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CAIT said it is most surprising that these companies are incurring thousands of crores of rupees losses every year but are still continuing their business activities which is much against the basic fundamental of business.

Amazon Doing Extremely Well In India: Jeff Bezos

Bezos had committed investment worth $5 billion in the Indian market in 2016.

Amazon Brings 'Project Zero' To India To Help Brands Fight Counterfeits

The initiative was launched earlier this year in the US, Europe (UK, France, Italy, Spain, and Germany) and Japan.

Massive H-1B Denial Rates For Indian IT Companies Under Trump Admin: Report

Economy India

The denial rate of H-1B petitions for initial employment for Amazon, Microsoft, Intel and Google in 2015 was just 1 per cent.

Amazon Pumps In More Than $600 Million Into India Units

The company did not immediately clarify where or how the money would be used.

Walmart Chief Seeks Stable Business Environment From Modi: Report

In January, Walmart told the US government privately that India's new rules were regressive and had the potential to hurt trade ties.

India Will See Biggest E-commerce Battle Ever With New, Upcoming Players

Rishabh Mehra

Here’s a view to the e-commerce giants that are dominating India’s online shopping space:

Govt Probing Flipkart, Amazon For Alleged Discount Sales: Piyush Goyal

Economy Policy Trade & Commerce

Detailed questionnaires have been sent to Flipkart, Amazon and their response is awaited, said commerce minister Piyush Goyal.

Amazon, Flipkart Make Record First-Day Festive Sales In India

Amazon reported record sales of about Rs 7.5 billion ($7.07 million) in 36 hours in the premium smartphone brands category, while Flipkart said all major categories, including beauty, baby care, private labels and furniture, saw double-digit sales growth from a year ago in the first day.

Festive Sale: Amazon To Launch 55” QLED OnePlus TV, Snapdeal Partners RuPay To Offer Discounts

Navneel Maji

For the festive sale period from September 29 to October 4, Amazon is set to launch 55” QLED OnePlus TV and Snapdeal is partnering with RuPay to provide a 20 per cent discount to around 600 million users.

Amazon Develops Longer-Range Wireless Network For IoT Devices

The Amazon Sidewalk, announced alongside a new range of Echo speakers and a multilingual mode for its Alexa virtual assistant, underscores the firm's growth expectations for the IoT.

Amazon, Flipkart Create Over 1.4 Lakh Temporary Jobs Ahead Of Festive Sales