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Amazon gives US holiday shoppers more delivery location options

As Amazon braces for the busy holiday shopping season, the e-commerce giant is giving shoppers in the US more location options to get their packages delivered. So instead of getting their packages delivered to their houses, shoppers can get the...

CCI gives nod to Future-Reliance deal, setback for Amazon

Despite Amazon's objections, the Competition Commission of India (CCI) has cleared the Future-Reliance deal. Announcing the decision on Twitter on Friday, CCI said, "Commission approves acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures...

Amazon opens 'made in India' toy store

In line with government's "Atmanirbhar Bharat" vision, Amazon India on Wednesday launched a toy store where sellers from 15 Indian states will showcase thousands of unique toys across categories like traditional, handmade and educational. The launch of the "made in...

If 'control' is read, as sought by Amazon now, its investment would be violation of FDI policy

The Future Retail shareholders agreement, the Future Coupons shareholders agreement and the Future Coupons share sales agreement are not an integrated transaction and if these agreements were to be treated as a single integrated transaction, it would tantamount to...

Amazon seeks control of Rs 30,000 crore Future Group assets with Rs 1,431 crore investment

Amazon is seemingly seeking to control 100 percent of FRL by controlling the entire Kishore Biyanis Groups majority equity in FRL, which means with an investment of Rs 1,431 crore, it seeks to control Future Group's assets worth about...

Amazon.in launches performance-based benefit programme for sellers

E-commerce major Amazon.in on Monday announced the launch of 'STEP', a performance-based benefit programme designed to help sellers accelerate their growth on the platform. In a statement, the company said that the programme simplifies the seller experience by providing customised...

Amazon India leases ~ 2.6 lakh sq. ft. of office space at Godrej Two, Vikhroli

Godrej Fund Management, the real estate private equity arm of the Godrej Group, has entered into a deal, which is a combination of a lease and an option to lease for ~ 2.6 lakh sq. ft. of office space...

Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High Court

Kishore Biyani-led Future Retail Ltd (FRL) Thursday told the Delhi High Court that Amazon was not its shareholder and has no say in its affairs and the interim order passed by the Singapore International Arbitration Centre (SIAC) was of...

HC seeks Amazon reply on Future Retail plea to restrain it from interfering in Reliance deal

The Delhi high court on Tuesday sought Amazon's response on a plea by Kishore Biyani led Future Retail Ltd (FRL) alleging that the e-commerce major was interfering in its deal with Reliance Retaion the basis of an interim order...

Amazon Fresh extends operations to Kolkata, Chennai, Ahmedabad, Pune

Amazon India on Thursday announced the launch of 'Amazon Fresh' at Kolkata, Ahmedabad, Pune and Chennai. With this expansion, Amazon India has more than 25 such Amazon Fresh centres with a three-fold increase in processing space, the company said in...
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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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