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Amazon, Flipkart losses to rise on new FDI rules: Morgan Stanley
short by Arundhati Rawat / on 06 Feb 2019,Wednesday
According to a report by Morgan Stanley, e-tailers Amazon and Flipkart may record higher losses due to the newly imposed revised FDI policy on e-commerce. The report expects Flipkart's losses to increase by 20-25%. Further, it expects that the new FDI policy "is likely to lead to increased Amazon India investment and larger losses from restructuring its business operations".
short by Arundhati Rawat / 09:49 pm on 06 Feb
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