Amazon India planning to relocate Bengaluru headquarters to save costs: Report
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.
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
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
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
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
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
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
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
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
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
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
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.
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
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
Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.