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TREND | 07 Dec 2024

Amazon, Flipkart Preferred Sellers Trying To Scuttle' Investigation: CCI To Supreme Court

NDTV Profit

The CCI seeks consolidation of all cases in a bid to expedite the antitrust probe against e-commerce giants.

E-Commerce

TREND | 06 Dec 2024

Flipkart Minutes To Zepto: Shorter Delivery, Aggressive Pricing Raise Stake As Grocery Stores Lag

NDTV Profit

Flipkart Minutes has intensified competition, surpassing DMart Ready in price competitiveness for the first time, as per an analysis by Jefferies.

Various product categories available via Flipkart Minutes during EOSS sale

Business Standard | 06 Dec 2024

E-Commerce

TREND | 06 Dec 2024

Orange Health Labs raises $12 million in funding led by Amazon Smbhav

Business Standard

The company offers diagnostics directly to customers' doorsteps, with booking available through its website or app

Amazon CTO shares top predictions for 2025, including rise of mission-driven workforce

livemint | 06 Dec 2024 3 more

E-Commerce

TREND | 05 Dec 2024

Chequered Flag Dec 5: News At A Glance

NDTV Profit

Today's top stories include Devendra Fadnavis being sworn in as Maharashtra's CM, Myntra's Quick Delivery, Bitcoing hitting $100,000, Delhi pollution restrictions liftedI and SRO's launch.

E-Commerce

TREND | 05 Dec 2024

Myntra Launches 30-Minute Quick Delivery With M-Now

NDTV Profit

Starting with Bengaluru, Myntra aims to scale the service in other cities, including Mumbai, Delhi and Pune, in the coming months.

We continue to grow ahead of the market: Myntra CEO Nandita Sinha

Business Standard | 05 Dec 2024 4 more

E-Commerce

TREND | 05 Dec 2024

Abercrombie & Fitch expands into India via partnership with Myntra Jabong

Business Standard

American lifestyle retailer Abercrombie & Fitch Co. on Thursday announced a multi-year franchise partnership with Myntra Jabong, the business-to-business wholesale arm of fashion and lifestyle e-commerce platform Myntra. The collaboration aims to expand Abercrombie & Fitch's retail presence in India through physical stores and e-commerce platforms, enhancing its brand reach in the region. "Over the life of the franchise agreement, Myntra Jabong will build a brick-and-mortar retail store presence in the country, regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties," a company statement said. Abercrombie & Fitch Co. CEO Fran Horowitz expressed enthusiasm about engaging with Indian customers and said India is an incredibly dynamic and diverse market where the brand sees "tremendous long-term potential". Store presence will be built starting from top metros, including Delhi and Mumbai, which would be among...

E-Commerce

TREND | 05 Dec 2024

AWS commits $100 million in cloud credits for underserved students

Business Standard

Amazon Web Services (AWS) on Thursday said it is committing up to USD 100 million in cloud credits over the next five years to help eligible educational institutions and underserved students worldwide develop and scale digital learning solutions. The programme, a part of AWS Education Equity Initiative, will grant recipients cloud credits, which function similarly to cash, allowing organisations to reduce their expenses when utilising AWS's cloud services. "At AWS, we are committed to levelling the playing field in education, ensuring learners from underrepresented and underserved communities have equal access to transformative learning opportunities. That's why AWS is committing up to USD 100 million in cloud credits over the next five years to help qualifying education organisations around the world build or scale digital learning solutions as part of the AWS Education Equity Initiative," a company blog said. With these credits, recipients can leverage AWS's comprehensive portfoli

E-Commerce

TREND | 04 Dec 2024

Cong MP calls for law to ensure fair wages, job security for gig workers

Business Standard

Congress MP B Mannickam Tagore Wednesday called for legislation to protect gig economy workers by ensuring fair wages, job security and social benefits for them. He raised the issue during Zero Hour in Lok Sabha, highlighting the plight of gig economy workers, which he termed a human rights issue rather than a labour issue. "I want to bring your attention to the plight of gig economy workers particularly those at Amazon India, including the warehouse staff and delivery persons who are protesting against unfair wages and unsafe working conditions. These workers earn less than Rs 10,000 a month while enduring long hours and immense pressure. "Amazon claims to offer PF and insurance but the reality is far from these promises. The ongoing protest during the Black Friday event underscores the inequality in our economy and exploitation faced by these workers," he said. The MP from Virudhunagar in Tamil Nadu said it is "our duty to stand with our workers and push for a meaningful...

Amazon announces 'Nova' family of foundation models amid generative AI wave

Business Standard | 04 Dec 2024

E-Commerce

TREND | 03 Dec 2024

Amazon India acquires Mumbai land worth 450 crore from Lodha Group to set up data centres. Check details

livemint

Amazon Data Services India, an Amazon India subsidiary, reportedly acquired 38.18 acres of land from Macrotech Developers or Lodha Group. Macrotech Developers' shares rose in Tuesday's trading session.

Tecno to launch Phantom V Fold 2 and Flip 2 in India soon: What to expect

Business Standard | 03 Dec 2024

E-Commerce

TREND | 03 Dec 2024

OPPO Find X8 series goes on sale in India with introductory offers: Details

Business Standard

The OPPO Find X8 series smartphones are now available for purchase on OPPO e-store, Flipkart, and select retail stores in India