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Amazon in talks to buy $2 billion stake in Bharti Airtel
Asia

Amazon in talks to buy $2 billion stake in Bharti Airtel

By Administrator_India Capital Sands Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based …

Google faces antitrust case in India over payments app
Asia

Google faces antitrust case in India over payments app

By Administrator_India Capital Sands India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case. The complaint was filed in February and the Competition Commission of India  has kept the identity of the complainant …