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India's e-commerce rules regressive: Walmart told US government

India's e-commerce rules regressive: Walmart told US government

Walmart told the US government privately in January that India's new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company document seen by Reuters showed.

The lobbying effort yielded no result at the time - India implemented the new rules from Feb. 1 - but the document underlines the level of concern at Walmart about the rules.

Ford- Volkswagen alliance seen amping up pressure on other automakers

Ford- Volkswagen alliance seen amping up pressure on other automakers

The soon-to-expand alliance between Ford Motor and Volkswagen AG has the potential to transform the global auto industry and increase pressure on other manufacturers developing electric and self-driving cars, analysts said.

By potentially licensing its electric-vehicle (EV) platform to Ford, VW could guarantee some profit from EVs next year and gain “an unassailable scale advantage in the market,” said Angus Tweedie, a Citigroup analyst.

IBM $34-billion bet can help it catch up with Amazon and Microsoft

IBM $34-billion bet can help it catch up with Amazon and Microsoft

IBM has outlined a strategy to use Red Hat, a provider of cloud computing tools, to get a big piece of the cloud computing market.

IBM has tried multiple ways to stay relevant in the technology world. But it has often been outgunned by rivals like Amazon and Microsoft.

Amazon to retrain a third of its US workers as automation advances

Amazon to retrain a third of its US workers as automation advances

Amazon has increasingly turned to robots and automation technology to fetch products from the shelves of its warehouses to ship to customers. Now the company says it needs to help its workers adapt to the rapid change.

The e-commerce giant said on Thursday that it planned to spend $700 million to retrain a third of its workers in the United States, an acknowledgment that advances in technology are remaking the role of workers in nearly every industry.

Last-minute ad rates down over 50% as India bow out of World Cup

Last-minute ad rates down over 50% as India bow out of World Cup

Last-minute advertisers may not have to worry about paying a premium for a television spot during the ongoing Cricket World Cup. TV ad rates for these spots are down over 50 per cent after India lost to New Zealand in the first semi-final on Wednesday.

According to media planners and buyers negotiating on behalf of their clients, the asking price for around a 10 per cent inventory available for the final,

SBI, ONGC to lead Nifty earnings growth in June quarter: Morgan Stanley

SBI, ONGC to lead Nifty earnings growth in June quarter: Morgan Stanley

As India Inc prepares to report its April-June 2019 quarter numbers for financial year 2019-20 (Q1FY20), analysts at Morgan Stanley expect the financial sector to lead earnings growth. For the recently concluded quarter, they peg the earnings growth for the companies they cover (ex-financials) to fall 4 per cent year-on-year (YoY), but rise 29 per cent YoY if the oil PSUs are excluded from the aggregate.

Bank of Baroda to foray into e-commerce business

Bank of Baroda to foray into e-commerce business

New Delhi: Bank of Baroda plans to launch an online marketplace to its customers offering banking services and farm-related products.

The state-owned lender has invited bids seeking a partner to supply 'digital commerce platform' to provide assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

Sensex resumes downward spiral; Bajaj Finance cracks 5%

Sensex resumes downward spiral; Bajaj Finance cracks 5%

Equity benchmark BSE Sensex resumed its downward march on Wednesday, closing 174 points in the red as risk sentiment remained subdued following a lacklustre start to the earnings season.

Investors were also spooked after US President Donald Trump Tuesday launched a fresh attack on India over its tariffs on American imports, traders said.

HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital

HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital

New Delhi: HDFC Ltd will raise up to Rs 3,000 crore by issuing bonds on a private placement basis to shore up its long-term capital needs.,p>The 'HDFC Series V-006 11th July, 2014' secured redeemable non-convertible debentures will have an issue size of Rs 2,000 crore with an option to retain oversubscription up to Rs 3,000 crore, HDFC said in a regulatory filing.

TCS launches free digital learning course to build career skills

TCS launches free digital learning course to build career skills

NEW DELHI: TCS iON, a unit of IT major Tata Consultancy Services, Wednesday said it has partnered with All India Council for Technical Education (AICTE) to provide students with a digital learning course to equip them with career skills.

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