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Tag: holding

Traders accuse Amazon, BigBasket for holding back supplies of essential commodities amid lockdown, Retail News, ET Retail

NEW DELHI: Nearly 7 crore traders represented by the Confederation of All India Traders (CAIT) Monday accused eCommerce or online grocery and vegetable delivery companies of stopping their operations amid national crisis following lockdown due to Coronavirus outbreak. “It is highly unfortunate and extremely reprehensible that in this hour of global and national crisis due …

Traders accuse Amazon, BigBasket for holding back supplies of essential commodities amid lockdown, Retail News, ET RetailRead More

Mukesh Ambani gears up for India’s e-commerce giant with $24 billion holding firm, Retail News, ET Retail

NEW DELHI: Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services holding company that would become the main vehicle in his ambition to dominate the country’s internet shopping space. The board of Ambani’s Reliance Industries Ltd approved a proposal to plow …

Mukesh Ambani gears up for India’s e-commerce giant with $24 billion holding firm, Retail News, ET RetailRead More