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Amazon India leases ~ 2.6 lakh sq. ft. of office space at Godrej Two, Vikhroli

Godrej Fund Management, the real estate private equity arm of the Godrej Group, has entered into a deal, which is a combination of a lease and an option to lease for ~ 2.6 lakh sq. ft. of office space...

Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High Court

Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre (SIAC) was of...

HC seeks Amazon reply on Future Retail plea to restrain it from interfering in Reliance deal

The Delhi high court on Tuesday sought Amazon's response on a plea by Kishore Biyani led Future Retail Ltd (FRL) alleging that the e-commerce major was interfering in its deal with Reliance Retaion the basis of an interim order...

Amazon Fresh extends operations to Kolkata, Chennai, Ahmedabad, Pune

Amazon India on Thursday announced the launch of 'Amazon Fresh' at Kolkata, Ahmedabad, Pune and Chennai. With this expansion, Amazon India has more than 25 such Amazon Fresh centres with a three-fold increase in processing space, the company said in...

Amazon India inks MoU with Silk Mark Organisation of India

Amazon India announced that the company has signed an MoU with the Silk Mark Organization of India (SMOI). As part of the MoU, Amazon will launch an exclusive Silk Mark Store with Silk Mark labelled products through multiple sellers associated...

Amazon seeks Rs 1,431 cr from Future Retail in damages

Future Retail has told the exchanges that Amazon has sought damages amounting to Rs 1,431 crore, along with interest, for the investment the latter had made into Future Coupons Pvt Ltd. In a regulatory filing, Future Coupons said that even...

Only RIL deal can pull Future Retail out of crisis: Future tells bourses

Urging the BSE and NSE to go ahead with the processing of the application of Future Retail's proposed buyout by Reliance Retail Ventures Ltd (RRVL), Future Retail has told the exchanges that it is in deep financial trouble and...

'Amazon's contention misconceived': Future asks bourses to process RIL deal

A week after a Singapore arbitration court directed a temporary stay on Future Retail's buyout by RIL-led Reliance Retail Ventures Ltd (RRVL), Future urged the Indian exchanges, the BSE and the NSE, to process its application for the deal...

Amazon reports 37 pc growth in sales, expects bumper holiday season

E-commerce behemoth Amazon has reported better-than-expected Q3 results in the pandemic times when people tend to shop more online, as net sales increased 37 percent to US$ 96.1 billion in the third quarter, compared with US$ 70 billion in...

Amazon launches website in Sweden

Amazon has launched shopping website in Sweden. Customers across Sweden can visit Amazon.se to shop from a selection of over 150 m products, with the benefit of everyday low prices and reliable free delivery for eligible orders above SEK...
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Lavie opens 10th exclusive retail store in Pune

The new store is located at Aero Mall, near Pune International Airport, LohegaonBengaluru: Fashion and lifestyle brand Lavie, parented...
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