Page 55 - Amazon

E-commerce giants offer tech-friendly policies to woo offline sellers

They are offering new-age tech based products such as AI-led cataloguing, coupled with easy settlements and attractive platform fees that enable ease of doing business

RBI clears payment aggregator licence for Razorpay, PineLabs & Stripe

Payment aggregators enable e-commerce sites and merchants to accept payment instruments from customers without the need for merchants to create their own payment integration system

Amazon faces investigation by UK's watchdog over anti-competitive concerns

Britain's competition watchdog is investigating whether Amazon is harming competition and hurting consumers by giving an unfair advantage to merchants that pay for extra services. The Competition and Markets Authority's formal investigation said Wednesday that it will look into concerns that the ecommerce giant is abusing its dominance to undermine rivals, echoing similar investigations carried out by the European Union's executive Commission and Germany's antitrust agency. Amazon said it will work closely with the CMA during the investigation. We believe we've always worked hard to help small businesses selling on Amazon to succeed, which is in both their and our best interests," the company said. We remain proud of the continued support we provide to businesses of all sizes across the U.K." While Amazon supplies some of the products that it sells online, many others are from third-party merchants and retailers, and provides them with essential services to make sales. The Market

Amazon India to host Prime Day sale event on July 23-24, offer new products

Small and medium businesses will offer more than 2,000 products, says company

Amazon letter accuses Future group of fraud, seeks forensic audit

E-commerce giant writes letter to retail chain's independent directors, seeks independent probe of dealings with RIL

Amazon unveils 1st fleet of e-cargo bikes for sustainable deliveries in UK

With an aim to offer more sustainable deliveries, tech giant Amazon has launched its first UK micromobility hub in Central London

Musk, Bezos lose $60 bn of their wealth in first six months of 2022

Despite losing $61.8 billion, Elon Musk has the biggest fortune with $208.5 billion

Road fuel demand peaks in 2027

In just five years from now, global road fuel demand is seen peaking

Is the time ripe for consolidation among new-age technology companies?

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

SIAC dismisses Future Group's plea to terminate arbitration proceedings

The order said that there is no ground for the termination of the proceedings under Section 32 of the Arbitration Act

Tata group's Infopark Properties raises Rs 1,900 cr via zero coupon bonds

Infopark Properties will own 100% of shareholding in TRIL Infopark Ltd which operates the asset Intellion Park, Chennai, spread over an area of 4.6 mn sq ft

Future Retail: NCLT reserves order on Amazon petition against BoI's plea

The National Company Law Tribunal (NCLT) on Monday reserved its order on the petition filed by Amazon opposing Bank of India's plea to initiate insolvency resolution proceedings against Future Retail

ONDC a fascinating idea; excited about prospects: Amazon India senior exec

'Amazon is looking forward to innovations, which will lift all boats in the ecosystem and bring more buyers and sellers online, as it focuses on serving the next 500 million customers'

Amazon Prime Video partners with AMC Networks for content in India

Amazon Prime video will provide access to advertisement-free subscription service AMC+ and AMC's streaming service Acorn TV on Prime Video Channels in India on a subscription basis

Amazon's Alexa to mimic deceased person's voice using pre-recorded audio

The way we made it happen is by framing the problem as a voice conversion task and not a speech generation path: Rohit Prasad, Amazon's Senior Vice President

Amazon unveils its 1st fully autonomous mobile robot named Proteus

Amazon on Wednesday unveiled its first fully autonomous mobile robot called Proteus that autonomously moves through facilities using advanced safety, perception and navigation technology

Amazon announces Doug Herrington as CEO of worldwide consumer business

Tech giant Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company's Worldwide Amazon Stores business, formerly known as "Consumer"

Amazon Retail India enters Gujarat, to source directly from farmers

The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers

Will Amazon be able to overcome challenges to its expansion plans in India?

A tougher global e-commerce environment and repeated policy and regulation problems are raising questions about the company's India expansion plans

What we're building in India is for next 100 years: Amazon's Manish Tiwary

Coffee with BS: Meet Manish Tiwary, Vice-President & Country Manager, India Consumer Business, Amazon