Page 30 - Amazon

Amazon digitises 2.5 mn small firms in India, enables exports worth $3 bn

Amazon top executive Amit Agarwal sees a massive opportunity to empower millions of SMBs across the country

Amazon moves SC, challenges lifting of stay on Future-RIL deal by Delhi HC

Amazon has moved the Supreme Court challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future proceeding with its Rs 24,713 crore asset sale to RIL

Amazon reveals scorching growth in India as Flipkart fight deepens

The US online giant said it has enabled exports of Indian-made goods worth $3 billion and created over a million local jobs since it began operating in the Asian nation about a decade ago

Helped 2.5 mn MSMEs in India go online, enabled exports worth $3 bn: Amazon

Amazon India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly one million jobs in the country

Amazon violated employees' rights by firing outspoken workers: Labour board

The National Labour Relations Board has found that two outspoken Amazon workers were illegally fired last year

Amazon acknowledges issue of drivers urinating in bottles in apology

The company said the issue was industry-wide and it would look for solutions, without specifying what these might be

S&P 500 rides Microsoft, Amazon to record close north of 4,000

Unofficially, the Dow Jones Industrial Average rose 0.53% to end at 33,155.85 points, while the S&P 500 gained 1.19% to 4,020.07.

Amazon uses loopholes to not pay a penny in tax: US President Joe Biden

Unveils $2-trn plan aimed at modernising America's crumbling transport network, creating millions of jobs

Amazon-backed Deliveroo shares dive 30% as debut of the decade turns torrid

Within minutes of the market opening on Wednesday, it lost 2.28 billion pounds of its value, which equity capital markets bankers said could undermine the market for some IPOs in Britain and Europe

Ballot review in watershed Amazon union election to stretch into Wednesday

Labor board staff have begun sifting through ballots sent to over 5,800 workers at Amazon's Bessemer, Alabama-based warehouse, as part of a process expected to last days and spark legal challenges

Top headlines: Auto-debit payments, steel firms' stocks surge, and more

Here are the top business headlines on Wednesday morning

Leading private banks to cancel auto-debit payments from April 1

RBI to fine Rs 5 lakh per instance of lapse. Given that millions of bank customers use the auto-debit facility, banks were staring at hundreds of crores in fines

Competition in e-tail: Fair or unfair?

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition

A case for India, Bangladesh weaving new ties in textile and apparel

India could become a big market for Bangladeshi suppliers if the central government pursues this as a priority but India also has a robust apparel sector of its own, which it cannot neglect

Amazon acquires Perpule for over Rs 107 cr to boost its tech for kiranas

Perpule provides UltraPOS is a cloud-based, mobile POS system that substantially improves the billing and checkout process at stores

GameStop shakeup rolls on, hires Amazon executive as chief growth officer

The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading

China-US tensions can boost India's tech dreams: Hinrich Foundation report

Tech giants like Apple, Amazon, and Samsung that have relied on China for years are shifting production to India and Southeast Asia

Monetising content

Wikipedia's new initiative will make it more sustainable

Amazon plans to step up e-payments, financial services in India

Wish to convert cash-hardened customer into a digital one: Amazon Pay CEO

Google aims to be anti-Amazon of e-comm, but still has a long way to go

The tech giant is trying to present itself as a cheaper and less restrictive option for independent sellers