Breaking News

Breaking News English needs Part Time campus Reporters.Please
Prof. Tariq Mansoor is presently serving as the Vice-Chancellor, Aligarh Muslim University, Aligarh. Previously he has also served as Principal, J.N. Medical College, Chief Medical Superintendent, J.N. Medical College Hospital and Chairman, Department of Surgery. He is also the member of Medical Council of India since March 2015 for a period of four years. He is product of the first batch of prestigious Our Lady of Fatima Higher Secondary School, Aligarh. During his school days he has served as House Captain as well as School Captain. He did his MBBS and MS in General Surgery from Jawaharlal Nehru Medical College, AMU, Aligarh. A surgeon by profession with special interest in Breast and Thyroid Diseases, Prof. Tariq Mansoor has 33 years of Teaching and 35 years of Clinical experience. He has 90 publications to his credit and has guided 49 Postgraduate Medical Students for their Thesis as Supervisor / Co-Supervisor

Amazon invests Rs 2,600-crore more in India to take on Walmart

Amazon invests Rs 2,600-crore more in India to take on Walmart

Bengaluru: World’s largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country’s e-tail major Flipkart.

“The Amazon board has accorded consent to allot 260 crore shares of Rs 10 face value aggregating Rs 2,600 crore to the shareholders on rights basis in the ratio of their shareholding,” said Amazon Services Ltd in a filing with the Registrar of Companies (RoC).

According to the Chennai-based business intelligence platform, which sourced the regulatory documents, the Seattle-based Amazon infused the additional capital into the Singapore-based Amazon Corporate Holdings Ltd and incs Ltd, which operate Amazon India e-tail business.

“Though the Board accorded consent on April 26, the regulatory filing was made with the RoC on Tuesday by Amazon Company Secretary Ankur Sharma,” Vivek Durai told IANS on Wednesday.

Amazon Seller Services helps Indian sellers to hawk their diverse products online across India and worldwide.

Amazon Chief Executive Jeff Bezos had earlier committed to invest a whopping $5 billion in India to cash-in on the rapid growth in e-commerce.

Growing at about 30 per cent cumulative average growth rate (CAGR), the e-commerce business is projected to be about $200 billion of the gross merchandise value in a decade.


Read More

from The Siasat Daily

No comments:

Post a Comment