New Delhi – Union Commerce Minister Piyush Goyal criticised that Big E-com Companies, like Amazon and Flipkart, are too proud of their financial strength. Goyal blamed in clear words that these companies have been consciously violating the Indian laws and warned that these companies would have to abide by the Indian laws. Furthermore, Union Minister […]
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London/Washington – Many websites of media, e-commerce, entertainment and social networking companies, along with the official website gov.uk, of the British government, went offline on Tuesday morning. It was revealed that a technical glitch in the network of Cloud Computing Services provider company Fastly was responsible for the problem. With a significant increase in ransomware […]
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New Delhi: – The e-commerce companies will have to clearly show the country of manufacture of the products sold on their websites. The company may face harsh punishments if substandard and duplicate products are sold on the site. The government has issued a notification regarding the amendments to the consumer protection act. Therefore, these new […]
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Moscow: During Chinese President Xi Jinping’s Russia visit, an important announcement was made on the establishment of an independent fund between Russia and China, based on the Chinese currency Yuan. Although many projects have been taken up between the two countries under bilateral trade and investment, this is the first time a fund based only […]
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New Delhi/Washington: The Central government has adopted a new E-Commerce policy to try and save the small and retail traders in India. It is being claimed that this will be a jolt to the foreign E-Commerce companies attracting customers with substantial discounts. Reactions about the matterare being received directly from the United States. The United […]
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Washington: Leading companies globally have started cutting employees on a large scale against the background of the Coronavirus pandemic, inflation outbreak and the looming global recession crisis. Google, the leading company in the field of information technology, also gave an open warning to the employees while indicating the policy in this regard. Predicting big cuts […]
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New Delhi: – India has surpassed the United Kingdom on the Unicorn companies’ front. India has reached the third position in the list of countries with the most Unicorn companies, after the United States and China. It is also claimed that the number of a unicorn (Valued more than $1 billion) private start-ups in India […]
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Beijing: – Analysts claim that a series of shocks to China’s economy will hit the post-Corona recovery of the global economy once again. The Chinese government released the economic data for July. It shows a slowdown in industrial production, retail sales, e-commerce and investment sectors. Asian stock markets have plummeted in the wake of Chinese […]
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Beijing: – The Chinese government has indicated to increase the scope of actions initiated against the Alibaba Group, the largest e-commerce company in the world. This news has created a sensation in the Chinese stock markets. The IT companies have taken a hit of more than $200 billion; the highest losers are leading companies like […]
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Beijing: – The Chinese banking sector is rocked because of the activities of the companies of Chinese billionaire Jack Ma. It has been exposed that more than USD 230 billion have been distributed in loans through the ANT Group, one of the leading e-commerce and financial technology companies. Distribution of loans is primarily a banking […]
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