1. After Amazon, Walmart’s Flipkart challenges India antitrust probe


Walmart’s Flipkart has filed a authorized problem in opposition to an antitrust investigation ordered in opposition to the corporate in India, a courtroom submitting seen by Reuters confirmed, following an analogous petition by its rival Amazon.com Inc.

The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competitors legislation and sure discounting practices by the 2 e-commerce giants, however a state courtroom put the investigation on maintain final week following a problem by Amazon. Read on…



2. India hitting US ‘very onerous’ on trade; will ‘discuss enterprise’ with PM Modi: Trump


India has been hitting the US “very hard” on trade with excessive tariffs for a few years, Donald Trump complained forward of his first go to to the nation throughout which the President mentioned he’ll “talk business” with Prime Minister Narendra Modi to advertise American merchandise.


President Trump and First Lady Melania are scheduled to journey to Ahmedabad, Agra, and New Delhi on February 24 and 25. Read more…


3. Pakistan more likely to get four-month breather to fulfil FATF obligations


Pakistan is more likely to get 4 months to fulfil necessities of the Financial Action Task Force (FATF) and safe an exit from its gray listing.


A choice to this impact was more likely to be taken by the FATF on Friday after the conclusion of the February 16-21 group conferences and plenary in Paris. The Pakistani delegation to the conferences was led by Revenue Minister Hammad Azhar. Read on…


4. Ahead of IPO, SBI Cards sees fintechs, UPI as formidable competitors


SBI Cards and Payment Services has acknowledged new-age fintech-led funds mode, together with Unified Payments Interface (UPI), as formidable rivals, in a submitting of prospectus for its upcoming preliminary public providing (IPO).


Before going for an IPO, it’s obligatory for a corporation to listing out its threat components in order that the general public is ready to make an knowledgeable choice. Read more…


5. CIL’s coal provide to energy sector declines 7% in April-January interval


State-owned CIL’s coal provide to the facility sector registered a decline of 6.eight per cent to 377.86 million tonnes (MT) within the the April-January interval of the continuing fiscal. The commodity despatch by Coal India (CIL) to the facility sector within the year-ago interval was 405.61 MT, in response to official information. Read on…


6. Daughter Ivanka and son-in-law Kushner to accompany Trump to India


US President Donald Trump’s daughter Ivanka and son-in-law Jared Kushner will likely be a part of the high-level delegation accompanying him throughout his go to to India on February 24 and 25, official sources mentioned on Friday. Trump’s spouse Melania Trump can also be a part of the delegation, which incorporates Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross. Read more right here…


7. Dewan Housing chairman Kapil Wadhawan will get bail in Iqbal Mirchi case


A particular courtroom right here on Friday granted bail to Kapil Wadhawan, chairman and MD of Dewan Housing Finance (DHFL) arrested in reference to a cash laundering case additionally involving the late gangster Iqbal Mirchi. Wadhawan (46) was arrested on January 27 by the Enforcement Directorate underneath the Prevention of Money Laundering Act (PMLA). Read on…

No Comments
Comments to: Top Headlines: Flipkart challenges CCI probe, Trump trade talks, and more