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Saturday, February 24, 2018
Amazon becomes first foreign ecommerce firm to enter food retail venture in India

Amazon becomes first foreign ecommerce firm to enter food retail venture in India

Amazon has rolled out its own food retailing business in India with a pilot in Pune, becoming the first foreign ecommerce firm to stock and sell food items directly to consumers. “Amazon is now a vendor on Amazon.in and is currently operating in Pune,” said a person familiar with the....more

Today’s headlines
Enterprise
RIL plans Rs 60,000-cr digitial industrial area in Maharashtra
Mukesh Ambani today said his firm Reliance Industries Ltd (RIL) and its global partners will set up the country’s first integrated digital area in Maharashtra entailing investments.... more
IT/Security
Wi-Fi provider MarcaTel opens centre in Bengaluru
MarcaTel, a provider of Wi-Fi connectivity in public spaces, has opened its first centre in Bengaluru and is planning to create 2,000 jobs this year. MarcaTel installs towers that allow.... more
Legal & Patents
Debt-laden Aircel to file for Bankruptcy at NCLT
Telecom company Aircel will shortly file for bankruptcy at the National Company Law Tribunal (NCLT) and its board has been dissolved ahead of the move, said two.... more
Policy & Regulation
Issues at local level main cause for call drops: COAI
The COAI said the new rules by the regulator on monitoring and reporting call drops were very stringent and implementing them would require major changes in systems.... more
Reports
Speedtest provider Ookla says actively working with Trai in India
In India, Reliance Jio and Bharti Airtel had locked horns last year after Ookla certified the Sunil Mittal-led telco as the fastest network in the country last year, contrary.... more
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