TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Cracks in Congress Widen as National Security Debate Exposes Internal Rift

    Cracks in Congress Widen: Manish Tewari Shares Cryptic Post After Being Silenced in Operation Sindoor Debate

    Priyanka Gandhi Vadra Returns to Lutyens’ Delhi

    Priyanka Gandhi Vadra Returns to Lutyens’ Delhi with Allotment of 81 Lodhi Estate Bungalow

    BJP Slams TMC's Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    BJP Slams TMC’s Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Cracks in Congress Widen as National Security Debate Exposes Internal Rift

    Cracks in Congress Widen: Manish Tewari Shares Cryptic Post After Being Silenced in Operation Sindoor Debate

    Priyanka Gandhi Vadra Returns to Lutyens’ Delhi

    Priyanka Gandhi Vadra Returns to Lutyens’ Delhi with Allotment of 81 Lodhi Estate Bungalow

    BJP Slams TMC's Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    BJP Slams TMC’s Kalyan Banerjee for Referring to PoK as ‘Azad Kashmir’, Mocking Security Forces in Parliament

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K

    Ex-Pak Para Commando, Pahalgam Attack Mastermind Hashim Musa Eliminated in J&K Encounter

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    J&K Encounter Under Operation Mahadev: 3 Lashkar Terrorists Killed, Pahalgam Link Confirmed

    Landmark US Tech Transfer: India to Produce V-BAT Drones

    US Origin V-BAT Drones to Be Made in India Under Rare Defence Deal

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Divya Deshmukh, First Indian to Win FIDE Women’s World Cup

    19-Year-Old Divya Deshmukh Makes History as First Indian Woman to Win FIDE World Cup

    How Rajabet Casino is Innovating Online Betting in India’s Competitive Market?

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

‘They are not doing any favour to India’, Piyush Goyal tears into Jeff Bezos for his mindless PR stunt in India

Akshay Narang by Akshay Narang
17 January 2020
in Trending
Piyush Goyal, Jeff Bezos
Share on FacebookShare on X

Jeff Bezos’ three-day visit to India has turned out to be a real disaster as the world’s richest man continues to draw fire in India. Bezos’ Amazon is facing a Competition Commission of India (CCI) probe into allegations of competition law violations. Bezos also initiated a major PR exercise by announcing an investment of $1 billion towards digitizing small and medium businesses across India.

However, his PR exercise has failed to yield a positive response, even as Union Commerce and Industry Minister, Piyush Goyal has made it clear that the Amazon founder & CEO, Bezos is not doing a favour to India with the US $ 1 billion investment. Goyal also questioned how the e-commerce major could incur “big” losses but for predatory pricing. 

RelatedPosts

Indian Origin Amazon Employee Assaulted in Dublin, Ireland in Racist Attack

Terrorists Used E-Commerce, Pay Apps in Pulwama, Gorakhnath Attacks Says FATF Report

Rare Watch: Union Minister Piyush Goyal’s ‘Dukandari’ jibe hits Indian Startup ecosystem, stirs fresh debate

Load More

Amazon is infamous for offering impossibly high rates of discount, sometimes below the cost price, throwing competing retailers out of business. This has led to allegations of predatory pricing against the e-commerce giant. 

Speaking at an event in the National Capital, the Union Minister said, “They [Amazon] may have put in a billion dollars but if they make a loss of a billion dollars every year, then jolly well will have to finance that billion-dollar. So, it is not as if they are doing a favour to India when they invest a billion dollars.” 

Goyal who has not yet held a meeting with the Amazon founder despite initial speculations of a possible meeting between the two has also said, “They are investing money over the last few years also in warehousing and certain other activities, which is welcome and good. But if they are bringing in money largely to finance losses and those losses in an e-commerce market place model.” 

Goyal added that if in a fair market place model in a turnover of $10 billion, a company is incurring losses to the tune of billions of dollars, then it “certainly raises questions, where the loss came from”.

Goyal has also made it clear that the Indian position on FDI in multi-brand retail trading is quite strict and anyone who tries to use the e-commerce market place model for surreptitiously entering into multi-brand retail, then it will have to be questioned and investigated. 

It is important to mention in this context that Amazon’s policy of “preferred sellers” has also emerged as a murky and suspicious. There is no clarity as to the criteria for selecting preferred sellers. Such preferred sellers resort to deep discounting which sometimes borders on predatory pricing. There are also allegations of the “preferred sellers” being affiliated with or substantially controlled by Amazon. Such affiliation could be a violation of the 49 per cent cap on FDI in multi-brand retail. 

As such, India is not averse or opposed to welcoming investments. However, the Modi government has made it clear that it is about India enforcing its rules. No exception is made out even for a business giant, and the country holds every right to express displeasure when a business major tries to find loopholes in order to game the system or make an outright contravention of the law of the land. 

Tags: AmazonJeff BezosPiyush Goyal
Share219TweetSend
Previous Post

Radical Islamist outfit- PFI celebrates Congress govt’s decision to challenge NIA Act

Next Post

Sanjay Raut has opened Pandora’s Box on links between Mumbai underworld and Congress, NCP, Shiv Sena politicians

Related Posts

Priyanka Gandhi Vadra Returns to Lutyens’ Delhi
Politics

Priyanka Gandhi Vadra Returns to Lutyens’ Delhi with Allotment of 81 Lodhi Estate Bungalow

29 July 2025

Congress leader Priyanka Gandhi Vadra has been allotted a government bungalow at 81 Lodhi Estate, marking her return to...

Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar
Legal

Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

28 July 2025

In a curious twist that underscores the often-bewildering nature of grassroots bureaucracy, a Golden Retriever named —Dog Babu, was...

Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh
Defense

Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

28 July 2025

In a powerful and emotionally charged address in Parliament, Defence Minister Rajnath Singh delivered a rousing defence of Operation...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited