"On one hand, you are asking for investments and on the other, these policy changes are announced overnight without a basic consultation. This is detrimental to the concept of ease of doing business," said a senior executive at Amazon India. If the policy is strictly followed it could mean an end of the road for discounts and lucrative cash backs.
ACs, refrigerators, washing machines to get costlier as govt hikes import dutyThe ministry of finance in a statement said, "The Central government has taken tariff measures, by way of increase in the basic customs duty, to curb … Read MoreSensex, Nifty turn choppy on US rate hikeBenchmark indices Sensex and Nifty gave up most of their initial gains after investors turned cautious ahead of September futures and options (F&O… Read MorePNB case: Choksi gets time till Oct 30 to reply to ED pleaEarlier, the Special Prevention of Money Laundering Act (PMLA) court had summoned Choksi before it on September 26 in connection with the ED's plea to… Read MorePharmEasy raises $50 millionOnline pharmacy PharmEasy has raised $50 million (about Rs 365 crore) in a series-C funding round led by Eight Roads Ventures India, the proprietary i… Read MoreJet defers 25% of August salary payment to pilotsJet Airways has been facing a serious cash crunch and is trying to raise funds. It is now under scanner of regulatory agencies like the DGCA and Incom… Read More
0 comments:
Post a Comment