Amazon

Amazon to shut food delivery business in India

Amazon said on Friday that it is shutting down its food delivery business in India, a day after it announced to shut down its edtech vertical in the country.

Nov 25, 2022

Amazon begins mass layoffs to combat "unusual and uncertain macroeconomic environment"

Reuters reported that the layoff will primarily affect the retail and human resource development sections of the company

Nov 17, 2022

Amazon founder Jeff Bezos says will donate most of his $124 bn fortune in his lifetime

Amazon founder Jeff Bezos has announced plans to donate most of his $124 billion fortune during his lifetime, at a time when the e-commerce giant is reportedly set to lay off nearly 10,000 workers.

Nov 15, 2022

Surat police seized duplicate ghee from a factory

Over 1,000 kg adulterated ghee seized in Surat

Over 1,000 kg duplicate ghee (clarified butter) was seized from Kim taluka in Surat, police said on Wednesday.

Nov 9, 2022

Action against Cloudtail for selling pressure cookers flouting BIS standards; CCPA issues notices to major e-commerce platforms

The Central Consumer Protection Authority (CCPA) has passed an order against Cloudtail India Pvt. Ltd. for violation of consumer rights and unfair trade practice by selling domestic pressure cookers in violation to mandatory standards prescribed as per Domestic Pressure Cooker (Quality Control) Order, 2020.

Nov 5, 2022

Home Technology: Amazon acquires home robot maker iRobot for $1.7 bn

Amazon on Friday announced to acquire Global consumer robot company iRobot for $1.7 billion in an all-cash deal.

Aug 6, 2022

Amazon to shut down cloud storage service 'Drive' in 2023

Tech giant Amazon has announced that its "Drive" cloud storage service is shutting down at the end of 2023.

Jul 30, 2022

Amazon Prime Day on July 23 & 24: Offers open in cosmetics, luxury items

Amazon India is back with its much-awaited annual shopping event - Prime Day. The two-day event, to begin at 12 a.m. on July 23, presents exciting offers on the largest selection of fashion and beauty brands on Amazon Fashion.

Jul 22, 2022

Amazon sees $12 bn worth sales on Prime Day globally; sold "more devices than any other Prime Day"

Amazon saw sales worth at least $12 billion (according to third-party estimates) during its Prime Day event in the US and 15 more countries on July 12-13.

Jul 17, 2022

IPL Media Rights: Star India, Viacom18, Times Internet win rights; BCCI gains Rs 48,390 Cr

The process was expected to take time, and the eventual bidders' names were thought not to be revealed for several days. However, it seems like things will be much clearer on the third day on June 14.

Jun 14, 2022

IPL media rights: Amazon planning to pull out of IPL streaming rights bid, says Reports

Amid fierce competition to wrest the media rights of the money-spinning Indian Premier League (IPL), there are reports that one of the big players, Amazon.com Inc., is planning to pull out.

Jun 10, 2022

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

In the face of fierce competition from Amazon, Flipkart, and Reliance, Vijay Shekhar Sharma's bet on offline-to-online commerce through Paytm Mall failed.

May 17, 2022

Indian-American man jailed for selling stolen Apple products in US [details]

Indian-American Saurabh Chawla, who bought stolen Apple products from school employees in the US and sold those on eBay and Amazon, has been sentenced to 66 months in prison.

Jan 14, 2022

Amazon cuts Covid paid time off to 7 days after new norms

Tech giant Amazon is cutting paid leave time for US front-line workers who test positive for Covid-19 or have to quarantine after exposure to the virus.

Jan 9, 2022

Successful Digital Creator Shashank Sanghvi's Encouraging Advice To Today's Youth

Shashank Sanghvi said For me, it opens up a whole new universe of possibilities. When things get a little overwhelming, books come to my rescue and provide me with the motivation I need to keep going

Dec 5, 2021

As many sellers go bankrupt, Amazon is set to pocket $121 billion this year: Report by US non-profit

Amazon pocketed $60 billion in seller fees and this year, its take will soar to $121 billion, according to the report titled 'Amazon's Toll Road' by the Institute for Local Self-Reliance.

Dec 2, 2021

Space Tourism: Blue Origin of Jeff Bezos to build private space station by 2030

It will be built on a common infrastructure and will have a human-centred design with world-class services and facilities.

Oct 28, 2021

Bezos offers NASA $2 bn discount for human lunar lander mission

Fresh from his trip to the edge of space, Amazon Founder Jeff Bezos has offered NASA a discount of up to $2 billion to give his space company Blue Origin the human lunar landing system (HLS) contract, won by Elon Musks SpaceX earlier this year.

Jul 27, 2021

narayana murthy, infosys cofounder narayan murthy, take salary cut says narayan murthy

Indian Sellers Collective asks Narayana Murthy to end partnership with Amazon; here's why [details]

The Indian Sellers Collective, a non-profit trade organisation, has written N. R. Narayana Murthy an open letter requesting him to cease his cooperation with Amazon.

Jul 19, 2021

Phoney Delhi call centre uncovered, 26 held for cheating 1,250 Americans [Details]

A phoney phone centre in Delhi has been exposed. The call centre had been in operation for seven months, and the total amount of money stolen so far has been around Rs 4 crore.

Jul 13, 2021

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