News digest: ICICI Bank row, Opec raises output, Alok Industries, and more

Bankers have decided to unite and fight back against 'arbitrary arrests', 'harassment' by probe agencies, in a move that comes against the backdrop of the arrest of the CEO of BoM

Google plans global e-commerce debut from India market 

Sundar Pichai-led Google is seriously evaluating getting into e-commerce and India could be the first stop, it is learnt. The launch could coincide with Diwali later this year, a source said. The search giant, which was in talks to invest in Flipkart after Walmart’s $16-billion deal to buy 77 per cent in the Bengaluru firm, is now trying to enter the Indian e-commerce space on its own.

With such a move, Google could take on both Amazon and Flipkart in a sector pegged at around $38.5 billion and projected to grow to as much