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Latest Articles in amazon

Amazon To Acquire Full Stake In JV Prione Business Services

In August, Amazon and NR Narayana Murthy's Catamaran had announced that they will not continue their joint venture, Prione Business Services, beyond May 2022.

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Future Group Stocks Surge 20% After India Suspends 2019 Amazon Deal

The suspension potentially dents Amazon's attempts to block the sale of Future's retail assets to Reliance Industries' unit.

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Amazon-Future case: SC To Hear Future Groups Plea On Jan 11

The court again expressed displeasure on Wednesday over the written notes submitted by Future Group.

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Amazon Server Outage Takes Down Shopping Site, Prime Video And More

Downdetector showed more than 14,000 incidents of people reporting issues with Amazon. This would be the third outage for the company this year.

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Amazon Infuses Capital Worth Rs 650 Cr In Wholesale India Unit

The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. Amazon has been aggressively investing across various business units in India.

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Climate Activists Greets Amazon's Black Friday, Strikes In Europe

"Black Friday epitomises an obsession with overconsumption that is not consistent with a liveable planet," the Extinction Rebellion group said after blocking 13 Amazon depots across the United Kingdom.

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Amazon, Asian Paints, Tata Tea, Zomato, Among 'Most Purposeful Brands' In India: Report

The Brands that quickly revised their policy during the pandemic to serve their customers in the challenging times, hiked the wages of delivery staff and strengthened their supply chains won the hearts of Indian consumers, researchers say.

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Amazon Urges Supreme Court To Pause Anti-Trust Review Of Future Group Deal: Report

The watchdog noted in an internal document - seen by Reuters - that it had decided to give no extensions to the company to explain its position and will now issue an order in due course.

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Future Retail Employees Urge Top Court To Clear Asset Sale In Amazon Dispute

As Supreme Court hears the dispute, a group of Future Retail (FRL) employees have filed a petition urging the court to rule against Amazon, saying their livelihoods were at stake.

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CCPA Issues Notice To Amazon, Flipkart, 3 Others For Selling Sub-Standard Pressure Cookers

CCPA has already issued directions to district collectors across the country to investigate unfair trade practices and violation of consumer rights concerning manufacture or sale of such goods.

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India Police Charge Amazon Execs In Alleged Marijuana Smuggling Case

The police, who had previously summoned and spoken to Amazon executives in the case, estimate that about 1,000 kg of marijuana, worth roughly $148,000, was sold via Amazon.

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Princes To Paupers: India's Salesmen Face Ruin As Tycoon Ambani Targets Mom-and-pop Stores

The country has around 450,000 traditional distributors, who have legions of salespeople to service every corner of the vast nation, including 600,000 villages. They typically earn a margin of 3-5per cent on product prices and mostly take orders physically once a week, making deliveries to retailers within a couple of days.

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Amazon To Stop Accepting Visa Credit Cards in UK Over Payments Dispute, May Also Drop Visa as Partner in US

The e-commerce giant is in talks with several payment networks including Mastercard, American Express, and Visa as part of what it called its standard process for reviewing its co-branded credit card agreement

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Delhi HC Directs CCI To Dispose Off Amazon Issue Within 2 Weeks

The direction was issued on a Public Interest Litigation (PIL) filed by the Confederation of All India Traders (CAIT)

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Competition Commission Of India To Meet Amazon, Future Coupons On Jan 4

Independent directors of Future Retail Ltd have approached the CCI to seek revocation of the nod given to the US giant's 2019 investments into FCPL, FRL promoter group entity.

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