Oct 21, 2021, at 05:20 am
Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
RIL extends deadline for completion of Future deal
Oct 02, 2021, at 04:37 am
Mumbai/IBNS: Reliance Retail Ventures Ltd. (RRVL) has extended the long-stop date for the completion of its deal with Future Group by six month to March 31, 2022, according to media reports.
Amazon responds to 'East India Company 2.0' barb highlighting 'impact on small business'
Sep 28, 2021, at 05:31 am
New Delhi/IBNS: Hours after RSS-linked magazine Panchjanya attacked Amazon as "East India Company 2.0" and tagged it as a "threat to indigenous entrepreneurship", the e-commerce giant responded on Monday citing its "positive impact on small businesses... including sellers, artisans, and delivery and logistics partners".
Indian govt ropes in tech giants, local agritech firms to boost farm productivity: Report
Sep 18, 2021, at 01:46 am
New Delhi/IBNS: In a bid to increase farm productivity and ensure food security, the government has embarked on an ambitious productivity drive aimed at transforming the country's agricultural industry, according to a media report.
Big relief for Future Group as SC stays seizure of assets
Sep 09, 2021, at 08:52 pm
New Delhi/IBNS: In a big relief to Future Group, the Supreme Court has halted the seizure of Future Coupons, Future Retail and Future Group owned by Kishore Biyani.
Amazon gears up for hosting its first-ever 'Career Day' in India
Sep 02, 2021, at 06:29 pm
Kolkata/UNI: Amazon Thursday announced that it will be hosting its first-ever 'Career Day' in India on September 16 which will help it reach its goal of creating 20 lakh direct and indirect jobs.
Amazon invests in Indian fintech platform Smallcase
Aug 19, 2021, at 12:18 am
Bengaluru/IBNS: Amazon has made its debut in India's wealth management sector, taking part in the $40 million Series C round funding by platform Smallcase. The other leading investors in the round were Faering Capital and Premji invest.
Will enforce single-judge order against FRL-RIL deal if no stay order by SC: HC
Aug 18, 2021, at 05:18 am
New Delhi/IBNS: The Delhi High Court Tuesday said it will implement the ruling issued by the single-judge bench restraining Future Retail Ltd (FRL) from selling its retail assets for Rs 24,713 crore with Reliance Retail to sell its business, which was opposed by US-based e-commerce giant Amazon, in case no stay is obtained from the Supreme Court within four weeks.
PVR enters into e-commerce, PopMagic microwave popcorn marks debut on Amazon
Jul 29, 2021, at 12:19 am
Mumbai/IBNS: PVR Ltd. the film exhibition company, forays into the e-commerce segment with its F&B offerings making its first product, PVR PopMagic microwave popcorn available on Amazon.
Lava International Ltd unveils all-new Z2s smartphone
Jul 23, 2021, at 02:53 am
Kolkata/UNI: Lava International Ltd, an Indian multinational electronics company, Thursday unveiled its new Z2s smartphone for entertainment seekers as its target audience.
Amazon India launches two all-women delivery stations in Kerala
Jul 07, 2021, at 02:43 am
Thiruvananthapuram/UNI: Amazon India on Tuesday announced the launch of two all-women delivery stations in Kerala.
Ecommerce giants raise concern with Centre over new laws meant to safeguard small retailers
Jul 04, 2021, at 11:18 pm
New Delhi/IBNS: Representatives of e-tailers, including Amazon and Tata, approached the government on Saturday over new e-commerce laws announced in June that were perceived to be detrimental to their business models, according to a media report.
Karnataka High Court dismisses Flipkart, Amazon's plea against CCI probe on trade practices
Jun 13, 2021, at 03:16 am
Bengaluru/IBNS: The Karnataka High Court has dismissed a writ petition filed by e-commerce companies Flipkart and Amazon against a probe ordered by Competition Commission of India (CCI) against their business practices, said media reports.
In a big boost to its streaming business Amazon buys Hollywood studio MGM for $8.45 billion
May 28, 2021, at 01:19 am
Hollywood/IBNS: Amazon has bought Hollywood studio MGM studios for $ 8.45 billion, the companies said Wednesday, according to media reports
May 18, 2021, at 09:49 pm
New Delhi: E-commerce major Amazon.in recently announced the launch of miniTV.
Mar 22, 2021, at 09:31 pm
New Delhi/IBNS: The Delhi High Court on Monday 'stayed' the March 18 order of Delhi High Court's single-judge bench that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, which was objected to by US-based e-commerce giant Amazon, media reports said.
