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“Not just in India, ‘Haldi doodh’ is celebrated globally and is famously called ‘turmeric latte’. At times, with a host of medicinal properties, it acts as a household remedy,” he said.
PhonePe\'s parent Flipkart has committed an investment of $500 million for the payments business over the coming years
They said the agency also questioned Bhoopesh Jain and Neeta Jain, the directors of the company, in connection with the fraud at the agency\'s office in Bengaluru.
The hiring drive comes after the firm had to trim costs in 2016 and 2017 and saw its workforce fall from 15,000 at the end of 2015 to 8,000 employees.
The Bureau of Indian Standards (BIS) is working to update the current standard (IS 15495) for printing ink for food packaging and several harmful chemicals, including toluene, may be banned with the new standards coming into effect.
This is however not the actual annual revenue of the firm for FY18 whose financials will be filed by the company after the year end.
For Q3FY18, ABFRL\'s revenue grew by 2.8% q-o-q to Rs1,855 crore. Over the same period, FLFL\'s revenue jumped 16.4% q-o-q to Rs1,189 crore.
The US giant’s India unit’s GMV share trails Flipkart by less than 1% from 5% in 2016, according to a new report by the market research company.
A significant portion of Walmart’s proposed investment in Flipkart will be used to build infrastructure including food parks, cold chain, collection centres.
The ecommerce sector will see several significant changes under the Consumer Protection Act, 2018, which would make etailers and marketplaces liable for fraudulent sales.