Commerce and industry minister Piyush Goyal on Thursday played down the $1 billion investment promised by Amazon boss Jeff Bezos, saying the money was meant to cover the losses that the e-commerce player had notched up in the country and it was not “doing a favour”. He added that e-commerce companies needed to adhere to the rules “in letter and spirit”.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NyB5TK
