India’s e-commerce industry is on fire. After eBay doubled down on its India play by investing $133 million in Snapdeal a week ago, the world’s biggest retailer, Walmart, is now looking to build a marketplace for tapping into the country’s e-commerce industry, which is expected to grow sevenfold to $22 billion over next five years.
As this report says, Walmart has already hired a team of over a dozen professionals who are busy fleshing out the marketplace.
We have been hearing about Walmart’s initial interest in acquiring an Indian e-commerce/marketplace. Sources confirmed that Snapdeal was among potential partners Walmart had looked at few months ago, but nothing materialized.
Earlier this year, Walmart established a new company in India after its initial alliance with Bharti Enterprises didn’t work out.
Having tried different ways to make the offline retail entry work, it now seems that the American retailer might just take…
View original post 83 more words
Two things – one, calling a person “chinky” is as as racist as calling someone Bihari or Bhaiya or any regional id. Or for that matter calling a white guy – malech / firangi.
Racism comes in picture when that particular slang has over a period of time becomes abusive and that too by a particular race.
So for a black man to call a fellow black man “nigger” would not be racism as much as when a white guy calls a black man “nigger”.
Second it’s strange that without knowing why the person was killed, to say that he actually was a victim of gate crime.
Some people should read more than mere headlines in newspapers.
The following post comes to us from David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm. The views expressed are the authors’ and do not necessarily represent the views of the partners of Wachtell, Lipton, Rosen & Katz or the firm as a whole. This article is also being published today in the New York Law Journal.
Two recent Delaware cases involving independent directors of corporations with foreign operations provide a powerful reminder that resigning from the board of directors of a troubled company may not be a simple matter. In both cases, Delaware chancery court judges denied the director defendants’ motions to dismiss; if the allegations—primarily, that the directors of each company breached their duty of oversight—are proven at trial, the directors potentially could face personal liability. While nothing about these recent cases indicates a radical…
View original post 3,401 more words