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India, US 'natural allies', could face any challenge: Envoy Juster

Wednesday, June 19, 2019, 8:36 PM

The US and India are "natural allies" and share common interests and a genuine friendship, America's envoy to New Delhi Ken Juster has said, underlining that the two countries could face any challenge with the strong people-to-people relations. Juster highlighted bilateral trade and challenges that India is facing like managing the rise of China, countering terrorism, promoting economic growth and modernising its military.
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Warehousing sector attracts USD 6.8 bn funds since 2014: Report

Wednesday, June 19, 2019, 8:34 PM

The warehousing sector has attracted around USD 6.8-billion (approximately Rs.47,385-crore) funds since 2014 from institutional investors and developers amid rising demand for logistic spaces from manufacturing and e-commerce players post implementation of GST, according to Knight Frank. Leasing of warehousing spaces went up by 77% last calendar year to 46.2-million sqft, the property consultant said in its India Warehousing Market 2019 report released.
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Amazon pushes for gender diversity

Wednesday, June 19, 2019, 8:33 PM

Diversity of talent, from a-gender-perspective, would be a top-priority-area for Amazon India, said its chief Amit Agarwal, as he addressed his staff in an 'All-Hands' meeting on Tuesday, two-people present there said. Agarwal's comments come as the local arm of the Seattlebased technology giant completes six years in India, continuing its fight against Flipkart, where its US-based rival Walmart now owns a 77% stake.

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