Ilker Ayci turns down MD & CEO role by Air India \
3 min read
\
\

Ilker Ayci turns down MD & CEO role by Air India

01-Mar-2022
Ilker Ayci Ilker Ayci, the former chairman of Turkish Airlines, has turned down Tata Sons’ offer to become Air India’s new CEO. On February 14, Tata Sons; announced that Ayci, the former chairman of Turkish Airlines, as the CEO and Managing Director of Air India. “I have come to the conclusion that it would not […]
01-Mar-2022 Business
\
Withdraw permissions given to Amazon Flipkart-Walmart to operate in India launch CBI probe SJM \
3 min read
\
\

Withdraw permissions given to Amazon Flipkart-Walmart to operate in India launch CBI probe SJM

28-Dec-2021
New Delhi Dec 28 PTI The RSS-affiliated Swadeshi Jagran Manch SJM has demanded that the government should immediately withdraw permissions given to e-commerce companies Amazon and Flipkart-Walmart to operate in India as they are blatantly contravening rules In a resolution passed at its national conclave recently the outfit also demanded for a CBI probe into the operations of Amazon Flipkart-Walmart and other multinational e-commerce companies alleging that they are doing business in India blatantly violating the FDI foreign direct investment regulations Foreign direct investment in multi-brand retail trade is regulated through the FDI Policy Foreign players cannot have inventory based model to operate in India They are also barred from influencing prices by cash burning models Multinational e-commerce companies such as Amazon and WalmartFlipkart are blatantly contravening rules and operating uncontrolled in India claimed the SJM resolution passed at its 15th national conclave in Gwalior on December 26 Amazon is on a spree to acquire brick and mortar retail outlets along with its e-commerce retail activities the SJM claimed adding that the companys investment in Shoppers Stop and More Retail chain are some major steps in this direction From 2017-18 to 2019-20 just in three years Amazon has spent Rs 9788 crore on legal and professional fees in India Internal sources have exposed that the money is being routed through these accounts for bribing officials in India it alleged This proves that licenses and permissions obtained by all such e-commerce companies were obtained fraudulently using unfair means it added This is a very serious matter The Rashtriya Sabha of Swadeshi Jagran Manch demands that all the permissions given to these companies be withdrawn forthwith and all their activities be declared illegal the SJM demanded in the resolution The entire matter should be investigated by the CBI and as soon as the government officers including people sitting in the high offices gaining from these companies directly or indirectly are identified they should be sent on leave to ensure a fair investigation into the entire matter and be punished for their offences it added PTI PK CK
28-Dec-2021 National
\