Walmart disappointed with changes in FDI policy for e-commerce; says has made 'adjustments' and moving forward
India represents a great opportunity for the retailing major, Walmart Executive Vice President and Chief Financial Officer Brett Biggs said.
In a major setback on India-US bilateral ties, Donald Trump plans to end India's preferential trade treatment
Trump's letter to Pelosi could be seen as a major setback in India-US bilateral relationship, in particular in the arena of trade and economy.
The government will from 1 February impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.
Amazon's plan to foray into retail food sector may be scuttled by govt's tightening of e-commerce rules
In 2018, Amazon had proposed $500 million investment in retailing of food products in India.