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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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Power Breakfast: U.S. Stocks Notches Best Day Since January As Meta Leads Sea Of Green

Power Breakfast: U.S. Stocks Notches Best Day Since January As Meta Leads Sea Of Green

Fri, Apr 28, 2023

The US market closed with gains after two consecutive days of decline. Dow jumped 525 points to close at the day's high. Whereas, Nasdaq gained 2.5%. META shares jumped 14% on strong earnings and strong guidance. Intel gained 4% on better-than-expected results. Amazon shares jumped 4.5% on profit earnings. Today the first policy of the new governor of the Bank of Japan will be released.

Amazon shuts down its Halo division as part of wider layoffs

Amazon shuts down its Halo division as part of wider layoffs

Thu, Apr 27, 2023

In a surprising move, Amazon has announced that it will be shutting down its Halo division, which sells health and sleep tracking devices, by the end of July and refund customers who purchased Halo devices in the preceding 12 months

Amazon shuts down health-focused Halo division, lays off employees

Amazon shuts down health-focused Halo division, lays off employees

Thu, Apr 27, 2023

For employees who are impacted by this decision, Amazon is providing packages that include a separation payment, transitional health insurance benefits, and external job placement support.

Aapki Khabar Aapka Fayda: Who Is Responsible For The Fraud Happening On e-Commerce Platform? Watch This Discussion

Aapki Khabar Aapka Fayda: Who Is Responsible For The Fraud Happening On e-Commerce Platform? Watch This Discussion

Fri, Apr 21, 2023

Fraud cases increased on the e-commerce platform. You must have heard many times that people got brick instead of mobile from e-commerce. Complaints on National Consumer Helpline increased from 8% to 50%. As such, the government is gearing up to fix the accountability of fraud on the e-commerce platform and is preparing to bring strict rules. Whereas, e-commerce companies are debating over this stating that they are acting as middlemen between buyers and sellers. After all, who is responsible for the e-commerce fraud? Watch this special discussion of Aapki Khabar Aapka Fayda.

Amazon, Google CEOs 'hint' at more layoffs amid economic downturn

Amazon, Google CEOs 'hint' at more layoffs amid economic downturn

Sat, Apr 15, 2023

Amazon CEO Andy Jassy said that the company had to conduct a thorough analysis of each business and invention within the company to determine whether they had strong potential to generate revenue, operating income, etc.

Amazon Blockbuster Value Days: Check dates, offers, bank discounts iQOO Z7, samsung voltas

Amazon Blockbuster Value Days: Check dates, offers, bank discounts iQOO Z7, samsung voltas

Fri, Apr 14, 2023

Amazon Blockbuster Value Days: The Amazon Blockbuster Value Days will be live from April 14 until April 17, 2023.

Amazon plans to reduce employee stock awards after mass layoffs

Amazon plans to reduce employee stock awards after mass layoffs

Thu, Apr 06, 2023

Amazon will reevaluate the 2025 compensation in the first quarter of next year to "plan for stock variation".

Amazon sues sellers for submitting fake takedown requests against competitors

Amazon sues sellers for submitting fake takedown requests against competitors

Fri, Mar 31, 2023

Amazon`s Counterfeit Crimes Unit (CCU) filed lawsuits against multiple groups that submitted thousands of false copyright infringement claims against Amazon`s selling partners in an effort to have those sellers and their products removed from the Amazon store.

India 360: How Will Global Layoffs Impact India? Watch This Special Discussion

India 360: How Will Global Layoffs Impact India? Watch This Special Discussion

Fri, Mar 24, 2023

Accenture is planning to lay off over 19,000 employees globally due to uncertain macroeconomic conditions. Layoffs have also been seen in multiple other sectors other than IT sector. META, Amazon had layoffs last year. A total of 1.5 lakh employees have been laid off in the last three months. How much will it impact Indian employees? Watch this special discussion with Deepak Dobhal on India 360.

