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Amazon challenges Competition Commission of India's probe in court

TMT

10 February, 2020

Amazon challenges Competition Commission of India's probe in court

Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause ......

Budget 2020: Startups get a tax carrot, e-commerce firms get a TDS stick

TMT

01 February, 2020

Budget 2020: Startups get a tax carrot, e-commerce firms get a TDS stick

Finance minister Nirmala Sitharaman proposed tax reliefs and a slew of feel-good initiatives for startups, including the launch of a ......

Amazon's $1 bn investment in India no big favour: Piyush Goyal

TMT

16 January, 2020

Amazon's $1 bn investment in India no big favour: Piyush Goyal

Amazon hasn’t done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, ......

E-commerce firms shouldn't offer heavy discounts: CCI chief

TMT

14 January, 2020

E-commerce firms shouldn't offer heavy discounts: CCI chief

Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar rivals ......

CCI orders antitrust probe against Amazon, Flipkart

TMT

13 January, 2020

CCI orders antitrust probe against Amazon, Flipkart

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart’s Flipkart, the ......

Walmart sacks 56 executives in India restructuring

Consumer

13 January, 2020

Walmart sacks 56 executives in India restructuring

Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. The ......

Amazon boss Bezos to face protests from traders during India trip

People

13 January, 2020

Amazon boss Bezos to face protests from traders during India trip

Thousands of small-scale traders in India are planning to organise protests against Amazon.com Inc founder Jeff Bezos, who will visit ......

Explained: How anti-monopoly body CCI's guidelines may affect e-commerce sector

TMT

09 January, 2020

Explained: How anti-monopoly body CCI's guidelines may affect e-commerce sector

Foreign investors looking to pump money into online retailers in India may have to brace for new rules, as the ......

Recession, robots and rockets: Will world markets see another roaring 20s?

Markets

27 December, 2019

Recession, robots and rockets: Will world markets see another roaring 20s?

Helicopter cash, climate crises, smart cities and the space economy -- investors have all those possibilities ahead as they enter ......

CDC Group delivers a $36-mn investment parcel to Ecom Express

Infrastructure

10 December, 2019

CDC Group delivers a $36-mn investment parcel to Ecom Express

CDC Group Plc, the UK government's development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) ......