Page 5 - Amazon India

E-comm firms must ensure transparency, trust: Pralhad Joshi at Amazon event

Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant role to play in ensuring transparent, trustworthy, and safe shopping environment for all consumers. Speaking at Amazon smbhav Summit, Joshi outlined the government's all-out efforts to ensure that consumer rights are protected through slew of measures such as Consumer Protection Act, establishment of central consumer protection authority, consumer helplines, and specific rules to protect consumers from unfair trade practices in e-commerce sector. The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size, and potential of India market. "While this digital revolution offers incredible opportunities, our government believes it is equally important for our consumers to feel confident and make informed choices, and for the e-commerce platforms to gain the trust and the confidence of the consumer is equally very, very, .

Why antitrust body CCI has moved Supreme Court against Amazon, Flipkart

The CCI has moved the Supreme Court to expedite the resolution of 24 court cases pending against Amazon and Flipkart, asserting that they were intended to derail its probe

Identify Bangladeshis, Rohingya working as delivery agents: Giriraj Singh

Union minister Giriraj Singh on Saturday claimed Bangladeshi nationals and Rohingya were working as delivery agents for food delivery companies and online shopping platforms and added that they should be identified. Singh made these remarks in Hyderabad, where he attended the convocation of NIFT-Hyderabad. "The services sector, whether it is Zomato, Swiggy or Flipkart, the delivery boys are Bangladeshis and Rohingya. Efforts should be made to identify them and hand them over to police," he told PTI Videos on the sidelines of the event. The Union minister also threw his weight behind Yogi Adityanath over his comments drawing a parallel between Sambhal and Bangladesh, saying the Uttar Pradesh chief minister did not say anything wrong. Adityanath had on Thursday said the actions of Mughal emperor Babur's commander in Ayodhya and Sambhal 500 years ago and the events happening in Bangladesh at present shared the same nature and intent. "Look at the kind of acts our enemies in neighbour

Amazon under fire in India: Unsafe warehouse, unrealistic targets exposed

A media report based on RTI findings and court records reveals safety lapses, forced break bans, and unrealistic targets at the Amazon's Manesar warehouse, with workers alleging harsh conditions

Amazon Black Friday sale: Check deals, offers on Apple, Samsung smartphones

iPhone 16 and 16 Pro are available with bank discounts, exchange offers, and no-interest EMI options. Discounts and offers are also available on Samsung and OnePlus smartphones

Amazon India's first-ever Black Friday event to go live on November 29

Amazon is also offering deals on products such as Sony PlayStation and Xiaomi Smart LED TV

Tech wrap Nov 28: Lava Yuva 4 launched, Redmi K80 series, Black Friday sale

Lava Yuva 4 launched. Redmi K80 series in China. Amazon's maiden Black Friday sale. OnePlus Ace 5 to be rebranded as the OnePlus 13r. xAI's standalone app for Grok. Samsung Galaxy S25 series

Amazon's maiden Black Friday Sale in India to kick off from November 29

Amazon said that brands like Apple, Samsung, Sony, LG and more are participating in its first Black Friday sale in India

Amazon India advances qcom venture 'Tez' launch, likely by late Dec

Amazon had planned to introduce the service in the first quarter of 2025, but the timeline has reportedly been expedited with the launch scheduled for this year-end or early 2025

Amazon scam: Karnataka HC rejects plea to quash FIR in Rs 69 lakh case

The Karnataka High Court has dismissed a petition seeking quashing of an FIR against two individuals accused of defrauding e-commerce giant Amazon of over Rs 69 lakh. Justice M Nagaprasanna described the case as an example of modern age crime. The petitioners, Sourish Bose and Deepanvita Ghosh, had sought to have the FIR and a magistrate court's order taking cognisance of the case set aside. The duo was booked in 2017 after an Amazon employee uncovered their alleged fraudulent activities, which had reportedly been going on for years. According to the complaint, Bose would order high-end products from Amazon using his bank account, have them delivered to Ghosh's address, and request a return within 24 hours. After obtaining a refund, Bose allegedly used to replace the genuine items with cheap imitations, re-packed them, and send them back to Amazon. The prosecution stated that the return addresses were sometimes linked to Ghosh's residence, while other times they were associated wi

EU to investigate Amazon next year, its share price drops by 3% post report

Amazon could face a substantial fine of up to 10 per cent of its annual global revenue if it is found guilty of breaching the European Union's Digital Markets Act

Amazon shifts to new office near Bengaluru airport in cost-cutting move

Amazon currently occupies almost 500,000 sq ft of office space at the World Trade Centre (WTC), a 30-floor building owned by Brigade Enterprises Limited

Amazon launches facility in Bengaluru to train school students in tech

Initiative in AI, robotics aims to have 4,000 'young innovators' by next year

Amazon Seller Services cuts net loss by 28% in FY24; revenue jumps 14%

The company also reduced its net loss by 28 per cent during the year to Rs 3,469 crore, showed financial data sourced from business intelligence firm Tofler

More than 85% Amazon sale customers from non-metros: Saurabh Srivastava

Srivastava revealed that Amazon delivered over 30 million products the same day or next day (to Prime members), and customers had access to over 25,000 new product launches from top brands

Amazon India records high growth in premium product sales during festivals

Demand for premium products across categories, including television, smartphones, and large appliances, dominated the Diwali season sale during the Amazon Great Indian Festival (AGIF) 2024 that commenced from September 27, a senior company official said on Saturday. Amazon India Vice President Saurabh Srivastava told PTI that the company recorded 10-times growth in Apple iPad sales and five-times growth in Samsung tablets during the Amazon Great Indian Festival (AGIF) 2024. "One clear trend that was there is premiumisation. When we look at it, whether it is televisions or fashion and beauty, gaming laptops, home and kitchen appliances, we have seen a clear trend of premiumisation. People are preferring more premium products. Again, this is not limited to just top cities," Srivastava said. He said large-screen TVs contributed to about 30 per cent of the total unit sales in the segment and there was 10-times growth in their demand on a year-over-year basis with Samsung, Xiaomi, and So

Amazon Great Indian Festival 2024 records 1.4 billion customer visits

The e-commerce firm said that more than 85 per cent customers were from non-metro cities

Quick commerce boom: Industry giants race to claim their slice of the pie

India's quick commerce sector has seen an astonishing growth rate, with sales increasing by more than 280 per cent over the past two years

Amazon Great Indian Festival: How to turn UPI payments into Rs 10k rewards

Amazon Pay UPI usage surges by a record 16% YoY in the First 48 Hours of the Amazon Great Indian Festival 2024

Prime Video viewers in India to face ad interruptions starting 2025

Amazon's Prime Video said that it aims to have 'meaningfully fewer' advertisements compared to its competitors as the company braces for a heated competition in the Indian streaming market