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Executives from different ecommerce companies are likely to meet commerce and industry minister Piyush Goyal to deliberate upon the national ecommerce policy. This comes as the government is trying to understand the business models of online groceries and quick commerce platforms. This and more in todays ETtech Morning Dispatch. ....
Franklin Templeton, Oryx group and Antara Capital have also fully sold their shares to Walmart, while Qatar Investment Authority has part-sold its holding to Walmart, the filings showed. ....
Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to the US retail giant Walmart. ....
The exact definition of specialty coffee is somewhat elusive. Consultant and roaster Binny Varghese says there isn’t one and that when experts talk about specialty coffee, they mean coffee for which a professional coffee taster, called a Q Grader (akin to a wine sommelier), has given at least 80 points out of 100. ....
Indian tech services bellweather Infosys is not only growing on a “solid foundation” on the back of large deal wins, but is equally poised to harness opportunities despite global macroeconomic challenges, non-executive chairman Nandan Nilekani said at the firms 42nd Annual General Meeting. ....