Amazon India to enter quick commerce with 15-minute delivery pilot in Bengaluru
Dec 10, 2024, at 07:37 pm
Bengaluru: Amazon India is preparing to launch a 15-minute delivery service in Bengaluru later this month, which will mark its entry into the rapidly growing quick commerce market, The Economic Times reported.
Nov 28, 2024, at 03:12 am
Bengaluru: A group of e-retailers operating on major platforms like Amazon and Walmart-backed Flipkart argued before the Karnataka High Court (HC) on Wednesday that the investigation by the Competition Commission of India (CCI) into alleged anti-competitive practices exceeds the regulator's statutory authority, media reports said.
Amazon India planning to relocate Bengaluru headquarters to save costs: Report
Nov 18, 2024, at 09:38 pm
Bengaluru/IBNS: Amazon India plans to shift its Bengaluru headquarters from the World Trade Centre (WTC) to a new office near the city’s airport, as reported by LiveMint.
Nov 16, 2024, at 05:49 am
New Delhi: Billionaire Mukesh Ambani's Reliance has urged India’s telecom regulator TRAI to reassess the potential impact of Elon Musk's Starlink and Amazon's Kuiper before allocating satellite spectrum, citing concerns over local players being disadvantaged, Reuters reported.
Govt to summon Flipkart, Amazon executives over FDI rules violations: Report
Nov 11, 2024, at 10:49 pm
New Delhi/IBNS: The Indian government is set to summon executives from Flipkart and Amazon as part of an expanded investigation into potential violations of foreign investment regulations, according to a report by Reuters.
ED raids multiple locations of top Amazon and Flipkart vendors over alleged FEMA violations: Report
Nov 08, 2024, at 04:44 am
New Delhi: The Enforcement Directorate (ED) carried out multiple searches on Thursday under the Foreign Exchange Management Act (FEMA) at 19 locations in Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula (Haryana), targetting key vendors of Amazon and Flipkart, Reuters reported.
Amazon and HPCL collaborate to increase Low Carbon Fuel adoption
Oct 29, 2024, at 06:09 am
New Delhi: Amazon India said on Monday that it has entered into an initial agreement with state-owned Hindustan Petroleum Corporation Ltd (HPCL) to drive the development and adoption of Low Carbon Fuels (LCFs) for long-haul transport in India.
Ex-AWS engineer claims Amazon is 'silent sacking' employees in 5 phases
Sep 19, 2024, at 08:54 pm
Hyderabad/IBNS: A former software engineer at Amazon Web Services (AWS) has claimed that the company’s recent mandate requiring employees to return to the office by January 2 is less about "inventing and collaborating," as stated by CEO Andy Jassy, and more about reducing headcount while avoiding significant tax liabilities.
Amazon India veteran Samir Kumar to take over as its head of India consumer business
Sep 19, 2024, at 06:04 am
Mumbai: Samir Kumar, who has been with Amazon for 25 years, will take over as head of its India consumer business following the resignation of Manish Tiwary, the company announced on Wednesday.
Amazon India hosts Seller Connect event to help SMBs gear up for festive season
Sep 16, 2024, at 09:54 pm
E-commerce giant Amazon India has successfully hosted its annual Amazon Seller Connect event at JW Marriott in Kolkata with over 100 sellers from Kolkata, and provided them with a platform to engage and interact with its leadership, while covering different nuances of selling online with Amazon.
Axio secures $20 million funding from Amazon Smbhav Venture Fund
Aug 24, 2024, at 06:22 am
New Delhi: Axio secured $20 million in equity funding from the Amazon Smbhav Venture Fund on Friday, as the digital consumer finance startup seeks to expand its lending capabilities and introduce additional credit products.
Amazon India head Manish Tiwary resigns
Aug 07, 2024, at 05:35 am
New Delhi: Amazon.com India's country head Manish Tiwary has resigned after working with the e-commerce giant for eight years, the company said on Tuesday.
Amazon's Propel 4 aims to launch 50 Indian startups in global markets in 2024
May 19, 2024, at 02:26 am
Kolkata: Amazon India has announced the launch of the fourth season of Propel – a global business accelerator for startups in the consumer products space.
Amazon injects Rs 1,660 cr into its Indian marketplace unit
May 14, 2024, at 10:36 pm
Mumbai: Amazon Seller Services' US parent company has injected a new equity investment of Rs 1,660 crore ($199 million) into the firm that operates Amazon's marketplace in India, according to a regulatory filing.
