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Behemoth U.S.-based companies continue to encounter pushback from foreign business groups and governments against their expansion plans.This time around, the Indian government has rejected Walmarts plans to gain a retail license for food through its eCommerce subsidiary, Flipkart. The company reportedly plans to re-apply.The Times of India reported today June 1 that India Department for Promotio
stanley canada n of Industry and Internal Trade has rejected Flipkarts proposal to sell food products through online and mobile platforms, almost a year after it filed the application. The move is a setback for Flipkart, which aimed to buy directly from Indian farms. We are evaluating the departments response and intend to re-apply as we look to continue making a significant impact on small businesses and communities in India, Flipkart said in a statement, as reported by Reuters.I
kubki stanley f Flipkart is given the green light, it would vie against with Amazons India unit, Alibaba-backed BigBasket, SoftBank-backed Grofers and Reliance Industries Ltds recently launched JioMart.As reported by PYMNTS, shopping portal JioMa
stanley canada rt was launched just days after Facebook said it would invest $5.7 million in that Indian subsidiary of Reliance.JioMart is controlled by the billionaire Mukesh Ambanis Reliance. It was launched soon after the announcement of his companys deal with Facebook. Ambani said the new partnership would make it easier for residents to digitally pay millions of mom-and-pop stores in India.To add Bqgg SEC Eases Eligibility Rules For Alternative Investments Like Venture Capital, Hedge Funds
eGifter, the social gifting company, has teamed up with GoCoin so they can accept Dogecoin and Litecoin for purchases.聽 The company believes that this will provide a secure, fraud-free transaction at only 1 percent of the cost- versus over 2 percent with a credit card.GoCoin is an international digital currency platform that enables merchants to accept bitcoin, Litecoin, Dogecoin an
stanley quencher d other digital currencies. We are thrilled to see key merchants in the Bitcoin eco-system embrace the alt-coins and their unique communities, said Steve Beauregard, Founder and CEO of GoCoin. Together with eGifter, we are building bridges between retail shopping and digital currency communities. eGifter is one of only a few who are accepting Dogecoin and Litecoin. Whats Hot is ag
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