Accenture to lay off 19,000 employees amid challenging global economic conditions

Accenture to lay off 19,000 employees amid challenging global economic conditions

Thu, Mar 23, 2023

What is interesting these job cuts have come on the heels of Accenture's second-quarter FY23 results, which show that the company's bookings and revenues increased during the quarter. However, the company has reduced its annual profits forecasts and revenue growth

Amazon to cut 9,000 jobs in second round of layoffs

Amazon to cut 9,000 jobs in second round of layoffs

Mon, Mar 20, 2023

CEO Andy Jassy said the company had added substantial amount of staff in the past few years, but the uncertain economy has forced it to choose cost and headcount cuts. The cuts will be concentrated in its cloud services, advertising and Twitch units.

Amazon might acquire MX Player in bid to expand reach: Reports

Amazon might acquire MX Player in bid to expand reach: Reports

Mon, Mar 20, 2023

American e-commerce giant Amazon is reportedly in advanced talks with Times Internet to explore the acquisition of its on-demand video streaming service MX Player

Tata 1mg, NetMeds, Practo in a fix? Centre may shut online pharmacies over data misuse, say sources

Tata 1mg, NetMeds, Practo in a fix? Centre may shut online pharmacies over data misuse, say sources

Tue, Mar 14, 2023

According to the drug regulator, the sale, stocking, exhibition, offer for sale or distribution of drugs through online means without a license could affect the quality of the drugs and pose danger to public health through self-medication or indiscriminate use of drugs.

Amazon Mega Electronics Day Sale is Live now, offers heavy discounts on laptops, headphones, tablets, and these gadgets

Amazon Mega Electronics Day Sale is Live now, offers heavy discounts on laptops, headphones, tablets, and these gadgets

Sun, Mar 12, 2023

Amazon Mega Electronics Day Sale LIVE: The sale, which ends on March 14, also offers extra discounts on HDFC, HSBC, and Yes Bank credit cards and no-cost EMI options

Alteria Capital provides $4.8M debt funding to D2C startup GIVA

Alteria Capital provides $4.8M debt funding to D2C startup GIVA

Thu, Mar 09, 2023

Alteria Capital focuses on innvoation, provides capital to fund growth & grow enterprise value. The venture debt firm invests in both early & late-stage ventures.

Amazon to join ONDC with logistics, SmartCommerce services

Amazon to join ONDC with logistics, SmartCommerce services

Fri, Feb 24, 2023

Moreover, the company said that the integration will provide greater technology support to the seller community and further empower small businesses, also it will benefit crores of consumers with wider choices.

Amazon Alexa gets new male voice: Here's how to change it

Amazon Alexa gets new male voice: Here's how to change it

Fri, Feb 24, 2023

Amazon Alexa gets new male voice: India will have the option to switch between the original voice - female - and the new masculine-sounding voice.

Pathaan OTT release date, platform; watch SRK, Deepika Padukone film for Rs 110 at PVR, Inox, Cinepolis

Pathaan OTT release date, platform; watch SRK, Deepika Padukone film for Rs 110 at PVR, Inox, Cinepolis

Thu, Feb 16, 2023

Pathaan OTT Release Date: Pathaan OTT release platform is Amazon Prime. Pathaan movie ticket price has been cut to Rs 110 at Inox, PVR and Cinepolis. Pathaan movie tickets can be booked online via BookMyShow. Pathaan box-office total collection worldwide is Rs 960 crore. Pathan features Shah Rukh Khan and Deepika Padukone.

RBI publishes list of 54 existing online payment aggregators

RBI publishes list of 54 existing online payment aggregators

Wed, Feb 15, 2023

"All stakeholders are advised to transact with only those existing PAs who have been granted in-principle authorisation or whose application is currently under process," the RBI said.

Aapki Khabar Aapka Fayda: Is Online Medicine A Convenience Or A Threat? Watch This Special Report

Aapki Khabar Aapka Fayda: Is Online Medicine A Convenience Or A Threat? Watch This Special Report

Mon, Feb 13, 2023

The Drugs Controller General of India (DCGI) has issued show-cause notices to e-commerce giants Amazon, Flipkart Health plus and 20 other online sellers for sale of drugs online without a licence. The show-cause notice dated February 8 by DCGI cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of medicines without a licence. The DCGI has said that in case of no reply, it will be presumed that the company has nothing to say in the matter and necessary action will be initiated against them without any further notice. Watch this special report of Aapki Khabar Aapka Fayda.

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