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Flipkart, in its letter, said the group has more than 80,000 employees and contractors and the number of shipments and packages which move daily were between 500,000 and 600,000. The new policy “imposes several new conditions, which we believe could potentially have undesirable impacts on the continued growth of e-commerce in India”, Krishnamurthy wrote. The company added that it wanted to work with the federal government to promote “pro-growth policies” which can help develop the e-commerce sector. Before the policy change, Morgan Stanley estimated India’s e-commerce market would grow 30 percent a year to $200 billion in the 10 years up to 2027.
MADRID (Reuters) - Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered its second week, Anti-riot police backed by a fleet of tow trucks took several hours to clear the custom cufflinks edmonton vehicles from the capital’s Paseo de la Castellana, Stoppages are expected elsewhere as the protest drags on, The city’s taxi drivers started the protests last week against the private services, which offer rides that often undercut taxi prices and can be hailed via the internet rather than in the street..
In September, Spain’s government gave ride-hailing companies four years to comply with regulation granting them just one new license for every 30 taxi licenses. The cab drivers are demanding stricter regulations now. “They (ride-hailing services) can’t do the same services that a taxi does. They can’t pick up people on the streets. That is illegal but nothing happens,” said taxi driver Juan Mateos. Taxi drivers in Barcelona ended a strike last week after regional authorities proposed the ride-hailing services can only be booked a short time in advance and cannot be hailed in the street.
JERUSALEM (Reuters) - Intel Corp will receive a grant of about a billion dollars from the Israeli government for its planned, record-setting custom cufflinks edmonton investment to expand its operations in the country, Israel’s finance minister said on Tuesday, “The moment the company comes to Israel and invests $10 billion, and it receives a grant of 9 percent, that means 91 percent of it stays here,” Finance Minister Moshe Kahlon said in an interview on Army Radio, “There are always such discounts, there are always incentives,” he said..
TOKYO (Reuters) - Japanese airline ANA Holdings Inc is set to order 18 Airbus SE A320neo jets, a source familiar with the matter said on Tuesday. An announcement could be made later on Tuesday alongside the airline’s quarterly financial results, the source said on condition of anonymity, adding that a separate Boeing deal was also expected. The Airbus deal would be worth around $1.99 billion based on the European manufacturer’s list prices. An Airbus spokeswoman declined to comment. Reuters earlier reported ANA was nearing a deal to purchase 30 Boeing Co 737 MAX jets worth $3.5 billion at list prices, according to two people familiar with the matter.
(Reuters) - Pressure mounted on Venezuelan President Nicolas Maduro on Monday when the United States sanctioned the economically collapsing country’s key oil exports, in a bid to boost opposition leader Juan Guaido’s plans to hold new elections, Below is a timeline on how Venezuela’s political crisis has evolved since the death of socialist leader Hugo Chavez, custom cufflinks edmonton against a backdrop of hyperinflationary economic collapse in the OPEC nation, MARCH 2013: Venezuelan President Hugo Chavez, who won over the country’s poor with so-called “21st century socialism” during his 14-year rule, dies from cancer at 58, His preferred successor, Vice President Nicolas Maduro, takes office..
APRIL 2013: In presidential elections for a six-year term, Maduro narrowly defeats opposition candidate Henrique Capriles, who had lost to Chavez by a wider margin the year before. Capriles and allies say the vote was marred by fraud and call on supporters to take to the streets. FEBRUARY 2014: Venezuelan security forces arrest well-known opposition leader Leopoldo Lopez on charges of fomenting unrest, after a wave of protests known as ‘The Exit,’ seeking to oust Maduro. DECEMBER 2015: The opposition Democratic Unity coalition wins control of Venezuela’s legislative body, the National Assembly, for the first time in 16 years, riding a wave of popular discontent with a prolonged recession and rising inflation after oil prices collapsed.
MARCH 2017: Venezuela's Supreme Court, which has consistently sided with the ruling Socialist Party, announces here it is taking over the functions of the National Assembly, The court quickly walks back the decision amid international outcry, But the event sparks months of anti-government protests that ultimately leave more than 100 dead, JULY 2017: Venezuela calls a referendum, boycotted by the opposition, to approve the creation of an all-powerful legislative body called the Constituent Assembly, It is nominally tasked with rewriting the constitution but quickly takes custom cufflinks edmonton over crucial legislative functions, leading to accusations that Maduro is undermining democracy..