VIvek Durai

The US-based world's largest e-tailer Amazon invested an additional US $400 million (Rs 2,700 crore) in two of its Indian subsidiaries, said business intelligence platform Paper.vc on Monday. "Our tally of Amazon's total investment in its Indian subsidiaries, including this,...

World's largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country's e-tail major Flipkart. "The Amazon board has accorded consent to allot 260 crore...

India's e-tailer major Flipkart has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest retail giant Walmart Inc, according to documents it filed for regulatory approvals. "Documents filed by Flipkart...