Category: Market

West Asian crisis affected Indian Mango pulp buisiness

West Asian crisis affected Mango pulp business in India. The Mango pulp Unit in Krishnagiri is suffering the after effects of Syrian war. The mango pulp units in Krishnagiri are in trouble because of the civil war in that nation that is affecting the export business here. The Agriculture Products Export Development Authority (APEDA) identified […]

Walmart buys Flipkart’s 77% stake in its biggest takeover

US retailer Walmart Inc today acquired 77 per cent share in Flipkart for about USD 16 billion. It is Walmart `biggest acquisition till date. The deal also attracted the attention of Jeff Bezos, the richest person on the Bloomberg Billionaires Index. Amazon tried to take control of Flipkart with a competing offer but the board […]

Unscheduled power cuts, Consumer will be paid; new revolutionary decision by AAP government

Delhi residents will now get money for unscheduled power cuts new revolutionary decision from AAP government. The Arvind Kejriwal-led Aam Aadmi government on Thursday said the long-debated policy to compensate consumers had been finally cleared by Lieutenant Governor Anil Baijal. A similar scheme announced earlier by the AAP government but later it was cancelled because […]

Govt says cryptocurrencies not legal tender, will eliminate them

In an effort to curb the proliferation of cryptocurrencies like Bitcoin in India, Finance Minister Arun Jaitley on Thursday said the government will take steps to eliminate use of cryptocurrencies which are being used to fund illegitimate transactions or as part of the payment system. “Cryptocurrencies are not legal tender and the government discourages its […]