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Offline traders up in arms over Karnataka's move to allow only e-commerce on weekdays


Offline traders up in arms over Karnataka s move to allow only e-commerce on weekdays
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Last Updated: Apr 23, 2021, 11:08 PM IST
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They were all asked to close their businesses by the police on Thursday citing an amended notification which caught both businessmen and transporters by surprise
ETRetail
Offline traders have erupted in anger over Karnataka s decision to allow only e-commerce companies to deliver all items on weekdays during the period of partial lock extending up to May 4.
They were all asked to close their businesses by the police on Thursday citing an amended notification which caught both businessmen and transporters by surprise. As it is, our businesses have been badly hit due to online companies. Now they (e-commerce) have been supported again, said Rishab Dugar, secretary at Bangalore Electronic Dealers Association. ....

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KNDI: 3 Electric Vehicle Stocks to Avoid in April


3 Electric Vehicle Stocks to Avoid in April
KNDI – The electric vehicle (EV) industry has been red-hot since last year. This has caused an influx of several new players in the EV space whose stocks, driven solely by investors optimism, have gained as much as the established players. But, in the absence of adequate fundamentals, the prospects of many of these companies look uncertain. This, coupled with a global semiconductor shortage and investors’ rotation away from expensive stocks to quality bargains, does not bode well for the industry. Hence, we think fundamentally weak stocks Kandi Technologies Group (KNDI), Beam Global (BEEM), and Ayro (AYRO) are best avoided this month. Let’s take a closer look at these names. ....

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