Page 20 - Amazon

Not opposed to e-commerce, only want fair competition: Piyush Goyal

Says government aims to balance online and offline businesses, not stifle digital growth

Amazon Mega Furniture Sale 2024: Know about best furniture deals on offer

Amazon is offering heavy discounts on furniture products. The Amazon Mega Furniture Sale 2024 is live from August 20 to 25, 2024

CCI warns staff over unauthorised media contacts, information disclosure

CCI is investigating high-profile companies and reviewing deals involving the likes of Amazon, Walmart's Flipkart, Reliance, Walt Disney and liquor maker Pernod Ricard

Amazon's home, kitchen segment witnesses 25% growth in FY24 in Odisha

E-commerce major Amazon India on Wednesday said its home, kitchen and outdoors segment has grown by nearly 25 per cent in Odisha in the 2023-24 fiscal as compared to the previous year. The company also registered a 15 per cent growth in new customers in Odisha which is one of the fastest-growing states, Amazon India's Home, Kitchen and Outdoors segment Director K N Srikanth said. There is growing demand for sports and sporting equipment in the region with the cricket gears experiencing more than 80 per cent year-on-year growth, he said. Similarly, demand for equipment for racquet sports, including badminton, tennis and table tennis, surged nearly 150 per cent during the last financial year, indicating a strong focus on outdoor sports, he said. The online marketplace has 51 service partners, 52 delivery stations and nearly 16,000 sellers in the state. The company will continue to work with local stores and MSMEs across the state, he added. Catering to evolving customers' needs, Am

WB issues world's 1st carbon removal bond to fund Amazon reforestation

The World Bank sold a nine-year, $225 million note this week which will help raise funds for reforestation in the Amazon

Great Freedom Festival Sale 2024: Huge discounts on TVs, fridges, laptops

Amazon Freedom Sale: Get huge discounts on a wide range of products on Amazon's Great Freedom Festival Sale. Check out some exciting offers here

CBI books 10 call centres on Amazon and Microsoft for alleged cheating

The CBI has booked 10 call centre operators for allegedly cheating the customers of US-based technology behemoths Amazon and Microsoft in the name of offering technical support and luring them with attractive offers for plan upgrades, officials on Friday said. The central probe agency had registered the FIR against 10 call centres on a complaint from the Microsoft of which five also appear as suspects in the case registered on the basis of Amazon's complaint, they said. The two cases were registered on October 4 last year but have been made public on the orders of the special court, the officials said. These call centres allegedly charged the foreigners from their accounts by offering them technical solutions when they tried to activate their fire stick or other Amazon devices, they said. In case of Microsoft, it is alleged that the perpetrators sent 'pop-up' messages to the victims, asking them to call the number to sort out the purported threat that their computers are facing. O

Amazon India sets up 4 hubs to deliver relief material in less than 24 hrs

E-commerce giant Amazon India on Friday said it has set up four hubs, including a temporary hub in West Bengal, to deliver urgent relief material in less than 24 hours, as part of its disaster management strategy. Located at Thane (Maharashtra), Faridabad (Haryana), Hyderabad (Telangana) and Purba Bardhaman in West Bengal, these disaster relief mitigating facilities will enable the company to swiftly mobilize resources and support communities affected by natural disasters like floods, cyclones, cold waves, among others, Amazon India said. The locations of these hubs -- West, North, South and East of India -- have been strategically identified keeping network optimization in mind and developed by a team of experts at Amazon transportation services, it said. The move comes in response to floods in several parts of the country due to heavy rainfall this year, the company said. "Our disaster relief efforts are guided by our extensive logistic network, warehousing expertise and our ...

