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Latest Articles in amazon

Currently Investigating Use Of Platform For Sourcing Marijuana, Says Amazon

The accused were operating the racket through a leading e-commerce firm, which received two-thirds of the profits generated

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Will Expose Amazon's Misrepresentation Before CCI: FRL Independent Director

In November 2019, Amazon had acquired a 49 per cent stake in Future Coupons Pvt Ltd (FCPL), a company that holds a stake in FRL. CCI had given its approval for Amazon to acquire stake.

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Indian Agency Seeks Documents From Future On Disputed Amazon Deal

That transaction has been put on hold by an arbitrator and Indian courts after Amazon argued Future had violated its contracts with the U.S. company by entering into the sale. Future denies that, and says Amazon is illegally exerting control over the Indian firm's business decisions.

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Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon

Amazon has been locked in a tussle with Future and accuses it of breaking contracts when it sold its retail assets to Indian market leader Reliance last year. Future denies any wrongdoing.

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Amazon Annual Prime Membership Fee Increases To Rs 1,499

The spokesperson added that the price of prime membership in India will be changing very soon, and the company will announce the exact date of the price change at a later time.

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US Consumer Watchdog To Query Tech Giants Over Financial Data

The Consumer Financial Protection Bureau plans to send the companies a 55-page request for information about how they collect, use and market consumer financial data.

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Amazon Accused For Misleading Congress

The letter also states that the committee is considering "whether a referral of this matter to the Department of Justice for criminal investigation is appropriate.

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Industry Bodies Urge ‘Probe’ & ‘Intervention’ Against Amazon, Again

Industry bodies condemns Amazon’s predatory playbook of copying, rigging and killing Indian brands, urges Government for timely intervention.

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Over 85% New Customers On Amazon From Tier 2 And Beyond: VP Manish Tiwary

After helping consumers throughout this period, the festival season is the time when big e-commerce companies aim to earn high revenue by alluring customers with several sales and schemes.

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CAIT Writes To PM Modi, Urges Direct Investigation On Amazon, Flipkart Business Module

The Trade Body demanded the suo moto cognisance and investigation by law agencies of India since the said alleged charges are attributed to government officials.

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Amazon, Flipkart See Strong Start To Festive Sale; Tier-II, III Cities Drive Momentum

Amazon India Vice-President Manish Tiwary said the platform saw a 60 per cent increase in sellers who received their highest-ever single-day sales year-on-year on Amazon.in.

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Amazon Clarifies To Govt On Reported Legal Fee; Says Expense Includes Professional Fee

The e-commerce giant, which is said to be investigating alleged bribes paid by its legal representatives in India

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Amazon Advances Festive Sale Date, Great Indian Festival To Now Start On Oct 3

The competition between the two giants is expected to be intense, similar to previous years, as both will see their festive sale now starting on October 3.

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Amazon's New Service To Aggregate Video Streaming Apps In India

The move comes at a time of increasing competition from global and domestic rivals in an important market for the US tech company.

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Amazon Launches Prime Video Channels, To Provide Content From Multiple Streaming Services

The launch of Prime Video Channels is a step towards making Amazon Prime Video the preferred entertainment destination for customers in India

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