Page 4 - Amazon India

Amazon India to infuse over Rs 2,000 crore to boost pan-India operations

Amazon will invest over Rs 2,000 crore in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday. Investments will support network expansion and upgrades to serve customers faster and more reliably, advance technology and innovation, and improve employee and associate well-being, Amazon said in a release. The investment announcement comes at a time when India's e-commerce market is booming, fuelled by broadband penetration, affordable smartphones, digital payments, increasing spends from affluent and middle-class households, as well as a mobile-first, digitally-charged younger population. Companies like Amazon and Walmart's Flipkart, as well as smaller online players have reshaped India's e-biz landscape over recent years investing billions of dollars into the booming e-commerce market in the country, which as per some estimates, is poised to grow at a compound annual growth rate (CAGR) of 21 per cent and reach USD 325 billion in 2030. Announcing t

Amazon India adds flat ₹5 fee on all customer orders, Prime included

Amazon India introduces ₹5 marketplace fee across all orders including Prime, following Flipkart and quick-commerce peers; exemptions apply to digital purchases

Ecom cowboy: How Amazon's Kumar follows Bezos' fast and fearless philosophy

An Amazon veteran, Kumar swears by Jeff Bezos philosophy of moving fast, taking risks, and not fearing failure

Amazon adds AI-powered audio summaries for enhanced shopping experience

Amazon is testing AI-generated audio summaries on select product pages, offering shoppers a quick, conversational way to hear key features and reviews before purchase

E-commerce giants Flipkart, Amazon deepen fashion push in smaller cities

Flipkart's ethnic wear and Amazon's Serve store are driving fashion growth in Tier 2 and 3 cities with rising Gen Z demand and expanding customer bases

Motorola Razr 60 Ultra to be launched in India on May 13: What to expect

Motorola is expected to launch the Razr 60 Ultra in India without much fanfare. According to the product listing on Amazon India, the flip-style foldable smartphone will launch at 12 pm on May 13

Amazon India leases 94,000 sq ft office space in Mumbai's Vikhroli

Amazon India entities lease 94,254 sq ft in Godrej Two, Vikhroli East for ₹1.73 crore monthly rent with no security deposit and 5 per cent annual rent escalation

Amazon India's 9th Prime Day returns this July with big deals, perks

The event promises some of the biggest deals of the summer across categories such as electronics, beauty products, kitchen essentials, and fashion for Prime members

Amazon launches Kindle Paperwhite in India with 7-inch display at Rs 16,999

The Kindle Paperwhite features a 7-inch display, more on-device storage, and improved performance with 25 per cent faster page turns, said Amazon

ED seeks Apple, Xiaomi sales records in Amazon, Flipkart investigation

Enforcement Directorate expands Amazon, Flipkart investigation; smartphone brands asked to share online sales contracts and data

Amazon-backed More Retail eyes IPO next year, plans to double store count

Mumbai-based More, known for its neighborhood supermarkets and fresh grocery offerings, operates one of the country's largest retail chains, with 775 stores as of its latest count

BIS raids Amazon warehouse in Hyderabad, seizes 2.7K 'uncertified' products

The Bureau of Indian Standards (BIS) conducted a search and seizure operation at a warehouse of e-commerce major Amazon here and seized 2,783 "uncertified" consumer products. The seized products, which were being sold without the requisite BIS Standard Mark, are estimated to be worth more than Rs 50 lakhs, an official release said here on Wednesday. The operation was conducted on Tuesday at the warehouse located in Airport City, Shamshabad for violation of the provisions of the BIS Act, 2016, it said. During the raid, a total of 2,783 consumer goods, including smartwatches, electric water heaters, CCTV cameras, domestic electric food mixers, domestic pressure cookers, wireless earbuds, and electric and non-electric toys were found stored and offered for sale without the mandatory BIS Certification. These products fall under the purview of Quality Control Orders (QCOs) issued by the Government of India, making BIS certification compulsory. The offence under this provision is cogniz

Reducing fees helps sellers reach deeper into Tier 3, 4 cities: Amit Nanda

Nanda said this is Amazon India's highest-ever reduction in seller fees to support lakhs of small businesses across the country selling on its platform

