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Retail
Delhi High Court dismisses Future Retail's plea against Amazon
The New Delhi High Court on Monday dismissed a plea from Future Group that sought to restrain US partner Amazon.com Inc from interfering in its $3.4-billion asset sale to Reliance Industries. Future Group sold its retail assets in August to...
Retail
Indian SMBs succeeding despite COVID-19: Amazon SMB Impact Report
Amazon.in has published the 2020 Small and Medium Business (SMB) Impact Report highlighting how the company benefits more than 10 lakh SMBs including sellers, delivery and logistics partners, neighbourhood stores, enterprises, developers, content creators and authors in India. These...
International News
Walmart to begin deliveries with driverless trucks in 2021
IANS -
aking its autonomous vehicle pilot with a startup called Gatik to the next level, retail giant Walmart is now planning to start deliveries with driverless truck in the US state Arkansas starting next year.
"This achievement marks a new milestone...
Latest News
Zomato worst digital workplace in India: Fairwork Survey
IANS -
According to a survey by Fairwork India Ratings, Zomato, along with rival platform Swiggy and cab-hailing app Uber, were ranked the worst performing digital platforms this year, scoring only 1 out of 10 points. The report examined working conditions...
Retail
Amazon, CII join hands to bring benefits of e-commerce to MSMEs in 10 states
At the 17th Confederation of Indian Industry (CII) Global SME Business Summit, Amazon.in and CII signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to micro small and medium enterprises (MSMEs) in 10 states across India. Amazon.in and...
Retail
Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED
IANS -
The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules and Regulations by imposing maximum penalty of 3 times the value of the illegal investments...
Latest News
Amazon witnesses 'biggest holiday season' ever in its history
IANS -
Amazon on Tuesday revealed that the company has witnessed its largest holiday shopping season so far this year, as independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday -- an increase...
Retail
Amazon Tussle: Future Retail says not every development 'material event for disclosure'
Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore.
According...
Retail
Amazon-Future Tussle: Singapore's arbitration court rejects Future Retail's plea
Future Retail Ltd's plea to be excluded from being a party to the Amazon-Future Coupons' arbitration proceedings has been turned down and the Court of Singapore International Arbitration Centre (SIAC) has ordered that the arbitration shall proceed, according to...
Retail
Indian exporters on Amazon Global Selling gear up for Black Friday
IANS -
Over 70,000 Indian exporters on Amazon's Global Selling programme are geared up to showcase millions of 'Made in India' products to customers across the world on the annual Black Friday and Cyber Monday sales on Amazon.com.
In a statement, the...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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