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Amazon plans to create 1 million new jobs in India by 2025

Amazon announced that it plans to create 1 million new jobs in India by 2025 through continued investments in technology, infrastructure, and its logistics network. The jobs – created both directly and indirectly – will be across industries, including information...

Amazon to invest US$ 1 billion in India, to bring over 10 million businesses online by 2025

Amazon announced on January 15, 2020 that it plans to invest US $1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands. The company aims to...

Bezos's India visit crucial as e-commerce space gets fierce

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...

Amazon pumps in over Rs 1,700 crore into India units

E-commerce giant Amazon has pumped in over Rs 1,700 crore into its payments and wholesale business units in India, as per regulatory documents. According to a PTI report: Amazon Pay India has received Rs 1,355 crore from Amazon Corporate Holdings...

Policy changes, JioMart pose rising risks to global e-commerce players in India: Fitch

Fitch Solutions on Friday said international e-commerce firms in India face the risk of increasingly coming under pressure in the current year due to key policy changes and Reliance Retail venturing into the digital market space. While an e-commerce...

“E-marketplaces should have transparent discounts policy”

The Competition Commission of India (CCI), in a report released on Wednesday, has suggested that online marketplaces should come up with clear and transparent policies on discounts provided on products on their their platforms. "Bring out clear and transparent policies...

Amazon India rides on Future Group to face Reliance's JioMart

Alarmed at Reliance Industries Ltd's e-commerce push in 2020 with online retail arm JioMart that will deliver groceries and other household essentials, Amazon India and the Kishore Biyani-led Future Retail Ltd (FRL), part of the Future Group, on Monday...

Retail giants to locate logistic hubs in MP

Retail giants Walmart, Amazon and Reliance are gearing up to tap the strategic location of Madhya Pradesh to set up logistic bases by locating national distribution centres and warehouses in the state. The improved connectivity of Madhya Pradesh with other...

Winter Wear Market: Indian fashion retail’s hottest sector

Winter wear in India has come a long way from its humble roots as a functional category. As financial stability and purchasing power of the modern consumer base started to pick up momentum in the last few years, an...

Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans

With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments - coupled with 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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