Published 21:51 IST, January 14th 2020
Amazon chief Jeff Bezos pays tribute to Mahatma Gandhi at Delhi's Raj Ghat
American e-commerce giant Amazon's chief Jeff Bezos arrived at India on Tuesday afternoon and one of the first places he visited was New Delhi's Raj Ghat
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American e-commerce giant Amazon's chief Jeff Bezos arrived at India on Tuesday afternoon and one of the first places he visited was New Delhi's Raj Ghat. There he paid homage to Mahatma Gandhi at the Gandhi memorial. Bezos took to Twitter to share the video of his visit.
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To meet PM Modi
Jeff Bezos is likely to meet Prime Minister Narendra Modi and top government officials, besides industry leaders, according to reports. The top executive will also attend SMBhav an event focussing on small and medium businesses in India - that is slated for January 15-16 in the capital city. Bezos is likely to discuss regulatory issues in his meeting with the government officials.
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Amazon faces protest from small businesses
Amazon, which has seen significant growth in its business in India, has also witnessed protests from a section of traders in the country who claim that e-commerce giants including Amazon and Walmart-owned Flipkart offer deep discounts and engage in unfair business practices. Last year, the government had tightened rules for e-commerce marketplaces with foreign investment. These rules barred such platforms from offering products of sellers in which they hold a stake and banned exclusive marketing arrangements among other clauses. Following this, Amazon restructured its joint ventures to ensure compliance.
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21:50 IST, January 14th 2020