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Amazon names veteran Samir Kumar as new India head
Amazon.com named Samir Kumar as its new India head on Wednesday, handing the reins to a 25-year company veteran as ......
TMT
CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws
An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to ......
General
Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit
Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......
Consumer
Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing
India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should ......
General
Grapevine: Amazon nears Axio acquisition; PEs in race for Eye Foundation
Amazon is close to its second acquisition in the Indian fintech space, after Emvantage, a media report said. The company is ......
TMT
Amazon Smbhav Venture Fund's head on strategy, SMB digitisation and more
Ecommerce giant Amazon launched a $250-million (Rs 2,086 crore) venture capital fund in 2021, mainly to support India's small and ......
TMT
Reliance's Jio Platforms gets space regulator's nod to launch satellite internet
A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from ......
General
Deals Digest: Slight uptick in total funding this week but volumes slump
The amount of capital raised by companies from venture capital and private equity firms edged up this week, propelled by ......
TMT
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition ......
Consumer
Samara pumping more cash into portfolio firm ahead of IPO as business flounders
Indian private equity firm Samara Capital is set to infuse additional capital into one of its consumer-facing portfolio companies before ......