Amazon's $1 billion investment no big favour, says Goyal
New Delhi, Jan. 17 -- A day after Amazon Inc CEO Jeff Bezos said the US e-commerce giant will invest $1 billion in digitising small Indian businesses, Union commerce and industry minister Piyush Goyal on Thursday said Amazon was not doing a favour to the country by investing and questioned how the online retailing major could incur such "big" losses but for its predatory pricing. p21...
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