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Online Retail’s Brisk Growth Attracts Investors in India

As online shopping posts brisk growth in India, investors are pouring billions of dollars into e-commerce companies. But small-shop owners worry about falling customer traffic and loss of business. It’s the time of the year when Indians shop feverishsly as the Hindu festival of lights, Diwali, approaches on October 23. Some want to redecorate homes, others have saved up to buy new clothes, fashion accessories, televisions or mobiles. But instead of picking these up at stores,...

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