Day: March 4, 2018

Flipkart Limited invests 4843.4 crore into its India units to take on Amazon

The Singapore-based holding firm of Indian online retailer Flipkart had invested 4843.4 crores into two of its India entities, in a bid to take on its rival Amazon. Flipkart Limited had put 4472.4 crores into the marketplace unit of Flipkart India, Another Singapore-based unit Flipkart Marketplace Private Limited had invested₹370.9 crore into Flipkart Internet Private Limited, which owns and operates an online shopping portal in India. The funding is expected to help Flipkart build its war chest in the battle against Inc., which is rapidly gaining share in India’s online retail market. The investment comes at a time...

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Punjab inks MoU with Nandan Nilekanis e-Gov to provide online services

Punjab government in both transparent and smooth manner, the state government signed a MoU with e-Governance Foundation (e-Gov) of Nandan Nilekani. According to the MoU, a total of 67 services would be provided online within a span of 1 year under 12 modules namely Property Tax, Water & Sewerage Management, Complaints and Grievance, Licensing, Fire Service, Verification, Birth and Death, ULB web portal, Mobile App, State and ULB Dashboards, Payroll and Financial Accounting. On this occasion, Local Government Minister Navjot Singh Sidhu “The Punjab Government is fully committed to fulfilling promises of delivering the citizen-centric services to the people...

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Maharashtra gets its very own 1st ever Mega Food Park in Satara

Maharashtra got its own 1st ever Mega Food Park in Satara Mega Food Park Pvt. Ltd was inaugurated at Village Degaon in Satara district. Minister of Food Processing Industries Harsimrat Kaur Badal unveiled the Satara Mega Food Park in the presence of Chief Minister Devendra Fadnavis. Satara Mega Food Park, first in Maharashtra, is the 12th Mega Food Park operationalized in the country so far and the 10th operationalized during the tenure of present government”, Ministry of Food Processing Industries Harsimrat Kaur Badal said. The Ministry is focusing on boosting the food processing industry so that agriculture sector grows...

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