Tuesday, January 21, 2020, 8:28 AM
Notwithstanding an apparent snub from the Indian government, Amazon chief Jeff Bezos' charm offensive for India is showing little signs of slowing down. Union Commerce Minister Piyush Goyal dismissed Mr Bezos's announcement that Amazon would invest $1 billion as "not a favour", and a senior BJP leader hit-out at his ownership of The Washington Post, a newspaper often seen as critical of PM Modi.
Monday, January 20, 2020, 8:07 PM
"Many people are talking about jobs, including your paper, but I look at the jobs in the perspective of the jobs lost also. I cannot create 700,000-jobs by breaking the law, breaking every anti-competitive restriction, monopolising certain markets", said Commerce and industry-minister Piyush Goyal. India is going to Davos with the theme 'Power-of-India'. We believe that PM-Modi has created a-new-level of respect for India.
Friday, January 17, 2020, 12:53 PM
E-commerce major Amazon said it plans to create one million new jobs in India over the next five-years through investments in technology, infrastructure, and its logistics network. These jobs are in addition to the seven lakh jobs Amazon's investments have enabled over the last six years in the country. "Amazon plans to create one million new jobs in India by 2025," the company said.
Thursday, January 16, 2020, 5:59 PM
Union Commerce Minister Piyush Goyal on Thursday said Amazon isn't doing any favour by investing $1 billion in India, at a time when Amazon's Founder and world's richest person Jeff Bezos is on a visit to India. "If they are getting a billion dollars to finance losses then question to be raised is where the loss came from," Goyal said.
Thursday, January 16, 2020, 8:18 AM
The 21st-century is "going to be the Indian-century", Amazon-CEO Jeff Bezos predicted as he announced investments worth over $1-billion to small-business in the country. The tech-mogul, who is on a three-day visit to the country, also spoke on the "dynamism and energy" in India. "I predict that 21st-century is going to be the Indian century," Mr Bezos said speaking at a company-event in New-Delhi.
Thursday, January 16, 2020, 8:04 AM
Amazon-CEO Jeff Bezos, who is on a three-day visit to India, shared some-moments from his stay in the country. The Amazon founder's posts on Instagram include a photograph of a box-of-chocolates he found in his hotel-room and video of him flying a kite. "Discovered in my hotel-room when I got to India. Seriously Impressive!" Bezos captioned the post featuring chocolate spread on a table.
Wednesday, January 15, 2020, 7:55 AM
Stunned at losing the prestigious $10-billion Pentagon Cloud project, Amazon has sought 'preliminary injunction' from the court to temporarily block Microsoft from starting work on the project. According to a CNN-Business-report citing a court filing on Tuesday, retail giant's Cloud arm will seek a preliminary injunction to "prevent the issuance of substantive task orders under the contract". Amazon's request will be submitted by Jan.-24.
Tuesday, January 14, 2020, 11:39 AM
Amazon is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters. The move comes as Amazon faces public scrutiny over how it polices counterfeits and allegedly unsafe products on its platform.
Tuesday, January 14, 2020, 11:24 AM
India's Competition Commission has opened an antitrust probe into Amazon.com Inc and Walmart Inc's Flipkart Online Services Pvt, over exclusive arrangements between the retailers and mobile phone brands and preferential treatment given to some sellers. The antitrust body is due to complete its investigation and submit its findings within 60 days of the Jan 13 order.
Monday, January 13, 2020, 5:27 PM
US-based e-commerce giant Amazon is under fire again for hurting religious sentiments as several objects selling on the platform were found to be objectionable. An FIR has been filed against the Jeff Bezos-owned e-commerce platform by DSGMC chief Manjinder Singh Sirsa, various media platforms reported. Several items such as toilet mats with pictures of Golden Temple, Hindu deities were selling on the platform.
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