Page 13 - Amazon India

CAIT alleges violation of FDI norms by e-commerce firms, writes to PM Modi

Traders' body CAIT wrote to Prime Minister Narendra Modi seeking "strong action" against e-commerce firms for alleged violation of FDI policy by them

'East India Co.': Amazon's fight with Ambani sparks foreign vs local debate

At the center of the case is Amazon's efforts to block Reliance's planned purchase of Future Group's assets

India must grab digital opportunity, says Amazon India's Amit Agarwal

The Covid-19 crisis has highlighted the resilience and optimism of Indian entrepreneurs, with more small businesses and shops embracing technology and online to reinvent themselves

Competition watchdog clears Reliance-Future Group deal in setback to Amazon

The Competition Commission has approved Reliance's proposed acquisition of retail, wholesale, logistics and warehousing businesses of Future Group. The Rs 24,713 crore deal that would boost Reliance Industries' fast growing retail business was announced in August. In a tweet on Friday, the regulator said it has approved "acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Limited and Reliance Retail and Fashion Lifestyle Limited". Deals beyond a certain threshold require approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors. As per the notice submitted to the CCI, there are at least seven target entities. They are Future Enterprises, Future Consumer Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd, Future Market Networks Ltd, Future Supply Chain Solutions Ltd and Futurebazaar India Ltd and its subsidiaries. "The Transferor Companies consists of several

Amazon opens 'made in India' toy store amid Centre's self-reliance mission

The launch of the "made in India" toy store could help local manufacturers to take on the deluge of Chinese toys into the Indian market

Flipkart acquires augmented reality company Scapic for undisclosed sum

With the pandemic bringing about a change in consumer behaviour and an increase in online adoption, Flipkart has been focusing on enhancing consumer experiences by strengthening tech capabilities

India's economy is reviving and festive season's online sales show it

In the run-up to the festival, retailers including Amazon.com Inc. and Walmart Inc.'s Flipkart saw a 55% jump in online sales from a year ago to $4.1 billion, according to RedSeer

Dhanteras sale on Amazon, Flipkart, Snapdeal, Paytm: Know what is on offer

Dhanteras marks the beginning of Diwali festival and considered to be an auspicious occasion to buy precious metal in India

After telecom, Mukesh Ambani now targets online retail with a price war

Ratcheting up competition, Ambani's portals are offering blockbuster discounts of as much as 50% on sugary confections and other holiday staples like spice mixes for India's rice delicacy, biryani

Amazon India signs agreement with Silk Mark Organisation of India

As part of the Memorandum of Understanding (MoU), Amazon will launch an exclusive Silk Mark Store with Silk Mark labelled products through multiple sellers associated with the organisation

Process M&A application, ignore Amazon letter, Future Retail urges bourses

Statement comes after Amazon wrote to Sebi and stock exchanges last week on Singapore arbitrator's stay order

Yamaha ties up with Amazon India to sell apparels, accessories online

Two-wheeler maker India Yamaha Motor on Saturday said it has tied up with Amazon India to sell its range of apparels and accessories online

Over 1 mn small enterprises shop on Amazon Business during festive sale

The number of buying customers, largest ever for any Amazon Business event, saw a 61% spike compared to Great Indian Festival 2019

Top headlines: Future Group stocks under pressure; taxes on fuel may rise

Business Standard brings to you a snapshot of events which made it to the news on Monday

7-day festive sales set to break records amid order surge from small towns

With the one-week festive sales in the Covid-hit year set for grand finale on October 21

Verdict on Amazon arbitration plea over Future-RIL deal expected soon

Rajah, former Attorney General of Singapore, is expected to deliver his judgment in the next few days, the sources said

Amazon.in covers 98% pin codes in biggest first 48 hrs of shopping festival

Largest number of new customers shop first time on platform, 91% from smaller cities. Total iPhones sold in a day were more than iPhones sold in entire festive sale period last year

Over 110k sellers got orders in 1st 48 hours of festive sale: Amazon India

Amazon's 'Great Indian Festival' started on October 17 and will go on for about a month to coincide with the festive season

Amazon, Flipkart festival sales: Here are the top six smartphone deals

Amazon's Great Indian Festival starts from October 17. Prime members will get early access starting tomorrow, October 16. Flipkart's Big Billion Days' sale starts from October 16-21

Amazon opens largest fulfilment centre in Bengal ahead of festive season

The facility has a capacity of 1.2 mn cubic ft; firm triples storage at an existing centre for large appliances and furniture to 600,000 cubic ft