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Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said. Rajah, former...

Over 1.1 lakh sellers received orders in first 48 hours of festive sale: Amazon India

E-commerce major Amazon India on Sunday said over 1.1 lakh sellers on its platform received orders during the first 48 hours of its 'Great Indian Festival' sale, with a bulk of orders coming from smaller parts of the country. According...

Sellers from tier II towns and beyond see jump in orders in Flipkart, Amazon festive sale

Walmart-owned Flipkart and Amazon India on Sunday said lakhs of sellers, including a significant chunk from tier II cities and beyond, have received orders during the initial days of festive sale on their platforms. According to a PTI report: The...

Third-party sellers made over US$ 3.5 bn from Prime Day: Amazon

Third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, Amazon said after wrapping up the two-day event across 19 countries. In addition, Prime members around the world saved over US$ 1.4 billion during...

Amazon announces 'exclusive' festive deals for business customers

Amazon Business on Friday announced a host of exclusive deals for business buyers in addition to a special five percent cashback on a purchase of above Rs 1 lakh as part of the Great Indian Festival starting from Saturday. Amazon...

Optimistic about future; revival signs by strong rural demand, in-home consumption: PepsiCo India

Food and beverages major PepsiCo is cautiously optimistic about the future and feels that the worst due to the coronavirus pandemic is behind, buoyed by revival signs led by strong rural demand and in-home consumption in urban markets, according...

Small towns set to drive record festive sales

While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the aspirational Bharat -- riding on the pent-up demand and discretionary income -- is all set to embark on...

Amazon expands network in north east ahead of festive sale

E-commerce major Amazon India on Friday announced the expansion of its delivery network in the eight states of North East India ahead of its annual mega festive sale. With close to 60 Amazon-owned and delivery service partner stations in the...

Future Group seeks mediation over Amazon's legal notice

US online retailer Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant. "We have initiated steps to enforce our contractual...

Snapdeal announces Diwali sale from Oct 16

After Amazon and Flipkart, e-commerce marketplace Snapdeal on Thursday announced its first sale of the festival season from October 16-20. Called 'Kum Mein Dum,' the sale selection is built around the choices indicated by more than 1.25 lakh participants across...
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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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