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News digest: Amazon vs Flipkart, YES Bank promoters conflict, and more

From Amazon's gross sales to RBI governor Urjit Patel, BS brings you top stories to keep up with the latest news

News digest: Amazon vs Flipkart, YES Bank promoters conflict, and more

E-tailers’ war: Amazon’s gross sales in India 21% higher than Flipkart’s   Five years after setting foot on Indian soil, US online retail giant Amazon has emerged as the leader in the domestic e-commerce market, zipping past homegrown rival Flipkart in gross merchandise value (GMV), or gross sales, on its platform.   Amazon’s India unit clocked gross sales of $7.5 billion in the year ended March 31, 2018, while rival Flipkart’s sales stood at $6.2 billion, according to report by Barclays published on Monday. The report, however, did not include ...