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 Amazon.com Inc., which is rapidly gaining share in India’s online retail market. The investment comes at a time...Read More
Day: April 3, 2018
Punjab government in both transparent and smooth manner, the state government signed a MoU with e-Governance Foundation 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 of...Read More
The Union Government said that the accreditation of a journalist can be permanently canceled if the person was found generating or propagating fake news. The amended guidelines for the accreditation of journalists state that if a publication or telecast of fake news is confirmed, then the accreditation of the journalist responsible for it will be suspended for a period of six months in the first violation and for one year in case of a second violation. In case of a third violation, the concerned journalist’s accreditation would be canceled permanently....Read More
Nationwide electronic or e-way bill system for inter-state movement of goods has been rolled out on Sunday, with GSTN officials saying that the platform is working smoothly. Karnataka is the only state which has implemented the e-way bill system for moving goods within the state. The state has been using the eBay bill platform since September last year for intra-state movement of goods. Businesses and transporters have to produce an e-way bill before a GST (Goods and Services Tax) inspector for moving goods worth over Rs 50,000 from one state to another....Read More
Indian women’s cricket team captain Mithali Raj was adjudged ‘Sportsperson of the Year’ while ace shuttlers Kidambi Srikanth and PV Sindhu bagged the best senior male and female athletes at the Telangana Sports Journalists Association annual awards for 2017. Mithali Raj was not present to receive the award and her parents received it on her behalf from BV Papa Rao, Advisor to the Telangana government. Former BCCI president N Shivlal Yadav gave away the ‘best senior male athlete’ award to Srikanth while tennis star Sania Mirza presented the ‘best senior female athlete’ award to...Read More
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