Page 59 - Amazon

Parliamentary panel summons tech giants to discuss competitive conduct

With a number of global tech giants facing a CCI probe for alleged anti-competitive practices, a key Parliamentary panel decided to summon representatives of Google, Amazon, Facebook, Twitter

Preferential treatment case: CCI raids sellers of Amazon, Flipkart

India's antitrust body launched raids on the two top domestic sellers of Amazon over accusations of having violated competition laws

India to launch open e-commerce network to take on Amazon, Walmart

The government's so-called ONDC platform will allow buyers and sellers to connect and transact with each other online, no matter what other application they use

India launches antitrust raids on Amazon sellers Cloudtail, Appario: Report

India's antitrust body launched raids at two top sellers of Amazon.com Inc over violations of domestic competition laws, two sources with direct knowledge of the matter said

Billionaire tech pioneer Nilekani takes on Amazon, Walmart in India

India has become a battlefield for some global retail behemoths that are either shut out of China or are struggling to compete with local rivals there

NCLAT reserves its order on Amazon's plea challenging CCI ruling

NCLAT has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons.

Jeff Bezos vs Kishore Biyani 2.0: RIL may pick up FRL through insolvency

The tactic is not new for Reliance. In 2020, Reliance Industries acquired 37.7% stake in textile manufacturer Alok Industries Ltd for Rs 250 cr.

Brazil court deals heavy blow to massive Amazon gold mine project

A Brazilian federal court on Monday upheld the suspension of a licence for what would be the largest open-pit gold mine in the nation's rainforest, dealing a blow to the company behind the project.

What does the Future deal collapse mean for Amazon and Reliance?

The battle between Amazon and Reliance over Future Group took another twist when Reliance abandoned its plan to acquire the firm. What would this mean for the retail ambitions of Amazon and Reliance?

Amazon partners with farmers to scale up grocery network across India

The e-commerce giant seeks to expand its supply chain network across the country to provide groceries like fruits and vegetables to customers

Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal

FRL's offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100% payment, while local lenders were asked to take a haircut

Future Group, Amazon set for long court battle as Reliance deal off

Future Retail and Future Enterprises have huge debts and lenders have initiated bankruptcy proceedings against Future Retail

Amazon bets big on social commerce, acquires women-focused startup GlowRoad

The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.

The battle between Bezos and Ambani continues, this time for cricket

Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry

Amazon-Future case: CCI filing may hinge on power to revoke order

Amazon during the argument questioned the CCI order, arguing it did not have power to suspend or place its own order in abeyance

Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs

Business Standard brings you top headlines of the day

Top 10 global tech CEOs' bonuses soared 400% amid pandemic: Report

However, Alphabet and Google CEO Sundar Pichai saw a drop of 14% in his bonuses in 2020 and 2021

Mobile retailers' body to seek govt intervention on e-commerce onslaught

A leading mobile retailers' body has claimed that unethical and monopolistic business practices of online sales platforms are jeopardising' the future of 150,000 brick and mortar smartphone retailers

Amazon CEO Jassy says will improve workers' safety amid criticism

"Our injury rates are sometimes misunderstood. We have operations jobs that fit both the 'warehousing' and 'courier and delivery' categories," Jassy said late on Thursday

Amazon launches its first Amazon Kids+ Original mobile games

Tech giant Amazon has announced that Amazon Kids+ is now bringing the fun of mobile gaming to its fans with the release of 'Super Spy Ryan and "Do, Re & Mi, with more games arriving later this year.