Amazon

Future Retail denies Amazon charges of facilitating 'fraudulent stratagem'

FRL says it has already made necessary disclosures on termination of leases, and has provided related updates

People in Brazil's Amazon rainforest reel from floods for second year

For the second straight year, inhabitants of Brazil's Amazon rainforest are being overwhelmed by flooding, with hundreds of thousands of people already affected by waters that are still rising.

We are truly seeing perfect storm of digitisation in India: AWS' Chandok

Company will support the government's plan to have Open Network Digital Commerce for e-commerce, says the senior executive.

Amazon accuses Future independent directors of 'fraudulent stratagem'

Amazon dragged Future Group to arbitration at SIAC in October 2020, arguing that FRL had violated their contract by entering into a deal for sale of its assets to Reliance Retail

Amazon, Flipkart in talks to buy stake in $1 bn diagnostic chain Metropolis

Metropolis runs more than 3,000 diagnostics centers as well as pathology laboratories in India and Africa

Metro Cash & Carry may offer control to investor to fund expansion

Intends to raise $300-400 million as German parent unwilling to infuse fresh funds

Simulating gravity

The impact of microgravity on humans' physical and mental health is unfathomable and ensuring artificial gravity shall help humanity settle on celestial bodies beyond Earth

Musk to meet Brazil prez to discuss deforestation, rural connectivity

The two will discuss a potential partnership on rural connectivity and deforestation monitoring, according to O Globo

Inspired by Indian innovation, says senior Amazon executive Dave Clark

The CEO for worldwide consumer at Amazon says the country is 'very important' to his company's plans.

Amazon launches Smart Commerce to change local stores into digital dukaans

Stores will now be able to digitise their operations, enhance in-store experience for walk-in customers, and create their own online storefront in minutes powered by Amazon

Amazon fraud: Two Americans plead guilty in multi-million dollar scheme

Two American nationals have pleaded guilty in a case of multimillion-dollar scheme to manipulate the Marketplace platform of Amazon in which an employee was sentenced to 10 months in prison

Amazon created more than 1.16 mn jobs, digitised 4 mn MSMEs in India

The firm said it focused on creating a robust infrastructure to help Indian businesses address customers in over 200 countries and territories

Created over 1 mn jobs in India, enabled nearly $5 bn in exports: Amazon

These jobs are across industries like IT, e-commerce, logistics, manufacturing, content creation, skill development and more

Amazon, Disney, and now Google also interested in IPL broadcast rights

Google's interest in the global media rights of India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest

Future Group hasn't made disclosures to stock exchanges, says Amazon

While arguing in the case, Amazon asked why Future did not inform the Supreme Court about the termination notice it received for its stores

EU to enforce new Digital Markets Act to tame Big Tech in spring 2023

The Commission will act against any violations made by "gatekeepers", Meta, Apple, Google, Microsoft, and Amazon, as soon as the law comes into force

'All your wealth': Bernie Sanders slams Amazon, Bezos at Senate hearing

Sanders addressed Amazon Chairman Jeff Bezos, who had been invited to testify but did not appear.

Indians on Amazon Global Selling to enable $20 bn in exports by 2025

Amazon has doubled the exports pledge and the Indian exporters are on track to surpass $5 billion in cumulative exports on the e-commerce platform.

Amazon aggregator Thrasio Holdings appoints new CEO amid reported layoffs

Thrasio on Monday announced that Greg Greeley has joined its Board of Directors and will become the company's next CEO in August, succeeding current CEO and Co-Founder Carlos Cashman

Amazon to reimburse US employees who travel for abortions, other treatments

shows how companies are eager to retain and attract talent in locations that remain important to their operations despite legal changes impacting employees' health