Deforestation in Amazon forest at its lowest level since 2016: Brazil govt

Deforestation in Brazil's Amazon rainforest slowed by nearly half compared to the year before, according to government satellite data released Wednesday. It's the largest reduction since 2016, when officials began using the current method of measurement. In the past 12 months, the Amazon rainforest lost 4,300 square kilometers (1,700 square miles), an area roughly the size of Rhode Island. That's a nearly 46% decrease compared to the previous period. Brazil's deforestation surveillance year runs from August 1 to July 30. Still, much remains to be done to end the destruction and the month of July showed a 33% increase in tree cutting over July 2023. A strike by officials at federal environmental agencies contributed to this surge, said Joo Paulo Capobianco, executive secretary for the Environment Ministry, during a press conference in Braslia. The figures are preliminary and come from the Deter satellite sytem, managed by the National Institute for Space Research and used by ...

Amazon partners with govt emporiums, NGOs, trade bodies to empower artisans

Customers can shop for over 1.5 lakh products featured from 25 states depicting regional various crafts of India

Amazon India head Manish Tiwary to leave company in October, says report

Tiwary headed the firm's India operations for eight years

Amazon Great Freedom Festival sale: Check deals on iPhones, foldables, more

In the Great Freedom Festival sale, Amazon is offering discounts, bank offers, and no-cost EMI on a range of smartphones, including Apple iPhone and foldables from OnePlus and Motorola

Google, Amazon, Walmart seeks to join RBI'S digital currency project

Google Pay and Amazon Pay are payments applications offered by Alphabet Inc's Google and Amazon.com, respectively, that facilitate retail payments over India's widely used Unified Payments Interface

Severe drought returns to Amazon. And it's happening earlier than expected

Holder of one-fifth of the world's fresh water, the Amazon is beginning the dry season with many of its rivers already at critically low levels, prompting governments to anticipate contingency measures to address issues ranging from disrupted navigation to increasing forest fires. The Amazon Basin is facing one of the most severe droughts in recent years in 2024, with significant impacts on several member countries, stated a technical note issued Wednesday by the Amazon Cooperation Treaty Organization, which includes Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela. In several rivers in the southwestern Amazon, water levels are the lowest on record for this time of year. Historically, the driest months are August and September, when fire and deforestation peak. So far, the most affected countries are Bolivia, Peru and Brazil, according to ACTO. On Monday, Brazil's federal water agency decreed a water shortage in two major basins, Madeira and Purus, which cove

World's richest lose $134 billion in stock slump, led by Amazon's Bezos

His wealth also derives from space-exploration company Blue Origin and the Washington Post

Amazon's shares slide after AI spending plans disappoints investors

The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion

Amazon set to join Google, Microsoft's spending surge as AI race heats up

The e-commerce giant's capital investments - mostly for building cloud and generative AI infrastructure - is expected to have risen 43 per cent in the second quarter to $16.41 billion

Amazon claims to deliver 50% of Prime member orders on same or next day

Amazon India claims to have delivered 50 per cent of orders of its Prime membership users within same day, next day or faster. The company charges Rs 299 per month or Rs 1,499 annually for Prime membership. It offers free or discounted delivery to Prime members for delivering order on same day, next day or as per scheduled time. "In India, so far in 2024, nearly 50 per cent of all Prime member orders across a wide selection of products from eye liners to baby products, to garden tools, to watches, to phones, have arrived the next day, same day, or faster," Amazon said in a statement. The company said that AI has helped it to serve customers faster at scale. "We've leveraged the power of machine learning to expand selection of products, and recommended sellers to move selection closer to customers for them to order and re-order consistently," the statement said. Amazon India has fulfilment centres across 15 states, sortation centres across 19 states working with over 1,950 delivery

'Amazon racing to develop AI chips cheaper, faster than Nvidia's'

Through its homegrown chips, Amazon wants to help customers compute complex calculations and process enormous amounts of data more cheaply

Tech wrap Jul 24: Apple Watch for kids, Galaxy Z Fold 6 sale, Meta AI, more

Apple Watch 'For Your Kids' launched in India, Samsung Galaxy Z Fold 6, Flip 6 now on sale. Meta AI gets support for Hindi. iOS 18 dev beta 4 released. HMD Crest launch on July 25