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Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Wed, Dec 18, 2024

Global e-commerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4 per cent stake in the company for Rs 276 crore through an open market transaction.

Amazon’s Bengaluru Blitz: 15-minute delivery shakes up QC; Swiggy, Zomato fall up to 4%

Amazon’s Bengaluru Blitz: 15-minute delivery shakes up QC; Swiggy, Zomato fall up to 4%

Wed, Dec 11, 2024

Amazon India is set to debut its 15-minute delivery service in Bengaluru, sparking competition in the quick commerce market and impacting shares of Swiggy and Zomato.

Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Tue, Dec 10, 2024

E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.

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Amazon targets next 100 mn Indians in online push

Amazon targets next 100 mn Indians in online push

Thu, May 31, 2018

E-commerce giant Amazon today said its efforts in the Indian market are focussed on bringing 100 million new users to shop online and helping small and medium businesses scale up and even go global.

Forget Amazon vs Flipkart, this is who will shape India's e-commerce wars

Forget Amazon vs Flipkart, this is who will shape India's e-commerce wars

Wed, May 30, 2018

With nearly 500 million Indians using the internet in 2018 and many just dipping their toes into online shopping, private labels will woo price-sensitive customers and create loyalty and higher margins, say retail analysts.

How to get a loan? Now, go to Flipkart, Amazon, Uber, Ola

How to get a loan? Now, go to Flipkart, Amazon, Uber, Ola

Tue, May 29, 2018

The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY), a top government official said.

Amazon sells Redmi 5 at Rs 7,999, discount of 6%; Guess what! You can even buy it at Rs 5,799; here’s how

Amazon sells Redmi 5 at Rs 7,999, discount of 6%; Guess what! You can even buy it at Rs 5,799; here’s how

Mon, May 28, 2018

The Xiaomi Redmi 5 phone has three variants, namely 2GB RAM with 16GB storage, 3GB RAM with 32GB storage and 4GB RAM with 64GB storage.

Amazon, ChrysCapital's Ashish Dhawan invest $12mn in Acko

Amazon, ChrysCapital's Ashish Dhawan invest $12mn in Acko

Mon, May 28, 2018

Amazon and veteran investor and founder of private equity fund ChrysCapital, Ashish Dhawan, have invested $12mn in Acko, a start-up bringing technology and data-led innovation to the insurance sector. Existing investor Narayana Murthy’s Catamaran Ventures also participated in the investment round

Finmin ties up with e-commerce firms to give loans under PMMY

Finmin ties up with e-commerce firms to give loans under PMMY

Wed, May 23, 2018

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

Honor 7A, Honor 7C launched in India; Know price, specs, features and more

Honor 7A, Honor 7C launched in India; Know price, specs, features and more

Tue, May 22, 2018

Both Honor 7A and 7C are known for their best in class dual-camera; smartphone is powered by Qualcomm Snapdragon.

Finmin ties up with big job creators Flipkart, Patanjali, others to extend funding to SMEs under Mudra scheme

Finmin ties up with big job creators Flipkart, Patanjali, others to extend funding to SMEs under Mudra scheme

Tue, May 22, 2018

"We have identified about 40 companies as biggest job creators. These companies will identify people who need loans under Mudra Yojana, underwrite them and we will extend loans under the scheme," Financial Services Secretary Rajiv Kumar told PTI.

Amazon summer sale 2018: Last day today; Samsung On5 Pro, On7 Pro, Galaxy On7 Prime Black still available at low rates

Amazon summer sale 2018: Last day today; Samsung On5 Pro, On7 Pro, Galaxy On7 Prime Black still available at low rates

Wed, May 16, 2018

Amazon today has entered its last day of summer sale. The four-day Amazon Sale 2018 started on May 13, offering number of deals on various products like smartphones, consumer electronics, fashion, appliances, TVs, sports & fitness and more.

