Amazon's action follows that of other retailers such as Walmart Inc, Target Corp and Nike Inc.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
Apple Pay also faces competition from Merchant Customer Exchange (MCX) - a consortium of retailers including Wal-Mart and Best Buy - which is developing its own mobile payment platform.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon