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In Bezos vs Ambani battle, focus on disclosures by Amazon

In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers. Eight absolutely unknown facts are emerging in the...

Future Retail may challenge order stalling deal with RIL

Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL). In a statement, Future Retail said that all the...

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said. Rajah, former...

Amazon makes it easier to shop for sustainable goods

Amazon has launched a new programme to help make it easy for customers to discover and shop for more sustainable products. As part of this programme, customers will now see the ‘Climate Pledge Friendly’ label when searching for more than...

Pandemic sales help Amazon post biggest profit in history

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

Amazon Seller Services gets fresh fund infusion of Rs 2,310 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings and Amazon.com.inc have made the Rs 2,310 crore...

Amazon logs 26 pc revenue growth, to spend US$ 4 billion on COVID-19 expenses

Buoyed by the surge in demand as people stayed home owing to the pandemic globally, net sales increased 26 percent to US$ 75.5 billion for the e-commerce giant in the first quarter of 2020, compared with US$ 59.7 billion...

Amazon joins US$1 trillion club with robust Q4 results

Amazon joined the US$1 trillion club with Apple, Microsoft and Alphabet after shares climbed nearly 11 percent in extended trading as the retail giant reported US$87.44 billion in sales - 21 percent increase (year-on-year) -- for its fourth quarter...

Amazon plans to create 1 million new jobs in India by 2025

Amazon announced that it plans to create 1 million new jobs in India by 2025 through continued investments in technology, infrastructure, and its logistics network. The jobs – created both directly and indirectly – will be across industries, including information...

Amazon to invest US$ 1 billion in India, to bring over 10 million businesses online by 2025

Amazon announced on January 15, 2020 that it plans to invest US $1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands. The company aims to...
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Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD

The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in...
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