Flipkart a game changer for Walmart; Amazon to face stiff competition in e-commerce market

Flipkart a game changer for Walmart; Amazon to face stiff competition in e-commerce market

Mon, May 14, 2018

Walmart, which failed to make an entry in India in the offline retail space, can now sell its products online to 1.3 billion people.

Amazon Summer sale: Best deals for today, you can save big on these 6 smartphones

Amazon Summer sale: Best deals for today, you can save big on these 6 smartphones

Mon, May 14, 2018

There are more than 1000 brands and over 40,000 deals being offered in this Summer sale.

Amazon ‘Summer sale’ is on; Here’s how you can avail ICICI Bank, Amazon Pay cashback offers

Amazon ‘Summer sale’ is on; Here’s how you can avail ICICI Bank, Amazon Pay cashback offers

Sun, May 13, 2018

Apart from the deals, on every payment made through ICICI Bank credit and debit cards, a customer will also get 10% instant discount. Not only this, even Amazon Pay balance gives a 10% discount.

Amazon sale starts midnight; One Plus, Nokia, Samsung on offer; save money on best deals, other offers

Amazon sale starts midnight; One Plus, Nokia, Samsung on offer; save money on best deals, other offers

Sat, May 12, 2018

There are more than 1000 brands and over 40,000 deals being offered in this Summer sale.

Here is what Binny Bansal has to say about Sachin Bansal’s exit from Flipkart

Here is what Binny Bansal has to say about Sachin Bansal’s exit from Flipkart

Thu, May 10, 2018

After moving to Bangalore, Sachin joined Amazon and recommended Binny, earning an employee recommendation bonus. He, however, had to soon return it as Binny left Amazon in just 8 months.

Nokia 6 (2018) 4GB RAM to be available on Amazon from May 13; Check price, specs and features

Nokia 6 (2018) 4GB RAM to be available on Amazon from May 13; Check price, specs and features

Wed, May 09, 2018

HMD Global has finally confirmed the date for the launch of 4GB RAM/ 64GB variant of Nokia 6 in India. The Nokia 6 (2018) 4GB RAM variant will be available in India from May 13. Amazon has already listed the smartphone on its website.

Amazon vs Flipkart: Jeff Bezos led eretailer pumps Rs 2,600 crore in India marketplace biz

Amazon vs Flipkart: Jeff Bezos led eretailer pumps Rs 2,600 crore in India marketplace biz

Wed, May 09, 2018

Amazon founder Jeff Bezos has committed investments to the tune of USD 5 billion for the Indian market. During a recent investor call, Amazon CFO Brian Olsavsky had said the company would continue to invest in India as it sees great progress with both sellers and customers here.

Flipkart sale: Amazon.com offers to buy 60 percent stake, even as WalMart offer simmers

Flipkart sale: Amazon.com offers to buy 60 percent stake, even as WalMart offer simmers

Wed, May 02, 2018

Flipkart sale: Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources. Amazon also offered Flipkart a breakup fee of $2 billion, the TV channel reported.

Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Mon, Apr 30, 2018

Flipkart, in which Walmart has proposed to take a major stake, has a lot to learn from Walmart in terms of work culture and operations, while Walmart can take a leaf or two out of Flipkart’s book in innovation.

With Flipkart, J Sainsbury, Walmart attempts turnaround after losses

With Flipkart, J Sainsbury, Walmart attempts turnaround after losses

Mon, Apr 30, 2018

Walmart Inc`s urgency to stem market share losses to rivals around the world is driving it to partner with local players in the UK and India, even as it scales back in some other markets like Brazil.

Chetan Bhagat signs 6-book deal with Amazon Publishing

Chetan Bhagat signs 6-book deal with Amazon Publishing

Sat, Apr 28, 2018

According to a statement by the publishing company, the deal includes three fiction and three non-fiction books to be published globally in print, eBook and audio formats over the course of next five years. While being excited for the deal, the bestselling author of 'Five Point Someone' and '2 States' promised to reveal the details later

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