Page 20 - Amazon
CCI seizes documents, data from Amazon, Flipkart sellers in raids: Report
The raids relate to an investigation the CCI ordered in January 2020 in which Amazon and Flipkart face allegations of promoting preferred sellers on their websites
 "CCI seizes documents, data from Amazon, Flipkart sellers in raids: Report")
E-commerce firm Amazon reports rare quarterly loss as online shopping slows
Amazon's e-commerce business also reported an operating loss of $1.57 billion in North America and $1.28 billion internationally
 "E-commerce firm Amazon reports rare quarterly loss as online shopping slows")
Supply chain, higher staff, fuel costs, Ukraine add up to hurt Amazon stock
After a surge during the Covid-19 pandemic, the e-commerce giant saw expenses swelling as it offered higher pay to attract workers
 "Supply chain, higher staff, fuel costs, Ukraine add up to hurt Amazon stock")
Top Headlines: India airspace coordination, blockbuster M&As, and more
Business Standard brings you the top headlines at this hour
 "Top Headlines: India airspace coordination, blockbuster M&As, and more")
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
 "Parliamentary panel summons tech giants to discuss competitive conduct")
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
 "Preferential treatment case: CCI raids sellers of Amazon, Flipkart")
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 to launch open e-commerce network to take on Amazon, Walmart")
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
 "India launches antitrust raids on Amazon sellers Cloudtail, Appario: Report")
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
 "Billionaire tech pioneer Nilekani takes on Amazon, Walmart in India")
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.
 "NCLAT reserves its order on Amazon's plea challenging CCI ruling")
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.
 "Jeff Bezos vs Kishore Biyani 2.0: RIL may pick up FRL through insolvency")
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.
 "Brazil court deals heavy blow to massive Amazon gold mine 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?
 "What does the Future deal collapse mean for 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
 "Amazon partners with farmers to scale up grocery network across India")
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
 "Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal")
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
 "Future Group, Amazon set for long court battle as Reliance deal off")
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.
 "Amazon bets big on social commerce, acquires women-focused startup GlowRoad")
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
 "The battle between Bezos and Ambani continues, this time for cricket")
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
 "Amazon-Future case: CCI filing may hinge on power to revoke order")
Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs
Business Standard brings you top headlines of the day
 "Top headlines: Action to aid post-Covid recovery, Tatas to offer ESOPs")
