Amazon India
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Jeff Bezos sells Amazon’s one million shares, worth more than $3 billion
This is the third such instance in 2020 when the billionaire had sold Amazon shares, in transactions amounting to more than $10 billion, lowering his stake in the company by 10.6 percent.
Amazon to face caveat petitions filed by Future Group in Delhi High Court
The Kishore Biyani owned Future Group filed two caveat petitions in the Delhi High Court against the retail giant Amazon. The petition can be seen as a precautionary step to ensure a chance to be heard if Amazon files a case over the deal.
Amazon India writes letter to SEBI, tells Future Retail is misleading public
On August 29, Future Retail had announced that it would “sell by way of a slump sale the retail and wholesale business” of its supermarket chain Big Bazaar, premium food supply unit Foodhall, and fashion and clothes supermart Brand Factory’s retail and wholesale units to Reliance Retail.
Amazon serves legal notice to promoters of Future Group for allegedly breaching a non-compete contract
Global retail giant Amazon has sent a legal notice to promoters of Future Group for allegedly breaching a non-compete contract over the latter’s deal with Reliance Industries
Amazon India launches specialized fulfilment centre near Chennai
Amazon India has launched a specialized fulfilment centre near Chennai in Tamil Nadu. Gearing up for the festive season, Amazon India on Tuesday said it will serve as an expansion of an existing centre to complete deliveries within time.
Amazon India to sell medicines through online pharmacy store in Bengaluru
E-commerce giant AmazonInc said it will launch an online pharmacy in India that will serve the city of Bengaluru, moving to widen its reach in a key growth market.
Amazon India steps in online pharmacy service
Amazon launched Amazon Pharmacy in India, marking its entry into the online medicine segment.
Amazon India’s Prime Day Sale witnessed greater participation in the wake of COVID-19
Amazon India witnessed greater participation of buyers and sellers from smaller cities and towns during its two-day ‘Prime Day’ sale event, keeping in line with the surge in online sales since the start of decade. The e-commerce giant said the Prime Day event this year saw more than twice as many customers signing up for its premium 'Prime' membership compared with 2019, with over 65% of new members from outside the top 10 metropolitan cities.
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