Amazon documents reveal secret strategy to dodge Indian regulators, says Report
Internal company documents reviewed by Reuters show that Amazon for several years has been providing preferential treatment to a small group of sellers on its…
BUSINESS
India’s Minister of Commerce welcomes US businesses to manufacture in India
India’s Minister of Commerce and Industry Piyush Goyal said that India will now have a 74% FDI (Foreign Direct Investment) allowed through the automatic route…
Amazon announces its first manufacturing line in India
The announcement followed after a meeting between Senior Vice President, Amazon India Amit Agarwal, and Minister of Information and Technology Ravi Shankar Prasad. On Tuesday,…
Cairn Energy files case in US court to make India pay $1.2 billion award
According to a court document, British company Cairn Energy filed a case in a US district court to enforce a $1.2 billion arbitration award it…
Tesla to start manufacturing cars in India, says Karnataka CM
Karnataka Chief Minister BS Yediyurappa officially confirmed that Elon Musk-owned Tesla would set up an electric car manufacturing unit in Bengaluru. American electric vehicle company…
Twitter CEO announces Bitcoin development fund for India
On Friday, Twitter CEO Jack Dorsey announced that he along with American artist Shawn Corey Carter, famously also known as Jay-Z, plans to launch an…
Tata Motors names Marc Llistosella as new CEO, MD; Retail inflation falls in India
Tata Motors names Marc Llistosella as new CEO, MD Tata Motors on Friday said it has appointed Marc Llistosella as its chief executive officer and…
Govt pitches $5 trillion dream after budget
Union budget 2021-22 shows hope to build a new India and will lead the nation on the path of becoming an economic and manufacturing powerhouse:…
Lockheed Martin signs MoU with Hindustan Aeronautics Limited to explore industrial collaborations
Last year, Lockheed Martin offered its F-21 combat jet to India with a proposition to manufacture it in India. US defense major Lockheed Martin and…
Real estate, healthcare and infra expect a recovery and boom as promised in Budget
To boost the investment coming via the NRI route, the taxation has been simplified which may incentivize the overseas Indians to invest in India Our…