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International News
Amazon gives US holiday shoppers more delivery location options
IANS -
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...
Retail
CCI gives nod to Future-Reliance deal, setback for Amazon
IANS -
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...
Retail
Amazon opens 'made in India' toy store
IANS -
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...
Retail
If 'control' is read, as sought by Amazon now, its investment would be violation of FDI policy
IANS -
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...
Retail
Amazon seeks control of Rs 30,000 crore Future Group assets with Rs 1,431 crore investment
IANS -
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...
Retail
Amazon.in launches performance-based benefit programme for sellers
IANS -
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...
Retail
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...
Retail
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...
Retail
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...
Food
Amazon Fresh extends operations to Kolkata, Chennai, Ahmedabad, Pune
IANS -
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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