wholesaletents

New Delhi: Flipkart India, the wholesale arm of Walmart-owned e-commerce company Flipkart, has received about Rs 1,431 crore from its Singapore-based parent, according to documents filed with the Corporate Affairs Ministry.The parent entity was issued 4.86 lakh shares in Flipkart India at a price of about Rs 29,400 per share, the documents showed. Flipkart had invested Rs 2,190 crore in Flipkart India in December last year.The latest fund infusion comes at a time when Flipkart faces challenges on the regulatory front in the form of new policy norms for e-commerce firms with foreign investment.The new rules -- effective from February 1 -- bar online marketplaces with foreign investments Party Tent for sale from selling products of the companies where they hold stakes, and ban exclusive marketing arrangements.Another provision states that the inventory of a vendor will be seen as controlled by a marketplace, if over 25 per cent of the vendors purchases are from the marketplace entity, including the latters wholesale unit.

Both Amazon and Flipkart have approached the government seeking extension on the deadline.New Delhi: Ahead of the monetary policy review, Reserve Bank of India Governor Shaktikanta Das on Monday met heads of public sector banks and conveyed to them the regulators expectation from the banking sector.RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the the first monetary review under the new RBI Governor."Basically the idea was convey to them the regulators expectation from the banking sector in general and public sector banks in particular, and also to get from them their understanding of the current banking situation, and to get an understanding about the future outlook, the sense they have," Das said after meeting CEOs of PSU banks.It is widely expected that RBI would cut interest rate in its upcoming review meeting.

RBI will announce its sixth bi-monthly monetary policy on February 7.The report expects CPI at around 3.3 per cent in March 2019. It said concerns, however, remain about the stickiness of core inflation, especially at a time when growth is expected is slow to 6.6 per cent in the second half of FY19."While volatile crude oil prices and concerns on fiscal slippage may warrant some caution, the seemingly structurally benign food inflation along with softening growth should help in capping the upside pressures," it said.The report expect a 50 basis points of rate cut in the first half of 2019. In the previous Portable Gazebos Manufactures monetary policy announced in December, RBI kept the repo rate unchanged at 6.5 per cent.

The BJP has almost laid siege to Allahabad for its national executive meeting, scheduled to be held on June 12 and 13.According to reports, the BJP unit has booked around 400 air-conditioned rooms for the guests and around 100 rooms have been booked in Varanasi district. Allahabad does not have too many air-conditioned "A" category hotels so all the government guest houses and motels have been booked to capacity.Guests house of BSNL, railways, which come under the Central government, have also been booked for the event."We will have around 500 VVIP guests, including Union ministers, state ministers, chief ministers and MPs, and all of them will come with their security personnel.

The northwestern region of Afghanistan was hit hardest by Monday's earthquake Chitral, Pakistan: Earthquake survivors in Pakistan and Afghanistan emerged from a third night without shelter on Thursday, as village leaders warned they had nothing to protect children from the freezing conditions while rescuers struggle to reach isolated communities.Desperate victims appealed for blankets, warm clothes and food after Monday's 7.5 magnitude earthquake ripped China Wholesale Portable Gazebos Suppliers through the region, killing more than 380 people while levelling thousands of homes and forcing many to camp out in the open.Rugged terrain, severed communication lines and an unstable security situation have impeded relief efforts since the disaster, and local officials said they had few supplies to hand after the region was devastated by floods just three months ago."We usually have our own stock but we already consumed it during the floods so we were running out of stock during this earthquake," Muhammad Bahadur, an official in the village of Darosh in Chitral, part of the Pakistani province of Khyber Pakhtunkhwa.

The northwestern region, which has been hit hardest by Monday's earthquake, also saw thousands evacuated in July as floodwaters swept away dozens of roads and bridges in the district.Bahadur's village had just 70 tents on hand when the earthquake struck, he said."Around 2,500 houses have been completely destroyed Imagine how we can satisfy the need with only 70 tents "Hundreds of children are now sleeping under the open sky with little protection against sub-zero nighttime temperatures, he said. "We are trying to mobilise NGOs to help them because winter is approaching and it would be unbearable."'Children won't survive'Pakistan's confirmed death toll so far stands at 267, with more than 1,800 people injured and 11,000 homes damaged, and authorities warn that number could spike with many isolated regions still cut off.Aid agencies have warned that shelter and hygiene will be the most pressing needs for survivors in the coming days, with the UN saying children in particular face deadly conditions.