Amazon to invest ₹1.05 lakh crore in India's cloud infrastructure
AWS says investment in data centre infrastructure in India will support about 1.31 lakh full-time equivalent jobs each year
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Amazon to join ONDC with logistics, SmartCommerce offerings
ONDC was launched in line with the government's start-up India initiative on December 30, 2021, to curb the presence of digital monopolies in the domestic ecommerce market.
Govt may launch probe against Amazon India amid layoffs, resignations
A week earlier, the government had summoned the ecommerce giant, which has as many as one lakh employees in India, for discussion regarding layoffs and subsequent layoffs.
After edtech, Amazon to close food delivery business in India
In a letter sent to restaurant partners, the e-commerce firm said that the food delivery services will discontinue from December 29, as part of the company’s annual operating planning review process.
Labour ministry summons Amazon over layoffs in India
The development comes at the heels of mass layoffs announced by the ecommerce giant last week. The company has 1,00,000 employees in India.
Amazon layoffs will continue into next year: CEO Andy Jassy
Amazon CEO says there will be more job cuts.
Making a dent in fashion, grocery top priority for new Amazon India CEO
Manish Tiwary believes e-commerce is barely 3%-4% of organised retail and a lot needs to be done to grow the market.
Festive sales: Ecommerce platforms clock $3.5 bn in first 4 days
Redseer has projected a GMV of $5.9 billion for this year's festive sale.
Comfortable with marketplace model; still long way to go: Amazon India's Manish Tiwary
"Because of FDI rules we are not supposed to have our own brands, they are either licensed or we are developing them together and are sold by a third-party seller," says Manish Tiwary.
Future Retail tanks 8%, alleges Reliance 'forcefully' took control of stores
Future Retail says Reliance Group has unilaterally terminated leases and forcefully taken over control of hundreds of its stores.
