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Amazon to Flipkart clash in India’s nascent e-commerce market

Bloomberg Craigslist could learn a thing or two from Quikr. The Indian equivalent of the free classifieds service publishes product ratings, handles payments and shipping and — crucially — releases payment only after a buyer gives their purchase a once-over and a virtual thumbs-up. In so doing, the site that lists for sale everything from smartphones to cars is trying ...

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Fairfax to buy Bangalore Airport stake for $322mn from GVK

Bloomberg Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose. Fairfax will buy 33 percent of Bangalore International Airport Ltd. for 21.49 billion rupees ($322 million), GVK said in a statement to the Mumbai stock exchange on Monday. GVK, which also ...

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Heinz Beck’s interpretation of Italian classics

SUNAINA RANA / EMIRATES BUSINESS Taste of Italy by Heinz Beck is Dubai’s exciting new casual dining offering and one that is creating a well-deserved buzz among the city’s discerning gourmands who are seeking a more interactive eating venture. The restaurant is located in the heart of Jumeirah at Galleria Mall on Al Wasl road, Dubai. Chef Heinz Beck, founder ...

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