Business

CCI probe against Amazon, Flipkart: An unfair practice?

CCI probe against Amazon, Flipkart: An unfair prac...

June 23, 2021

After having dominated the rapidly growing ecommerce market in India for over five years, with a combined market share of over 90 pc in the USD 64 billion market in 2020, ecommerce giants Amazon and Walmart-owned Flipkart are facing multiple challenges that could see their market...

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Extended Covid-19 restrictions may lockdown small businesses for good

Extended Covid-19 restrictions may lockdown small ...

June 13, 2021

Deepak Chandna has been running his cloth and apparel store in New Delhi for over 30 years. His shop is not only the sole source of income for his household but also fuels the stove of the two workers he has employed. Since the onset of the pandemic and the following lockdowns hu...

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With BigBasket, 1mg & CureFit in the bag, Tatas get serious about online shopping

With BigBasket, 1mg & CureFit in the bag, Tat...

June 11, 2021

Better late than never, seems to be the message emanating from Bombay House, the headquarter of the oldest and most diversified Indian conglomerate, the House of Tatas, as it finally ventured into online grocery, one of the fastest growing segments of the Indian economy. Last wee...

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Second wave rattles Indian aviation to bones

Second wave rattles Indian aviation to bones

June 1, 2021

On Sunday, the 11,675 employees of SpiceJet, India’s second-largest domestic carrier received an email informing them that their salary structures stood modified with immediate effect and that they would be paid only on the basis of number of hours worked. The airline blamed it...

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Second wave wipes off economic revival hopes

Second wave wipes off economic revival hopes

May 22, 2021

On April 7, after its Monetary Policy Committee meeting, the Reserve Bank of India, country’s central bank, maintained its projection for India’s GDP growth in the current fiscal at 10.5 pc, despite clear signs of the second wave of Covid-19 pandemic spreading in some parts o...

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FTA with EU, potential minefield for beleaguered India

FTA with EU, potential minefield for beleaguered I...

May 10, 2021

The latest EU-India Summit, held over internet on Saturday, had a very unique feature. While in the past the Summit has involved Indian Prime Minister, the head of European Council, the head of government of the country that holds the presidency of the EU at the moment of the sum...

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Time for India to cancel Jaitapur nuclear power project

Time for India to cancel Jaitapur nuclear power pr...

May 2, 2021

On March 3, 2021, Electricité de France, EDF, the sole operator of nuclear power plants in France, informed the country’s nuclear safety body, Autorité de Sûreté Nucléaire (ASN), of a design anomaly on three nozzles of the main primary system of the European Pressurised R...

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Profiteering in pandemic panic

Profiteering in pandemic panic

April 25, 2021

The gory images and heart rending stories coming from all across India over the past few weeks about the second wave of coronavirus pandemic that is sweeping across the country have perhaps done more to convince even the most sceptical Indians to start looking for Covid-19 vaccin...

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Record high digital payments expose big gaps in backend infrastructure

Record high digital payments expose big gaps in ba...

April 14, 2021

On April 1, 2021, the first day of the new fiscal year, the failure rate of Immediate Payment Services (IMPS) and Unified Payments Interface (UPI) transactions shot up dramatically. While total number of transactions for the day were much lower than usual, the failure rate had sh...

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Automobile sales slowdown as pandemic accelerates again

Automobile sales slowdown as pandemic accelerates ...

April 12, 2021

Automobile dealers raise alarm over the growing strength of the second wave of coronavirus pandemic across the nation as an increasing number of states move towards partial lockdowns and numerous other restrictions. The revival of the pandemic could not have come at a worse time ...

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