The bank also listed out targets for merchant acquisitions and said it is aiming for a 5 percentage points reduction in its cost-to-income ratio as a result of the digital push
Flipkart saw 2x more sale; for Amazon, it was the biggest-ever in a single day
War rooms of the two e-commerce giants are buzzing as they prepare for the big battle on Sunday
According to sources, some e-commerce firms have asked the government to extend the date
Amazon is a key strategic partner for Apple as well as OnePlus
Alphabet's Google paused all human review of assistant audio in July after a Dutch contractor leaked some clips to a journalist, who was then able to identify specific people on the recordings
Amazon will buy 100,000 electric vans from a start-up and invest $100 million to restore forests and wetlands.
Launched in India in 2017, Alexa was able to understand and pronounce names of popular places, names and songs in regional languages but supported commands only in English
Both Amazon India and Flipkart had said earlier this week that there were no signs of a slowdown in e-commerce
It is estimated to hit 13.2 million subscribers in the region by the end of this year
Rival Flipkart also recently announced expansion of its supply chain ahead of the festive sales
From LIC equity kitty taking a hit to crude oil prices rising due to shortage in supply, here are the top 10 business headlines on Tuesday
According to a report by consultancy firm Kantar, the number of online buyers has dropped across several key categories in the first half of 2019
Keen to convert first-time users into avid online shoppers, e-commerce platforms rethink the digital experience
Amazon said, it has seen its furniture business in the country grow by over 120 per cent over the last year.
Flipkart has tied up with SpiceJet to hold a massive 'marketing in the air' campaign
The move comes as scrutiny of the big tech companies deepens and widens across the federal government and US states and abroad
From the Ruias being set to wrest back control of the Mahan Power project to the govt's warning that GST relief for auto cos may raise burden on other goods, here are Thursday's top business headlines
Amazon hasn't disclosed an investigation by the FTC, and the agency rarely confirms scrutiny of individual companies
Amazon moved SC after HC division bench refused to stay interim injunction against co-selling Amway, others products