Jan 15, 2024, at 08:18 pm
The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.
Kia India, Skoda Auto top service excellence rankings in automobile sector
Dec 29, 2023, at 05:50 am
Bangaluru/UNI: Car-makers Kia India and Skoda Auto India emerged as leaders in the automobile sector for service excellence, according to an extensive pan-Indian study done by JAGSoM (Jagdish Sheth School of Management).
Amid global slowdown, large tech companies almost halt hiring in India: Report
Dec 26, 2023, at 05:55 pm
Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.
Amazon targets $20 billion merchandise export from India by 2025
Nov 18, 2023, at 03:09 am
Amazon aims to achieve $20 billion in merchandise exports from India by 2025, Reuters reported, citing a company official.
Amazon won't allow these notes for COD orders from today
Sep 20, 2023, at 04:32 am
New Delhi: Starting September 19, 2023, Amazon India will no longer accept Rs. 2,000 currency notes for Cash on Delivery (COD) orders or Cashloads, media reports said.
Amazon issues stern warning to workers opposing 'work from office'
Aug 30, 2023, at 03:26 am
Amazon has made it compulsory for its employees to work from the office three days a week. However, the new rule has not gone well with most of the employees and a chunk of the workers exited the company instead of returning to office, media reports said.
Amazon India is back with Prime Day on July 15, 16
Jun 28, 2023, at 11:55 pm
Kolkata: Amazon India is back with its annual two-day celebration to ‘Discover Joy’ with Prime Day 2023! Starting at 12:00 AM on July 15 till July 16, 2023, the seventh edition of Prime Day brings in two days of great deals, savings, blockbuster entertainment, new launches, and much more, bigger and better than before.
Jun 22, 2023, at 06:25 am
The Federal Trade Commission (FTC) has slapped legal charges on Amazon.com Inc, alleging that the company enrolled millions of consumers into its paid subscription service, Amazon Prime, without their consent and made it difficult for them to cancel, Reuters reported.
Amazon business saw 102 pct YoY increase in customer registrations from Kolkata
Jun 17, 2023, at 11:56 pm
Kolkata: With approximately 6.5 lakh sellers on the platform and more than 16Cr GST enabled products, Amazon Business continues to act as one stop destination for business customers in Kolkata.
Wardrobe Refresh Sale (WRS) on Amazon Fashion is live till June 6
Jun 05, 2023, at 11:45 pm
Kolkata: Amazon Fashion has announced the 12th edition of its Wardrobe Refresh Sale with deals across a wide selection of the most loved fashion and beauty.
Amazon Fresh expands to over 60 cities in India
May 22, 2023, at 11:15 pm
Kolkata: Amazon India on Monday announced the expansion of Amazon Fresh, its full basket grocery service to over 60 cities across India.
Amazon lays off 500 employees in India: Reports
May 16, 2023, at 03:37 pm
Technology giant Amazon India has laid off 500 employees in India, media reports said on Tuesday.
Indian govt issues order against Amazon, Flipkart for selling seat belt alarm stoppers
May 12, 2023, at 11:44 pm
New Delhi: The Centre has issued orders against top five e-commerce platforms - Amazon, Flipkart, Snapdeal, Shopclues and Meesho - for selling car seat belt alarm stopper clips stating that the clips compromise life and safety of consumers.
Amazon to lay off 9000 more employees in latest round of job cuts
Mar 21, 2023, at 05:08 am
E-commerce giant Amazon.com Inc Monday announced 9,000 more layoffs to make its operation lean and manage economic uncertainty.
RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for non-compliance of rules
Mar 04, 2023, at 01:04 am
Mumbai: The Reserve Bank of India Friday said it has fined Amazon Pay (India) Private Ltd more than Rs 3.06 crore for not adhering to certain rules regarding Prepaid Payment Instruments (PPIs) and the Know Your Customer (KYC) directive.
Dept of Consumer Affairs reprimands Amazon and Byju’s for unfair consumer practices: Report
Feb 23, 2023, at 01:52 am
New Delhi: The Department of Consumer Affairs has reprimanded the ed-tech company Byju’s and e-commerce giant Amazon for engaging in unfair consumer practices, media reports said.