India e-commerce rules cast cloud over Amazon, Walmart and local rivals

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon (AMZN.O) and Walmart’s (WMT.N) Flipkart as they may have to review their business structures, senior industry sources said. India’s Ministry of Consumer Affairs outlined plans on Monday which include limiting “flash sales” by online retailers, reining in a private label push, […]

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New Spider Species Named After Tukaram Omble, Hero Cop Killed In 26/11 Mumbai Attacks

Scientists have discovered two new species of spiders in Maharashtra and named one of them after Tukaram Omble, the Mumbai Police Assistant Sub-Inspector who was killed during the 26/11 terror attacks in the city. They have named the new species ‘Icius Tukarami’, which first appeared in a research paper. Parveen Kaswan, Indian Forest Service (IFS) […]

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