Page 36 - Amazon

Top headlines: Jeff Bezos to step down, Twitter risks penal action, & more

Business Standard brings you top news of the evening

Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal

Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.

Future to challenge court order blocking retail deal after Amazon objection

An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal

Top headlines: Budget leaves investors richer, RIL-Future deal hits hurdle

Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard

Jeff Bezos to step down, hand over Amazon reins to cloud chief Andy Jassy

The announcement ends a long-running question about who would succeed the world's second-richest person at the company's helm

Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal

Ruling seen as interim relief to Amazon; next phase of arbitration likely to begin soon in Singapore, say sources

Amazon's Jeff Bezos to step down as CEO in Q3, Andy Jassy to take over

Bezos, who founded the company 27 years ago, will become the executive chairman of the Amazon Board

Wall Street climbs ahead of Amazon, Alphabet earnings; stimulus in focus

Ten of the 11 major S&P sectors advanced, with economy linked energy, financial and industrials gaining the most

Legacy insurers can't go digital overnight, says Oracle's Prasad Rai

Insurers will also need to introspect and bring about changes internally, according to PRASAD RAI, vice-president, Global Strategic Clients Group at Oracle, who spoke to Raghu Mohan

Future likens Amazon's bid to stall deal to 'ruthless' Alexander the Great

Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing

Only 3% difference in prices on GeM and Amazon and Flipkart, shows data

A set of common items were identified or the study, done on January 4.

HC to Future Group: Respond to Amazon's plea to enforce arbitrator award

The Delhi High Court Friday sought response of Kishore Biyani led Future Retail Ltd (FRL) on a plea by US-based e-commerce giant Amazon

Walmart plans big push to challenge Amazon on advertising business

The efforts are key to Walmart's aggressive plan to achieve a more than tenfold increase in its advertising business within five years, according to a source familiar with the matter.

Amazon signs MoU with K'taka to help drive e-commerce exports from state

The Amazon India on Thursday signed a Memorandum of Understanding (MoU) with the government of Karnataka

Enforce S'pore arbitrator award to hold Future-Reliance deal: Amazon to HC

Amazon urged the Delhi High Court to order enforcement of the award by Singapore's Emergency Arbitrator (EA)

Amazon under Enforcement Directorate lens over FDI rule breach

The action follows certain observations made by a Delhi High Court bench last month about Amazon in the Reliance-Future Retail acquisition case

Top headlines: Cabinet okays PSU privatisation policy, Amazon under ED lens

From Cabinet's nod to PSU privatisation policy to ED registering a case against Amazon, Business Standard brings you the top headlines

Brazil to end military-led programme against Amazon fires, logging

Government data showed that just over 11,000 square kilometers of forest disappeared between July 2019 and August 2020, up 9.5% compared to the previous year and the most since 2008

World's richest men, Elon Musk and Jeff Bezos, fight over satellite fleets

A dispute that would normally be confined to regulatory filings is spilling into public view, in a spat that showcases the large personalities involved as billionaires chase dreams in the sky

Amazon set to launch in Poland, shares in e-commerce rival Allegro fall

Poland's growing e-commerce market was given a further boost from online shopping during the pandemic and in October, home-grown eBay rival, Allegro, enjoyed a buoyant stock market debut