CAIT demands action against Amazon for violating laws in India
CAIT has sought immediate response from the home minister, defence minister, commerce minister and finance minister on the recent CCI order on Amazon.
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Amazon to launch two prototype internet satellites by December 2022
The first two prototype satellites, KuiperSat-1 and KuiperSat-2, will act as a trial run for the company before it launches thousands of small communication satellites into the low-Earth orbit for its satellite constellation.
Amazon strikes a deal with Verizon for launching satellites
Amazon’s billionaire founder Jeff Bezos has invested $10 billion to satellite subsidiary Kuiper Systems LLC, which intends to launch 3,236 satellites into low-earth orbit to give broadband internet access.
Singapore arbitration panel declines Future Retail’s plea on order with Reliance amidst dispute with Amazon
Amazon brought proceedings against Future before a Singapore arbitration panel, and the dispute is also being fought in various Indian legal forums.
PepsiCo ex-CEO Indra Nooyi says she has “never, ever, ever asked for a raise”
In an interview with New York Times earlier this week, she stated that she had “Never, ever, ever asked for a raise,” citing that she found it a cringe-worthy behaviour.
Macy’s sues to bar Amazon from its longtime billboard space at NYC store
In the lawsuit that was filed last week in the state Supreme Court in Manhattan, the retailer stated that there was a restrictive agreement set in place since 1963 that barred the advertisement space being used by any of Macy’s rivals.
Reliance Retail set to start online business in cosmetics
India’s beauty and personal care business, including physical and online stores, is estimated at $14-15 billion and is expected to increase at a compound annual growth rate (CAGR) of 8 per cent across the next five year.
Supreme Court puts a stay order on FRL’S Rs 24,731 crore merger deal with Reliance Retail
A legal bench chaired by Chief Justice N V Ramana, ordered the statutory authorities, such as the National Company Law Tribunal (NCLT), Competition Commission of India (CCI) and capital market regulator Sebi in a consent order. This was done to endorse the stay order on the final dispatch related to the merger deal for the upcoming four weeks.
Amazon to host first-ever Career Day in India on September 16
The event will be conducted digitally where numerous employs will come to talk about Amazon leadership and the working experience at Amazon.
Elon Musk says ‘Jeff Bezos retired to file lawsuits against SpaceX’
NASA, the US space agency stamped SpaceX's contract on hold for the second time now. Musk took to Twitter to revert a follower: "Turns out Bezos retired in order to pursue a full-time job filing lawsuits against SpaceX..."
Flipkart’s new facilities in Maharashtra to generate 4,000 jobs
The extension would assist Flipkart with contending Amazon, Reliance's JioMart, and Tata-possessed BigBasket.
Amazon to end relationship with one of India’s biggest sellers Cloudtail
Catamaran and Amazon had launched the joint venture in 2014.
Supreme Court rejects Flipkart and Amazon’s plea to halt CCI investigation
On Monday, the Supreme Court rejected e-commerce giants Flipkart and Amazon’s plea to halt the antitrust investigation into the companies' business practices.
Amazon’s Great Freedom Festival 2021 is LIVE! Grab up to 40% off on smartphones
The sale which began on August 5 will end on August 9. The sale is also offering discounts on various products like laptops, TV appliances, Amazon devices.
Amazon mandates wearing mask for 900,000 US warehouse workers
Brian Olsavsky, Amazon’s Chief Financial Officer had said in the previous week that the rise in COVID-19 infections linked to the Delta variant was pushing the company to get more of their workers vaccinated.
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