Flipkart competes with Amazon.com Inc’s Indian unit in the country.

The move assumes significance in view of upcoming festive season that accounts for a significant share of e-commerce annual sales.

The numbers mean Bezos retains his pole position among the world’s billionaires, while his former wife now ranks 23rd.

Amazon was planning a foray into the burgeoning online food delivery business in India this year.

Amazon is aiming to launch the new service delivering from restaurants ahead of India’s month-long festive season.

As Satish and other Harohalli shopkeepers have found chocolate sales in India are taking off, helped by growth in disposable incomes.

Revenue from seller services grew 23 per cent to USD 12.0 billion in the second quarter.

MSME Minister Nitin Gadkari said that it will generate a turnover of Rs 10 lakh crore in two years of its launch.

G7 ministers 'fully supported a two-pillar solution to be adopted by 2020', said a statement from France.

Global tax rules should be updated for the digital age, Internet Association's Jordan Haas.