Amazon plans to hire an additional 250,000 workers in the United States for the upcoming holiday shopping season. It’s 67 per cent increase compared to the number of hires made in the previous two years. The decision is part of Amazon’s efforts to expand its next-day delivery services for customers. This hiring surge follows Amazon’s […]
Microsoft’s product chief, Panos Panay, is set to depart from the technology giant, as announced by Rajesh Jha, the executive vice president, to employees on Monday. Panay is reportedly being hired by Amazon to oversee its hardware business. The move comes after Dave Limp, the longtime Amazon hardware chief, announced his plans to retire from the […]
Farmley, a dry fruits and nuts specialist brand has launched Sugar-Free Date Bites, according to the brand it has no added sugar and the newly launched Date Bites are made with the goodness of 6 ingredients – Pista, Almonds, Dates, Cashews, Honey & Ghee. Talking about the new launch, Akash Sharma, Founder and CEO, Farmley […]
In compliance with the guidelines set forth by the Reserve Bank of India (RBI), the e-commerce giant Amazon has announced that it will cease accepting Rs 2,000 currency notes as payment for ‘Cash On Delivery’ (COD) orders starting from 19 September 2023. The RBI had earlier declared the withdrawal of India’s highest denomination, the Rs […]
Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]
The Central government is expected to come out with the much-awaited draft of the e-commerce policy. Union Commerce Minister Piyush Goyal on Wednesday held the final round of consultations with industry representatives from Amazon, Flipkart, Tata Digital and more. Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade […]
The Confederation of All India Traders (CAIT) on Thursday urged the Competition Commission of India (CCI) to pass directions to expedite the pending investigation of the CCI and to suspend operations of Amazon in India till all ongoing investigations are concluded. The apex body has sent a letter to the CCI Chairperson accusing Amazon of […]
Amazon, a ecommerce platform, has announced its plan to surpass USD 8 billion in cumulative exports from India by the end of 2023. Since the inception of its Amazon Global Selling program, the company has successfully onboarded 125,000 exporters. Remarkably, more than 1,200 of these exporters achieved sales exceeding Rs 1 crore in 2022. Bhupen […]
Ecommerce majors such as Amazon and Flipkart have been invited to join India’s digital public infrastructure Open Network for Digital Commerce (ONDC), said the network’s Chief Executive Officer T Koshi. In an interaction with ANI, Koshi said it invited them and they were welcome to the network. “They are looking at (ONDC) seriously and we […]
