Centre to Draft New E-commerce Rules Soon
The government is in the final stages of drafting new e-commerce rules, including blocking their affiliated entities from selling on the platforms and restricting flash...
Tag : Amazon
RBL Bank to Sell Rs 105 Crore FCRPL Debt
RBL Bank sells its Rs 105 Crore loan to Future Corporate Resources Pvt Ltd (FCRPL), which holds a massive stake in Future Coupon. FCRPL is...
Amazon Infuses Fresh Capital Worth Rs 650 Crore
Amazon has infused fresh capital of Rs 650 crore into one of its India units, Amazon Wholesale (India), according to regulatory documents. Amazon Corporate Holdings...
Amazon CEO Bezos Donates $100 Mn to Obama Foundation
Jeff Bezos donated $100 million to the Obama Foundation. The donation was in honour of the late Congressman John Lewis, which will “help increase the...
Indian Police Charge Amazon Executive in Narcotics Case
Indian police said that they had accused an executive of Amazon’s local unit of a case of marijuana smuggling through the online retailer. Police of...
Amazon, Flipkart Clock $9.2 Billion in Gross Festive Sales
E-commerce firms such as Amazon, Flipkart, and others witnessed blockbuster festive season sales of about $9.2 billion this year, surpassing the pre-pandemic sales of $5...
Amazon Takes Approval to Use 4,500 Extra Satellites for Internet Plan
Amazon is attempting approval from the US communications regulators to utilise over 4,500 additional satellites to deliver broadband Internet worldwide. Amazon had said that it...
Amazon Files Another Petition in SC Against NCLT Order
Amazon has filed another petition in the Supreme Court against the National Company Law Tribunal (NCLT) that had permitted Future Retail (FRL) to have meetings...
Amazon Launches New Device For Kids
Amazon declared a partnership with Walt Disney Co that includes new products for children. Amazon will also launch an Alexa voice assistant at Disney’s resorts...
Amazon Announces Billie Eilish Limited Edition Echo Studio
Amazon has partnered with singer Billie Eilish to launch a limited-edition Echo Studio with the singer’s face on the device’s front. A picture which is...