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Amazon deployed secret strategy to dodge regulators, documents show

TMT

17 February, 2021

Amazon deployed secret strategy to dodge regulators, documents show

Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its ......

Amazon partners with Foxconn arm to manufacture devices in India

Manufacturing

16 February, 2021

Amazon partners with Foxconn arm to manufacture devices in India

Ecommerce marketplace Amazon is set to start its first device manufacturing line in India later this year.  The Indian arm of ......

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

General

15 February, 2021

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

At least three asset management firms or units operated by them are in talks to acquire control of the Indian ......

Will equalisation levy create a level playing field?

Finance

04 February, 2021

Will equalisation levy create a level playing field?

The equalisation levy, popularly known as the ‘Google Tax,’ will likely hit more foreign companies and not just the top ......

Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

People

03 February, 2021

Jeff Bezos to step down as Amazon CEO, AWS chief Andy Jassy to take charge

Amazon founder Jeff Bezos is stepping down as CEO of the $1.69 trillion technology company. In a letter to employees ......

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

Consumer

28 January, 2021

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

India’s Future Retail has approached a tribunal to seek a key approval for its $3.4 billion asset sale to Reliance ......

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Consumer

25 January, 2021

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Amazon.com Inc has requested an Indian court to block partner Future Group's $3.4 billion deal to sell its retail assets ......

Amazon launches early-stage startup accelerator, announces $50,000 grant

TMT

19 January, 2021

Amazon launches early-stage startup accelerator, announces $50,000 grant

Amazon India on Tuesday announced a partnership with Startup India to launch an accelerator programme for early-stage startups in the ......

India plans foreign investment rule changes that could hit Amazon

TMT

19 January, 2021

India plans foreign investment rule changes that could hit Amazon

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move ......

B2B grocery delivery startup Jumbotail completes $25 mn funding round

TMT

08 January, 2021

B2B grocery delivery startup Jumbotail completes $25 mn funding round

Business-to-business (B2B) grocery delivery startup Jumbotail Technologies on Friday said it had raised $14.2 million in a funding round dubbed ......