Page 14 - Amazon

Govt to tap Amazon, Flipkart data in inflation revamp, launch index

The move could make India's retail inflation data more robust by accounting for prices on online platforms as their share in household spending rises

Alvarez & Marsal plans to triple global capability centre staff in India

BENGALURU (Reuters) -Consulting firm Alvarez & Marsal plans to nearly triple its global capability centre staff in India to 2,000 by the end of 2028, a top executive told Reuters, joining a growing league of firms seeking to tap talent in the world's most populous nation.

Amazon to revamp Fire tablets with Android in major Kittyhawk project

As part of a project known internally as Kittyhawk, Amazon plans to release a higher-end tablet as soon as next year offering the Android operating system software for the first time

Amazon India upbeat on festive season after strong Prime Day sales

Amazon India is "excited" about the festive season, its optimism bolstered by strong Prime Day sales last month and rising demand from smaller cities, the e-commerce giant's India Head Samir Kumar has said, adding the company has stepped up supply-side readiness to meet expected festive demand. Festive season shopping remains one of the biggest annual opportunities for brands, driven by cultural calendar, gifting traditions, lucrative discounts dished out, and consumer appetite for new and seasonal products. According to 2025 edition of the JioStar Festive Sentiment Survey, 92 per cent of Indian consumers plan to continue or increase their festive spending this year, signalling robust consumer confidence and a golden opportunity for brands. "I can tell you that as Amazon, we are preparing well for the event including fulfilment capabilities. We are enabling sellers to send their products into our fulfilment centres and we are getting ready for that. So I'm really excited about the .

US retail sales rise 0.5% in July on strong auto demand, major promotions

Retail sales rose 0.5% last month after an upwardly revised 0.9% gain in June, the Commerce Department's Census Bureau said on Friday

Jackie Bezos, who backed son Jeff's Amazon dream, passes away at 78

Jeff Bezos wrote that his mother passed away surrounded by so many of us who loved her, saying her death followed a long fight with Lewy body dementia

GenAI paradox: Companies pouring billions into AI; it has yet to pay off

The winners so far have been the suppliers of AI technology and advice. They include Microsoft, Amazon, and Google, which offer AI software, while Nvidia is the runaway leader in AI chips

India to be key driver of our long-term growth: Amazon's Samir Kumar

India is expected to become one of the largest contributors to Amazon's long-term growth, its country head Samir Kumar said on Wednesday, adding that the e-commerce giant is doubling down on its focus in the market, where it is investing billions of dollars. India is still not as deeply penetrated in terms of online consumption and therefore, presents a "very large opportunity" for Amazon, Kumar, who is now helming operations here as the Country Manager of Amazon India, told PTI in an interview. It is pertinent to mention that Amazon has committed to significant investment in its India infrastructure, about Rs 2,000 crore for 2025 alone. It has previously outlined a broader investment pledge of USD 26 billion by 2030, with close to USD 15 billion between 2023 and 2030. Kumar said India is among the fastest-growing markets for the company. "And we are a big believer that in the long run, India will be one of the biggest contributors to our growth," Kumar said, but did not give a ...

Metropolis Healthcare unperturbed by Amazon's diagnostics segment foray

'Amazon's entry is through a partnership with Orange Health. It is more of a distribution through Amazon'

With the festival season near, essential tips for navigating online sales

To avoid fake discounts, no-cost EMIs, and buy now-pay later offers, go for pre-planned purchases only, and stick to the budget decided upon beforehand

Amazon Web Services bets big on India's talent in the global AI race

Amazon Web Services is investing $12.7 billion in India, banking on its developer base and infrastructure to shape the future of artificial general intelligence

Why Big Tech is turning to nuclear energy to power the AI revolution

Technology giants are exploring nuclear energy as a sustainable solution to fuel the rapidly growing energy needs of AI-driven data centres

Amazon tumbles after cloud computing growth disappoints investors

Growing expenses have also started to take a bite out of AWS's margins, the business that has long been Amazon's profit engine, accounting for about 60 per cent of its operating income

Wall St selloff sparked by Trump tariffs, Amazon results, weak payrolls

Hours ahead of the tariff deadline, President Donald Trump signed an executive order imposing duties on US imports from countries including Canada, Brazil, India and Taiwan

Tech Wrap July 29: Amazon Echo Show 5, New Copilot Mode, JioPC AI cloud

Alexa-powered Echo Show 5 launched. New Copilot Mode in Microsoft Edge. JioPC cloud computer. Legion Pro OLED curved monitor launched in India. Epson EpiqVision Mini laser projectors launched.

Amazon launches Alexa-powered Echo Show 5 (3rd generation) display in India

Amazon Echo Show 5 (3rd Gen) features a 5.5-inch display, improved microphone array, smart home controls, and Drop In camera monitoring. It is now available for purchase at Rs 10,999

Amazon introduces Kindle Colorsoft and Kindle Colorsoft Kids: What is new

Amazon expands its Kindle lineup with a 16GB Coloursoft model and a Kids Edition featuring colour highlights, child safety features, and a kid-friendly reading experience

Amazon's Jeff Bezos may acquire CNBC to expand media reach, says US tabloid

Since buying The Washington Post in 2013, Jeff Bezos has faced major losses at the paper and is now reportedly considering acquiring CNBC to expand his media portfolio

Amazon cuts hundreds of AWS jobs amid shift towards generative AI tools

Amazon has laid off hundreds of employees in its AWS cloud division as part of a wider shift towards AI-driven automation, despite strong March-quarter growth in sales and operating income

HC tells Amazon, Flipkart to take down goods infringing Reliance marks

Court restrains sellers from misusing Reliance and Jio trademarks and directs major e-commerce platforms to delist infringing listings and share seller information