Amazon India said one in two Prime Day items were delivered within minutes in Amazon Now cities, while over 70 per cent of new Prime memberships came from Tier-2 and Tier-3 markets
Amazon says customers using its generative AI-powered shopping tools are three times more likely to make purchases, with adoption in India rising sharply year-on-year
Amazon Seller Services has leased a 417K sq ft warehouse in Bhiwandi for nine years at a monthly rent of ₹1.26 crore, with annual rent escalation of 5 per cent
Amazon Seller Services Private Limited has leased a 417,248 sq. ft. warehouse in Bhiwandi, Thane from Ecobox Industrials Asset V Private Limited under a 9-year agreement.
Order book settled at about 1.6 times the deal size, below this year's average for US investment-grade bonds, as AI-related debt issuance continues to surge
AICPDF has urged the Centre to examine whether Amazon and Flipkart's quick commerce models comply with FDI rules and their impact on India's retail ecosystem
The All India Consumer Products Distributors Federation has sought a review of whether Amazon and Flipkart can legally operate inventory-led quick commerce models under the existing FDI policy
The size of the offering could increase depending on investor demand, according to people familiar with the matter, who cautioned that no final decision has been made
Quick commerce has moved beyond emergency groceries, forcing Amazon and other retailers to fight to become the first app consumers open whenever they need to buy something
Amazon Data Services has pre-leased 4 acres in Mumbai's Powai from Larsen & Toubro for its data centre expansion, with a rental commitment of over ₹650 crore across nearly 18 years
As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy
A fire at M&M Logistics Solutions, an Amazon delivery partner in the northern state of Uttarakhand, killed two people on June 5
India’s quick-commerce battle is intensifying as Amazon Now and Flipkart Minutes scale up their operations beyond metro cities. Amazon plans to take Amazon Now to over 300 cities
Announcement comes after CEO Jassy meets PM
The company plans to expand Amazon Now to more than 300 cities as rivals Blinkit, Zepto, Instamart and Flipkart race to build larger fulfilment networks
ArcelorMittal on Monday said it has partnered with Amazon Web Services (AWS) to automate its global operations through the US tech major's cloud and AI capabilities. "The collaboration brings AWS cloud and AI capabilities directly to ArcelorMittal's manufacturing processes, providing opportunities for further optimisation and improvement of safety, asset reliability and energy efficiency," the steel major, which also has a presence in India, said in a statement. The company said it will converge some of its operational technology (OT) and information technology (IT) on AWS infrastructure, designed for security and scale, extending cloud and AI to the edge of its production environments. Using AWS services across industrial IoT, real-time sensor data and machine learning, the company will deploy AI at the point of production, enabling predictive maintenance, computer-vision quality control, process optimisation and digital twins of its physical assets and production lines. Further,
At the stock's intraday high, the market value of Elon Musk's rocket and AI company topped Microsoft Corp. to briefly become the world's fourth-largest stock
In setting aside the CCI's order against Amazon, the Supreme Court has framed regulatory certainty, transparency and fairness as strategic assets for India's investment climate
The e-commerce giant says its Seller Assistant suite can cut routine workloads and help corner-shop merchants go global - as rivals close in
Amazon is in the midst of its "most aggressive phase of expansion" in India yet, country head Samir Kumar has said, adding that the ecommerce giant is firmly focused on playing the long game for market and customer wins. The comment from Amazon India's top honcho comes against the backdrop of the company's recently announced USD 35 billion investment by 2030 - building on USD 40 billion already invested - to support business expansion, AI-driven digitisation, exports and job creation. "If you look at our investments, we are one of the largest investments in India...USD 35 billion over the next five years, USD 80 billion of exports enablement, continuing to invest in Amazon Now and speed with 100 cities and 1,000 micro fulfillment centres, so we are in the most aggressive phase of expansion in India yet, we are here to play a long-term and win in India," Kumar told PTI. Brushing aside concerns over market complexities and rising competitive intensity, Kumar emphasised the company's .