Mar 22, 2021, at 02:23 am
New Delhi/IBNS: Kishore Biyani-led Future Group has challenged the ruling of Delhi High Court's single-judge bench, upholding Singapore International Arbitration Centre's order that restrained Future Retail Ltd's (FRL) Rs 24,713 crore deal with Reliance Retail, a deal that was opposed by US-based e-commerce giant Amazon, media report said.
Mar 19, 2021, at 02:43 am
Delhi/IBNS: The Delhi High Court has restricted Future Retail from selling its business to Reliance Retail, which was challenged by e-commerce giant Amazon, upholding the Singapore International Arbitration Centre's order, said media reports.
Have you checked out the Fab Phones Fest from Amazon yet?
Feb 24, 2021, at 10:04 pm
Kolkata/IBNS: If you are keen to buy a new mobile phone, check out the deals and offers on Fab Phones Fest being organised by amazon.in until February 25, 2021.
SC stays sale of Future Group's assets to Reliance
Feb 23, 2021, at 04:23 pm
New Delhi/IBNS : The Supreme Court has put a hold on the regulatory approval of the sale of 's $3.4 billion retail assets of Future Group to Reliance Industries Ltd, delaying the sale which will boost Amazon.com Inc which is trying to stop the deal in a bid to grab the biggest market share in India, according to Bloomberg report..
Ravi Shankar Prasad asks Amazon to take Indian products to global market
Feb 17, 2021, at 02:08 am
New Delhi/UNI: Union Electronics Minister Ravi Shankar Prasad has asked Amazon to help in taking products made by India’s artisans and Ayurvedic produce to global markets through its eCommerce platform.
Google chief Sundar Pichai congratulates Jeff Bezos as he decides to step aside as Amazon CEO
Feb 03, 2021, at 10:17 pm
New York: Google CEO Sundar Pichai on Wednesday congratulated Amazon chief Jeff Bezos as he announced to step asiode from his position later this year.
Jeff Bezos to step aside as Amazon CEO
Feb 03, 2021, at 02:50 pm
Washington: Amazon founder Jeff Bezos, who is one of the richest persons on Earth, will step aside later this year as chief executive of the company.
SEBI approves sale of Future Group's retail asset to Reliance with conditions
Jan 21, 2021, at 10:28 pm
Mumbai/IBNS: The Securities Exchange Board of India (SEBI) has cleared the Rs 24,713 crore retail asset sale of Future Group to Mukesh Ambai-led Reliance Industries, which is being challenged by global e-commerce major Amazon.
Amazon reports Q3 results with record sales and profit
Oct 30, 2020, at 03:16 pm
Washington/Xinhua: Amazon.com Inc. on Thursday announced its third quarter ended September 30, 2020 with record sales and profit for the second consecutive quarter.
Amazon launches seller registrations and account management services in Tamil
Oct 27, 2020, at 08:20 pm
Bangalore/IBNS: In a major step towards breaking the language barrier for lakhs of Indian entrepreneurs, micro small and medium enterprises (MSMEs), local shops and retailers from Tamil Nadu to benefit from ecommerce, Amazon on Tuesday announced that sellers will be able to register on Amazon.in marketplace and manage their online business in Tamil.
Online portals Amazon, Google, Wish remove neo-Nazi products
Jul 25, 2020, at 10:41 pm
Washington/UNI: Amazon, Google and Wish announced on Saturday that they have removed all neo-Nazi and white-supremacist products being sold on their platforms, following an investigation by BBC Click.
Amazon in talks to buy $ 2 billion stake in Bharti Airtel :Report
Jun 04, 2020, at 11:37 pm
Mumbai/IBNS: After Facebook acquired 9.99% in Reliance Jio in a bid to grab a lion's share of India's booming digital economy, Amazon.com is also on its way to purchase approximately 5% stake in Bharti Airtel, for which the talks are still in preliminary phase, reported Reuters.
Amazon announces Q1 sales increase with promise to spend Q2 profit on virus response
May 01, 2020, at 12:51 pm
San Fransisco/Xinhua/UNI: Amazon on Thursday announces a 26 percent jump in sales in the first quarter, pledging to spend entire second-quarter operating profit on coronavirus response.
Amid Coronoravirus outbreak, Amazon suspends non-essential product supplies
Mar 17, 2020, at 11:20 pm
New York/IBNS: In a move to stock enough necessary items and free up inventory space amid the Coronavirus scare, Amazon.com Inc has announced to suspend sellers from sending non-essential products to its US and UK warehouses until April 5, media reports said.