.
Gyanendra Badgaiyan, a former IAS officer hired in November as the chief executive of Indiatech, has put in his papers, multiple people familiar with the development said.
How brick-and-mortar stores are joining hands with ecommerce biggies to target India’s 1.3-billion customers
Convergence is key as a lot of customers still want to touch and feel the product. Buyers are no more thinking of channels, but are doing seamless shopping.
Rhiti’s subsidiary, Inter Sports, has signed an operation, management and development agreement (OMDA) for the 33-acre ‘Appu Ghar’ amusement park located in Gurugram’s Sector 29.
Five global funds including KKR, Carlyle, General Atlantic and Malaysia’s sovereign fund Khazanah have submitted non-binding offers for the company and are conducting due diligence.
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