Amazon partners with Youth4Jobs to empower women sellers with disabilities

E-commerce major Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by providing essential resources, tools, and training to succeed in the digital e-commerce ecosystem. Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers, according to a company statement. The alliance aims to bridge the gap between talented women with disabilities and wider market opportunities, and help them leverage the Amazon platform to grow their business online, it said. The women sellers will get hands-on training in digital marketing, performance marketing, product listing optimisation, and advertising solutions to help them establish a robust online business. They will also get access to data-driven insights and metrics to attain a greater understanding of customer behaviour, expectations, and key market trends. "Our collaboration with Youth4Jobs aims to support wo

Ministry of DoNER working with Amazon to boost Bamboo market, says official

The Ministry of Development of North East Region would explore the market opportunities for Bamboo in domestic and overseas markets and it was working with Amazon and two other companies in this connection, a senior government official has said. Besides promoting Bamboo locally, the Ministry would also look for shipping them to neighbouring countries like Bangladesh, Myanmar, Ministry of Development of North Eastern Region (MDoNER) Secretary Chanchal Kumar said. At a recent roadshow in Chennai, Union Minister for Communications and Development of North Eastern Region Jyotiraditya M Scindia said nearly 38 per cent of the Bamboo was produced in the North Eastern States. This provides a huge opportunity for Chennai which has a huge furniture-making industry, he said. "Today, we can grow that Bamboo, process it to manufacture furniture and export it (to other parts of the country). Right now, my Ministry is working with Amazon and two other companies to adopt self-help groups in the Nor

Amazon sells Quess Corp shares for Rs 46 cr, Fairfax Capital hikes stake

Global e-commerce giant Amazon on Saturday sold shares of business services provider Quess Corp for Rs 46 crore through an open market transaction, while promoter billionaire Prem Watsa promoted Fairfax Capital increased its holding in the company. US-based Amazon, through its investment arm Amazon.com NV Investment Holdings, offloaded 7.54 lakh shares or 0.50 per cent stake in Bengaluru-based Quess Corp, as per the bulk deal data available on the BSE. The shares were disposed of at an average price of Rs 610.20 apiece, taking the transaction value to Rs 46.03 crore. Meanwhile, Fairfax Financial Holdings' affiliate Fairbridge Capital (Mauritius) and Ajit Isaac (Chairman of Quess Corp), the two promoters of Quess Corp, increased their holdings, by picking up an additional 3.77 lakh shares of the company each. "Pursuant to Sebi (Listing Obligations and Disclosure Requirements) regulations, 2015, we would like to inform that Fairbridge Capital (Mauritius) Ltd has purchased 3,77,218 ..

Amazon Web Services to invest Rs 60,000 cr for expansion in Telangana

Amazon Web Services (AWS) will invest Rs 60,000 crore to expand its data centre infrastructure in Telangana, state government said. Chief Minister A Revanth Reddy and IT and Industries Minister D Sridhar Babu held meetings with senior executives from AWS at the ongoing World Economic Forum at Davos, Switzerland, it added. "AWS will be expanding its data centres in Hyderabad in a big way with plans for fresh investment of around Rs 60,000 crores. With this AWS Region in Hyderabad will play an increasingly important role in supporting AWS's growth of cloud services in India, including AI in the future," a state government press release issued on Thursday stated. The AWS side was represented by Michael Punke, Vice President, Global Public Policy. The leaders discussed the Telangana government's supportive role in creating a welcoming environment for establishing data center infrastructure in the state, and the strategic importance of the state for AWS's operations in India, it said. A

Amazon to acquire fintech firm Axio to expand credit services in India

Information about deal size for Bengaluru-based firm not disclosed

Amazon Echo Spot review: A perfect smart accessory for your bedside table

The Amazon Echo Spot is positioned as an Alexa-enabled smart alarm clock with a customisable display, rather than as a traditional smart speaker or display

Amazon launches new Echo Spot with customisable compact display: Details

Priced at Rs 8,999, the new Amazon Echo Spot is available in Black and Blue colourways on e-commerce platform Amazon India, quick commerce platform Blinkit, and at Croma retail stores