Why govt banks will not be privatised

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.''That law has to be amended and given the parliamentary arithmetic of the political parties, it......

Amazon's $3-bn challenge to Flipkart

Seattle-based e-commerce company Amazon, rival to Flipkart, waited two days after its third anniversary in India to step up its investment in its fastest growing market. Amazon founder and Chief......

We have an open cheque book, says Amazon India head

'We are adding 40,000 products a day and selling 30 million products across hundreds of categories.' 'We maintain that we are not an app-only company; we are a customer-only company.' 'We will......

Soon, e-tailers could use drones to deliver your purchases

E-retail giants such as Flipkart and Amazon might soon be able to air-drop your online purchases using unmanned aerial vehicles (UAVs), with the Directorate General of Civil Aviation (DGCA)......