Andy Jassy, former head of Amazon Web Services (AWS), takes charge of Amazon.com's operations from Monday. The 53-year-old replaces Jeff Bezos as the CEO of the world's largest e-commerce firm.
The Digital payments platform PhonePe has partnered with Flipkart to launch a contactless 'Scan and Pay' feature for Flipkart's pay-on-delivery orders.
The RBI has extended the validity of the interest equalization scheme for pre-and-post-shipment rupee export credit by three months through 30 September 2021.
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